
Central Banks
Die EZB avanciert mit dem digitalen Euro und tokenisierten Grosshandelsguthaben auf der Konferenz der Fondazione ResPublica
Die Europäische Zentralbank hat ihre Roadmap für digitale Zahlungen festgelegt, wobei der Pilotprojekt für das digitale Euro für Ende 2027 vorgesehen ist und eine potenzielle Emission für 2029. Darüber hinaus werden neue Grosshandelsinfrastrukturen mit den Namen Pontes und Appia eingeführt.
Moulin warnt, dass die EZB die Stabilität des französischen Staatsverschuldens nicht garantieren kann
Emmanuel Moulin, der Gouverneur der französischen Zentralbank, wies den Rückgriff auf die EZB zur Bekämpfung steigender Kreditkosten zurück und betonte, die fiskalische Disziplin müsse weiterhin hoheitlich bewehrt bleiben.

SNB-Chef поддерzt strenge Kapitalvorschriften für die UBS
Der Präsident der Schweizerischen Nationalbank, Martin Schlegel, unterstützt den Vorstoss der Bundesregierung, die ausländischen Tochtergesellschaften der UBS zu 100 Prozent mit Eigenkapital abzudecken, und wies die Kritik des UBS-Chefs an der Handhabung der Credit Suisse-Krise durch die Behörden zurück.

Die ungarische Zentralbank unterstützt eine Aufwertung des Forint, um die Entinflation zu unterstützen
Die Nationale Bank von Ungarn erklärt, dass ein stärkerer Forint dazu beitragen kann, das revidierte Inflationsziel zu erreichen, wobei die Beeinträchtigung der Wirtschaftswachstum gering und keine klare Verbindung zu den Exportleistungen besteht.
Die EZB sieht begrenzte Druckpunkte auf die Löhne bei der durch Energie verursachten Inflation
Philip Lane, Chefökonom der Europäischen Zentralbank, sagte, dass der Lohnwachstum trotz der explodierenden Energiekosten weiterhin moderat ist und dadurch die Inflationsrisiken begrenzt bleiben.
ECB-Chef Vujcic warnt vor einer Erhöhung der Inflation in der gesamten Eurozone durch die Dieselpreise
ECB-Vizepräsident Boris Vujcic warnte, dass persistente hohe Energiekosten das Wachstum dämpfen könnten und die Markterwartungen für aggressive Zinserhebungen beeinträchtigen könnten.
Die CIBC prognostiziert für das vierte Quartal 2026 einen kanadischen Dollar bei 1,42 USD/CAD, da sich der Zinsunterschied weiter ausgebreitet
CIBC Capital Markets schätzt, dass das Paar USD/CAD im 4. Quartal 2026 im Durchschnitt 1,42 beträgt, und führt dafür ein wachsendes Zinsunterschied und Handelskonflikte mit den Vereinigten Staaten an. Gleichzeitig erwartet das Unternehmen, dass die Fed straffer wird und die Bank of Canada die Zinssätze hält.

Ungarn könnte die Zinsen in diesem Jahr senken, wenn der Euro-Plan vorankommt, sagte der stellvertretende Gouverneur
Die Nationalbank Ungarn liess ihren Leitzins unverändert bei 5,5 % und senkte ihr Inflationsziel auf 2,5 %. Der stellvertretende Gouverneur Zoltan Kurali sagte, eine weitere Lockerung sei bis Jahresende noch möglich, wenn es zu einer fiskalischen Klarheit kommt und die Einführung des Euro voranschreitet.
Das FedWatch-Tool zeigt eine Wahrscheinlichkeit von 56 % für eine Zinserhöhung im September 2026
Die nach der Rede von Fed-Vorsitzenden Warsh in Jackson Hole erfolgte Änderung des Marktpreises erhöht die Wahrscheinlichkeit eines Zinsschubs um 25 Basispunkte auf nun fast 56% bei der FOMC-Sitzung am 16. September.

Die US-Zinsen für 10 Jahre steigen auf 6-Wochen-Hoch, die Bondkrise setzt sich fort
Die zehnjährige US-Treasury-Zinsspanne erreichte 5,225%, den höchsten Wert seit Juli 2007, da der Bonusrubble sich verstärkte. Die 30-jährige Zinsspanne erreichte ebenfalls einen 22-Jahres-Höchstwert.

