ForexLive European FX news wrap: Japanese yen surges as Ishiba wins PM contest ...Middle East

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Headlines:Japanese yen surges as Ishiba wins leadership race to become next Japan prime ministerShigeru Ishiba wins LDP leadership race run-off, will be Japan's next prime ministerWeekly update on interest rate expectationsBNP Paribas revises call and sees the ECB cutting rates in October nowGoldman Sachs the latest to change their call on the ECB, now expects rate cut in OctoberSpain September preliminary CPI +1.5% vs +1.9% y/y expectedFrance September preliminary CPI +1.2% vs +1.6% y/y expectedGermany September unemployment change 17k vs 12k expectedEurozone September final consumer confidence -12.9 vs -12.9 prelimUK September CBI retailing reported sales 4 vs -27 priorFears of widespread

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