Five Stories Shaping the Morning of October 3

1. Euro-area inflation accelerated to 3.8%, led by an 18.8% rise in energy prices. Hungary's exposure runs through euro rates, external yields and EUR/HUF.

2. China opened an anti-dumping probe into an EU chemical. No tariff has been decided, but affected exporters now need to participate in the procedure.

3. Apple promised tighter approval for AI agents. Full Disk Access can cover files, messages and browsing history; no implementation date has been announced.

4. The Nasdaq gained 1.19% on Friday, while the BUX edged up 0.09%. Weak U.S. employment data eased fears of a near-term rate increase.

5. Hungary's bond market is already pricing euro-roadmap risks. Faster euro-area inflation and diverging central-bank paths make Friday's scenarios newly relevant.

The primary macro source is Eurostat's October 2 release. This Saturday briefing organises verified developments; it is not real-time market monitoring. Readers should distinguish confirmed decisions from investigations, estimates and scenarios. The afternoon round will reassess only material new information and the sections still missing daily coverage.