Die Schweiz fügt Kryptowährungs- und Digitalwährungsverbote zu den Sanktionen für Belarus hinzu
Am 19. September 2026 wird der Schweizerische Bundesrat EU-angemessene Sanktionen gegen Belarus durchsetzen, wobei ein Transaktionsverbot für ausgewählte Kryptowährungen, digitale Zentralbankwährungen und damit verbundene Dienstleister gilt.
Isabel Schnabel, Vorstandsmitglied der EZB, tritt im Januar 2027 als Finanzberaterin beim IMF ein
Schnabel wird am 3. Januar 2027 den Direktorium der EZB verlassen und am folgenden Tag die Funktion beim IWF übernehmen, nachdem sie die Zustimmung der Ethikkommission der EZB erhalten hat. Präsidentin Christine Lagarde lobte ihre Beiträge zur Inflationszielsetzung und zur institutionellen Modernisierung.
Isabel Schnabel wird im Januar 2027 zum IMF wechseln
Die EZB kündigte an, dass die Direktorin Isabel Schnabel die zentralbank im Voraus ab Januar 2027 verlässt, um ab 4. Januar die Leitung des Geld-und Kapitalmarktteils beim IWF zu übernehmen. Ihr achtjährige Mandat war Ende 2027 auslaufen.

Britische Banken vollenden die ersten tokenisierten Pfund-Einlagen innerhalb von Instituten
Barclays, NatWest, HSBC und andere verwendeten die gemeinsame Quant-Plattform für Versuche mit reguliertem Bankgeld bei Umfinanzierungen und bei Einzelkundenzahlungen.

Die Renditen in den USA erreichten 5%, nachdem PMI-Daten und Anleihe-Auktionen den Markt erzitterten
Die US-Treuhandrenditen steigen über die 5%-Marke, da starke PMI-Daten und fehlgeschlagene Anleiheauktionen zu einem starken Verkaufsansturm führen, und Händler rechnen mit einer weiteren Zinsschraube der Fed.
Die Schweizerische Nationalbank (SNB) lässt die Zinssätze bei 0% stehen angesichts der weltweiten Straffung
Die Schweizer Zentralbank widersetzt sich globalen Zinserhöhungen, doch die Märkte erwarten einen Schritt bis Anfang 2027. Die Stärke des Schweizer Franken und die einzigartigen wirtschaftlichen Faktoren helfen, die Inflation niedrig zu halten.
Die Zentralbank der VAE verbietet der iranischen Bank Melli alle Transaktionen
Die Zentralbank der VAE hat die staatliche Bank Melli aus dem Iran untersagt, jegliche finanzielle Aktivitäten in den Emiraten durchzuführen, da sie gegen Gesetze zur Bekämpfung der Geldwäsche, der Terrorismusfinanzierung und der Verbreitung von Waffen verstösse.

Richmond Fed-Präsident Thomas Barkin kommentiert die Verstärkte Aktivitäten und die Inflationsstreben
Richmonds Fed-Präsident Thomas Barkin sagte, die wirtschaftliche Aktivität erhalte sich, während die Inflationsdrucke persisten.


Die Goldpreise sinken, da die längerfristigen Zinsaussichten der Zentralbanken das Marktstimmung negativ beeinflussen
Die Goldpreise sanken, da die Erwartungen nach längerer Zinserhöhungen von den Zentralbanken das Marktsentiment belasteten.

Eine Visa-Umfrage zeigt, dass die Adoption von US-Stablecoins bei einem Schutz auf Bankenebene auf 56 % steigen könnte
Eine von Visa durchgeführte Umfrage unter 2.192 US-Verbrauchern zeigt, dass die Absicht, Stablecoins zu nutzen, von 36 % auf 56 % steigen könnte, wenn Betrugsabschirmung und Einlagensicherung in ähnlicher Form wie bei Banken angeboten werden.

Die OECD erhöht die Wachstumsprognose für 2026 wegen der hohen Ölpreise und warnt vor Risiken für 2027
Der weltweite Wachstum wird bis 2026 auf 2,9 % schrumpfen, was angesichts der hohen Ölpreise überraschend ist, doch für 2027 liegen Abwärtsrisiken.

Die Europäische Zentralbank erhöht die Zinsen um 25 Basispunkte angesichts der Inflationssorgen, die durch den Iran-Krieg und Ölpreise über 100 US-Dollar pro Fass hervorgerufen wurden
Die Europäische Zentralbank erhöhte ihren Leitzins um 25 Basispunkte und begründete dies mit Inflationssorgen im Zusammenhang mit dem Konflikt in Iran und den Ölmengen über 100 US-Dollar je Barrel.

