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Mads Pedersen, CIO of Human Edge Investment Technology, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to look ahead to the PCE data.

Banca Monte dei Paschi di Siena Chief Executive Officer Luigi Lovaglio tells Bloomberg Television he is confident shareholders will recognize the value of his twin takeover offers for Banco BPM and Banca Generali. "We are building an Italian champion," Lovaglio says. The CEO needs support from at least two thirds of the votes cast at a shareholder meeting on Oct. 29 to proceed with his plan. Lovaglio speaks to Bloomberg's Francine Lacqua.

Peter Oppenheimer, chief global equity strategist at Goldman Sachs, says European stocks have remained resilient and have "done rather well" in the face of inflationary pressures and rising bond yields. He also comments on French bond yields. Speaking on Bloomberg Television, Oppenheimer says the profit story "is still solid," but should markets experience a further sharp bond selloff, equities could "become vulnerable."

Inflation in France quickened to the fastest pace in more than two years as surging oil and natural gas costs continue to weigh on Europe's economy. Inflation in the euro area's second-biggest economy stood at 3.4% in September, up from 2.6% in August, statistics agency Insee said. The reading keeps pressure on the European Central Bank to continue raising interest rates. Bloomberg's Oliver Crook has the details.

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Rufaro Chiriseri, head of fixed income for Europe at RBC Wealth Management, discusses the outlook for Treasury yields and Federal Reserve policy. "6% on the on the 30-year is not a level that seems to be wildly out of any possibility," Chiriseri tells Bloomberg Television. "We still expect that yields could still continue to trend higher from here."

Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed Al Nahyan took the helm of a $300 billion sovereign wealth fund which has become central to building the infrastructure needed to override Iran's stranglehold over the Strait of Hormuz. The fund is now likely to spend tens of billions of dollars more on new port infrastructure outside the embattled strait, people familiar with the matter said. Bloomberg's Alex Dooler reports.

OpenAI aims to raise at least $30 billion from investors in a new round of funding, according to people familiar with the matter. The company is seeking a valuation of around $1.4 trillion, not including the money raised, said the people. This comes after the artificial intelligence startup pushed back its plans for an initial public offering. Bloomberg's Neil Campling reports.

Biotech stocks in Hong Kong continue to rally amid hopes of AI-driven development. Bernstein senior analyst Rebecca Liang explains why investors are becoming more optimistic about biotech stocks than last year. She spoke on "Bloomberg: The China Show."

Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan & Goldman Sachs. Meanwhile the diplomatic stalemate between the US & Iran continues with Hormuz & nuclear weapons being the main sticking points despite mediation efforts from Qatar.  Aniseh Bassiri Tabrizi, Associate Fellow MENA at Chatham House spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the impasse between the two sides.

Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to JPMorgan Chase & Co. and Goldman Sachs Group Inc. Shipments of crude oil have rebounded to 98% of pre-war levels, while flows of products such as diesel and gasoline were at 58%, according to JPMorgan. Meanwhile, Goldman Sachs said oil exports from the Persian Gulf had recovered to 23.3 million barrels a day over the last week, in line with the 2025 average. Bloomberg's Stuart Livingstone-Wallace breaks down the situation.

Rosanna Law, Hong Kong's Secretary for Culture, Sports and Tourism, discusses efforts to diversify the city's tourism offerings and boost visitor spending ahead of China's Golden Week holiday. She speaks with Yvonne Man and David Ingles on "Bloomberg: The China Show."