The euro has fallen against the British pound as compounding fiscal and political anxieties in France rattle European markets.

Eurozone annual inflation accelerated to 3.8% in September, driven largely by soaring energy costs and presenting new challenges for central bankers.

Long-term government borrowing costs across major advanced economies surged to levels unseen since the 2008 financial crisis, driven by geopolitical tensions and inflation fears.

Investors are weighing central bank policy paths against persistent inflation and geopolitical instability as key Eurozone and UK economic data releases loom.