Die EZB öffnet Anwendungsanfragen für den Pilotprojekt des digitalen Euro 2027
Die Europäische Zentralbank lädt E-Commerce- und Mobile-Commerce-Betreiber im Eurogebiet dazu auf, bis zum 27. Oktober eine Anmeldung für einen 12-monatigen Beta-Test abzugeben, der im zweiten Halbjahr 2027 beginnt.

Der Kazaks der EZB sagt, dass sich der Fall für eine stärkere Geldstraffung zunehmend erweist.
Der ECB-Politiker signalisierte, dass sich die Bedingungen zugunsten weiterer Zinserhöhungen verschieben.

Fed Vice Chair Philip Jefferson says discount window enhancements support market liquidity
Federal Reserve Vice Chair Philip Jefferson noted that recent discount window enhancements are intended to support market liquidity.

China gold imports surpass 1,000 tonnes, set new annual record
Chinese gold imports topped 1,000 tonnes by August, already exceeding the full-year 2025 total, as a stronger yuan and central bank buying fuel demand.

Deutsche Bank forecasts two BoE rate hikes in November and February as inflation eases
The bank shifted from expecting no further increases to projecting two quarter‑point rises, citing the September MPC minutes that showed waning tolerance for elevated inflation and limited second‑round effects. It notes the moves would be insurance hikes, with rates still guided by energy prices and a Taylor Rule estimate just above 4%.


St. Louis Fed President Alberto Musalem says further rate hikes may be needed to quell inflation
St. Louis Fed President Alberto Musalem said additional rate hikes may be required to curb inflation driven by strong demand and a commodity price shock.

Gold climbs to $4,359 as oil slump eases inflation concerns, Trump hints at Iran talks
Spot gold rose 0.4% to $4,359.40 amid a 9% oil decline, while Fed rate hike and ETF inflows support the rally; President Trump is set to address the UN later Tuesday.

ECB raises benchmark interest rate to 2.5% to combat inflation from Middle East conflict
The European Central Bank increased its benchmark rate to 2.5 percent, citing inflation pressures linked to the Middle East conflict.

Saudi Arabia withdraws from mBridge CBDC project after proof of concept
SAMA ended participation in a China-led cross-border digital currency initiative following a successful pilot in May 2025, marking an exit from a BIS-backed platform designed for central bank digital currency transactions.

SNB Releases Key Monetary Policy Statistics on September 21, 2026
The Swiss National Bank (SNB) published updated economic and monetary policy data, including liquidity and foreign exchange reserves metrics, on September 21, 2026.

Federal Reserve Raises Target Rate to 3.75%-4% With 25-Point Hike
The Federal Reserve increased its federal funds target range by 25 basis points to 3.75%-4%, according to the primary announcement dated Sept. 16.

Weidmann Warns EU Against Over-Reliance on Large Banks
Jens Weidmann, former Bundesbank president and ECB board member, urged Europe to prioritize banks with sustainable business models over sheer size, amid concerns over debt and regulatory burdens.

European Stocks Slide After ECB Lifts Rates to Highest Since April 2025
STOXX 600 fell 0.7% as the European Central Bank raised its deposit rate by 25 basis points to 2.50%, while Brent crude breached $100 a barrel amid surging eurozone inflation.

Euro Yields Hold Multi-Year Peaks as Crude Surges Ahead of Central Bank Decisions
German bunds stay near 13-year highs as Brent crude jumps to $112 a barrel on Middle East tensions, with Fed and ECB policymakers bracing for fresh inflationary pressure.


ECB wage tracker shows 2.7% negotiated wage growth projected for H1 2027
The ECB’s forward‑looking wage tracker, based on collective bargaining agreements signed through August 2026, indicates a modest rise in euro‑area wage pressures, with employee coverage still limited but expected to grow.

Swiss Economic Calendar: SNB Policy Update, Federal Votes, Roche Pharma Day This Week
The Swiss National Bank will release its balance of payments and monetary policy assessment this week, alongside federal votes on Sep 27 and earnings from firms including Hilti, Hilti and Roche.

Euro zone bond yields hold near multi-year peaks ahead of Fed rate decision
German Bund yields remain at their highest level since 2011, with short‑term Schatz rates near a three‑year high, as markets price a 92% chance of a 25‑basis‑point Federal Reserve hike. Brent crude stays above $113 a barrel, reinforcing inflation concerns that keep euro‑area debt yields elevated.

