ECB Governing Council member Holzmann: The economy may develop unexpectedly for the better.

ECB Governing Council member Holzmann: I would be satisfied if the economy could remain strong while maintaining higher interest rates.

ECB Governing Council member Holzmann: The possibility of further interest rate hikes cannot be ruled out.

ECB Governing Council member Holzmann: Inflation risks remain upward.

ECB Governing Council member Holzmann: It’s not clear yet whether we have reached peak interest rates.

President of the Peruvian Council of Ministers: Peru will issue licenses for nine mining projects before the end of the year and will continue to simplify the mining approval process.

President of the Peruvian Council of Ministers: Peru will produce 2.6 million tons of copper this year.

Court documents show that the U.S. Federal Trade Commission (FTC) asked the court to order any necessary structural, equitable and monetary relief measures in Amazon’s antitrust lawsuit.

According to Politico: Germany will announce temporary border checks with Poland.

U.S. House Speaker McCarthy hopes to meet with U.S. President Biden on border security.

Amazon (AMZN.O): FTC lawsuit "wrong on facts and law, and we look forward to defending in court."

Amazon (AMZN.O): If the U.S. Federal Trade Commission’s (FTC) antitrust lawsuit is successful, the result will be “fewer products for consumers to choose from, higher prices, and slower delivery.”

S&P Emerging Markets Credit Conditions Report: The probability that the U.S. economy will begin a recession in the next 12 months has eased, but remains high.

S&P Emerging Markets Credit Conditions Report: Structurally high interest rates will inhibit investment in emerging markets and limit productivity growth.

S&P Emerging Markets Credit Conditions Report: Weak external demand in the United States and Europe will weaken the export profile of most emerging markets.

S&P Emerging Markets Credit Conditions Report: Most emerging markets are expected to continue to experience below-trend growth through the remainder of 2023 and 2024.

S&P Emerging Markets Credit Conditions Report: Economic resilience may gradually weaken in the coming quarters.

S&P Emerging Markets Credit Conditions Report: Credit conditions in the fourth quarter will face the test of poor economic growth, high interest rates and cost pressures, which will have an impact on the relative stability of emerging markets.

S&P Emerging Markets Credit Conditions Report: Weak economic growth and high interest rates are expected in the fourth quarter, while high prices will persist.

S&P Emerging Markets Credit Conditions Report: Credit quality in key emerging markets may come under pressure as risks emerge.