Heads up: Germany September CPI expected to show inflation back above 3%

German inflation will be one of the main economic data points to watch out for in European trading today, with the September reading expected to show a further pick up in price pressures.Here's what markets are looking for:CPI +3.1% y/y expected; Prior +2.9%HICP +3.2% y/y expected; Prior +2.9%The August report already showed inflation accelerating to…