Nomura forecasts two additional European Central Bank interest rate hikes for December and March
Nomura projects two further ECB rate hikes, one in December and another in March.

Upcoming US FOMC Meeting Prompts Market Views on Potential Rate Cuts and Target Ranges
Markets are watching an upcoming U.S. Federal Open Market Committee meeting for possible interest‑rate cuts and the associated target range.

Donald Trump says US should have world's lowest interest rate ahead of Fed meeting
Former President Donald Trump said the United States should hold the world's lowest interest rate as the Federal Reserve prepares for its next policy meeting.

SNB Rate Decision Leads Busy Week of Global Central Bank Announcements
The Swiss National Bank joins Norges Bank, the Riksbank, and Banxico on Thursday's slate of policy meetings, alongside Chinese LPR decisions, global flash PMIs, and a US-China summit.

Gold climbs as investors digest Fed rate hike, signal further tightening, and oil rally stalls
Gold prices rose while oil's rally stalled after the U.S. Federal Reserve announced an interest‑rate increase and signaled additional tightening.

Angola's central bank cuts its key lending rate by 100 basis points as inflation falls to single digits
Angola's central bank reduced its key lending rate by 100 basis points after inflation moved into single‑digit territory.


Minneapolis Fed President Neel Kashkari Says Inflation Pressures Extend Beyond Oil Prices
Kashkari told Fox News that inflation pressures are broader than just oil price movements.

ECB Raises Key Rates by 25 Basis Points to 2.5%
The European Central Bank delivered its expected quarter-point hike, citing resilient growth and persistent Middle East-driven inflation pressures.

EZB erhöht Leitzins auf Rekordhoch – Inflation bleibt über Zielwert
Die Europäische Zentralbank (EZB) hob den Einlagensatz auf 2,50 % an, nachdem die Inflation im Euroraum bei 3,3 % blieb und über dem Zielwert von 2,0 % lag.

Asian Currencies Slip as Dollar Strengthens, Yen Holds Near Seven‑Month High
The U.S. dollar gained against most Asian peers after August inflation data raised expectations of a Federal Reserve rate hike, while the Japanese yen remained close to its strongest level since February. Markets also priced in a potential Bank of Japan tightening as oil prices rose on Middle East supply concerns.

ECB raises key rates by 25 bps, deposit facility to 2.50%
The ECB Governing Council lifted its deposit, main refinancing and marginal lending rates by 25 basis points to 2.50%, 2.65% and 2.90% respectively, citing persistent inflation pressures from the Middle East conflict.

BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks
BIS chief Pablo Hernandez cautions that AI spending funded by opaque debt could create systemic risks, citing past railway and dot‑com bubbles.

Ex-BoE deputy governor leads trio of ex-central bankers at Fnality
Jon Cunliffe, Jochen Metzger and Ron Berndsen join blockchain settlement firm as it expands into euro and dollar payment systems.

Stournaras Warns ECB on Inflation Risks, Rates to Stay Cautious
ECB member cautions against hasty rate moves amid persistent inflation pressures and geopolitical risks.

ECB Expected to Raise Key Interest Rate Amid Spiking Eurozone Inflation
The ECB is expected to raise its key interest rate as Eurozone inflation accelerates amid energy and geopolitical pressures.


Sep 16, 2026 Preview: Key Economic Data Releases and Corporate Events
The day features investor days for Salesforce and On Semiconductor, alongside a slate of UK, Italian and euro‑area inflation and activity data, US retail sales, trade prices, housing indicators and a Federal Reserve policy decision, plus legal and banking‑sector events in France and Germany.

Swiss Economic Calendar: Data Releases and Corporate Events, Sept 14–21
A week of Swiss macro data, earnings and conferences including Repower, R&S, Aevis, Helvetia Baloise, UBS banking-law debate and the Investora conference.

Wall Street volatility driven by prospect of a new Federal Reserve rate-hiking cycle and AI safety fears
Market turbulence on Wall Street is linked to expectations of a fresh Federal Reserve rate‑hiking cycle and concerns over AI safety.

Federal Reserve Issues New Report on Silicon Valley Bank Collapse
The Fed has published a new regulatory report examining the circumstances behind the bank's failure, which could inform future banking oversight.
Brazilian Dollar Slides to R$5.1065, Lowest Since August
Spot exchange rate drops 0.91% as Brazil’s foreign reserves tighten and geopolitical tensions weigh on risk appetite.

Eurozone stocks rebound from lows as weak payrolls temper rate bets
European indices recovered from one-month lows amid mixed economic data, with producer prices surging and U.S. payrolls falling short of expectations.

Eurozone yields near record highs ahead of ECB rate decision
German Bunds and U.S. Treasuries both hit multi-year peaks as inflation data and Fed policy expectations shape market expectations.

Global central banks drive coordinated credit tightening amid inflation pressures
The Fed, ECB, Bank of England and Bank of Japan move in parallel as Middle East conflicts fuel energy-price inflation, with markets pricing nearly four more quarter-point hikes over the coming year.

US Federal Reserve raises benchmark interest rate by a quarter point to 3.75%-4.00%
The Federal Reserve increased its benchmark interest rate by 0.25 percentage point, setting the range at 3.75% to 4.00%.


Trump tariffs and Iran war pressure Fed toward first rate hike since 2023
Higher oil prices, new tariffs on Canada and ongoing Iran conflict have shifted market expectations to multiple Fed hikes, putting new chair Kevin Warsh’s credibility on the line.

European Central Bank raises interest rates in prior week's monetary policy decision
The European Central Bank announced an interest rate increase in its latest monetary policy decision.

Major European Central Banks Prepare for Policy Meetings Amid Diverging Rate Outlooks
European central banks are gearing up for upcoming policy meetings as inflation and interest rate expectations across the region continue to diverge.

UBS forecasts gold up to $5,400 by Sep 2027, sees near-term volatility
UBS projects gold reaching $5,400 per ounce by September 2027, citing the Fed's latest rate hike, elevated real yields and continued central‑bank buying as key drivers.

European equities slide to multi-week lows amid yield pressures and Fed hawkishness
German and French indices hit record lows as U.S. Treasury yields rise to multi-year highs, pressuring risk assets.

Fed Hawkish Policy, Strong Macro Data Spark Global Fixed-Income and FX Repricing
A Federal Reserve policy decision alongside August core CPI of 0.3% month-over-month and retail sales rising 1.2% month-over-month drove global fixed-income and foreign-exchange repricing.

Trump Urges Fed to Cut Rates to Lowest in World Ahead of FOMC Meeting
President Donald Trump escalated pressure on the Federal Reserve, calling for the lowest interest rates globally ahead of the September 15–16 FOMC decision, amid rising expectations of a 0.25 percentage-point hike.

Ahead of the upcoming Federal Reserve meeting, Trump states that the US should have the world's lowest interest rates.
Former President Donald Trump said the United States should aim for the world's lowest interest rates ahead of the Federal Reserve's upcoming meeting.

ECB faces expectations of rate hike amid fresh inflation fears from Iran war
The European Central Bank is expected to raise rates as fresh inflation concerns linked to the Iran war affect the Eurozone.


Trump Says US Should Have World's Lowest Interest Rate Ahead of Fed Meeting
The president stated his view that the United States should hold the lowest interest rate globally, just before a Federal Reserve policy meeting.

Goldman Reiterates $5,400 Gold Forecast for End of 2027 Despite Fed Hikes
Goldman Sachs trimmed its year-end fair-value estimate to $4,650 an ounce but maintained a $5,400 target for late 2027, citing central bank buying as the primary driver of projected gains.

BoE Rate Hold Signals GBP/EUR Outlook Amid ECB Tightening
UBS forecasts EUR/GBP to dip toward 0.84 by year-end 2026 as BoE’s mixed vote signals potential future hikes, while ECB’s rate hikes and UK’s yield premium shape carry trade dynamics.

Federal Reserve Rate Decision Under Warsh Accompanied by Oil Price Retreat and Wall Street Sentiment Boost
The Federal Reserve's rate decision under Chair Kevin Warsh, coupled with falling oil prices and improved Wall Street sentiment, has lifted a long-standing overhang on financial markets.

Eurozone yields drop as Fed hike eases duration pressures
German Bund yields fell for the first time in six weeks as post-Fed rate action calmed investor concerns over long-duration assets.

GBP/USD rises 0.11% to 1.3373 as UK retail sales beat expectations
Positive UK retail sales data and softer dollar pressures supported sterling’s gains ahead of central bank meetings.

Euro Zone Bond Yields Retreat From Weekly Spikes as Post-Fed Relief Takes Hold
German 10-year bund yields anchored near 3.49% after Tuesday's sell-off, while the Fed, BoE and BOJ delivered rates moves that steadied fixed-income desks across Europe.

FTSE 100 Falls as Hormuz Crisis Overwhelms Retail Sales Beat
UK stocks slipped as Strait of Hormuz tensions weighed on sentiment, with Brent crude slipping below $103 despite a better-than-expected August retail sales reading.

ECB Vice President Boris Vujcic cools oil-fueled bets on rate hikes
ECB Vice President Boris Vujcic said remarks that tempered oil‑driven expectations of further rate hikes.


Japan's Central Bank Raises Key Rate to 31-Year High
The Bank of Japan lifted its benchmark rate by 25 basis points to 1.25%, marking the highest level since 1995, in its second hike this year.

Bank of England holds rate at 3.75% as inflation stays above target
The Monetary Policy Committee voted 6-3 to keep the Bank Rate unchanged, citing persistent price pressures and a possible rise to 4.00% in November.

Bank of England Holds Interest Rate Steady at 3.75%
The Bank of England kept its benchmark interest rate unchanged at 3.75% on Thursday, matching economist expectations and leaving rates level for the rest of the year.

ECB and Fed rate hikes prompt global policymakers to reassess policy trajectories
ECB and Federal Reserve rate increases are leading policymakers worldwide to review their policy paths.

U.S. 10-Year Treasury Yield Retreats Below 5% After Fed Rate Hike
The 10-year yield fell past the 5% threshold to 4.96% as markets digested a 25-basis-point Federal Reserve rate increase to 3.75%-4%.

U.S. Federal Reserve raises rates, signals further tightening, boosts dollar
The Federal Reserve announced an interest rate increase and indicated possible additional tightening, contributing to a stronger U.S. dollar.

AI reshaping financial markets and supervision
Artificial intelligence is transforming financial operations and supervision, with Switzerland at the forefront of this technological shift.

Bank of England likely to keep rates at 3.75% and trim bond‑selling pace
The BoE is expected to hold its policy rate at 3.75% and reduce quantitative tightening to about £50bn a year, down from £70bn, amid rising inflation and a weakening labour market.

Federal Reserve raises rates and hints at more hikes
The U.S. Federal Reserve announced an interest rate increase and indicated the possibility of additional hikes.


U.S. Federal Reserve hiking interest rates again, sparking global tightening cycle concerns
The U.S. Federal Reserve has raised interest rates again, prompting concerns about a renewed global tightening cycle.

Swiss Economic Calendar: SNB Policy Readings, Corporate Earnings Key This Week
Switzerland's economic and corporate calendar features SNB assessments, major results, and strategy launches across banking, real estate and industrials.

Goldman Sachs forecasts Fed to raise rates in October
Goldman Sachs now expects the Federal Reserve to lift its benchmark rate by 25 basis points in October, reversing an earlier September outlook.

Federal Reserve Raises Interest Rates, Signals More Tightening Ahead
The US central bank moved rates higher and indicated additional tightening could follow as US prices accelerate.

Bessent Defends Bond Market Intervention Ahead of Congressional Testimony
The Treasury secretary addressed bond market intervention efforts and proposed $5,000 dividends for Americans if Republicans take control in November.

Bessent Defends Faltering Bond Market Intervention
Bessent publicly defended a bond market intervention that appears to be losing momentum.

US Stock Futures Eye Fed Decision as Yields and Oil Prices Rise
US equity futures and markets are focused on the upcoming Federal Reserve policy decision amid rising Treasury yields and climbing oil prices.

UK to auction £4.75bn in 4⅝% gilt 2032 next week
UK Debt Management Office to sell £4.75 billion in 4⅝% gilt 2032 on September 22, with settlement on September 23. Nominal amount outstanding to reach £10.0625bn post-auction.

BoE MPC Faces Energy Inflation Risk as September Rate Decision Looms
Market expectations lean toward a hold at 3.75%, but three members signal potential for a 25 bps hike amid Middle East tensions and rising energy costs.


ECB Seeks Merchant Participation in Digital Euro Pilot
A 12-month beta test of a non-legal-tender digital euro currency begins in 2027, with potential issuance planned for 2029.

Italy’s central bank orders sanctions screening for crypto transfers
Italy's central bank has directed crypto service providers to set up internal controls to screen transfers linked to sanctioned entities.

Fed Watchdog Urges Stricter Controls on Confidential Info Sharing With Regional Bank Directors
The Federal Reserve's inspector general found instances where regional bank board members may have received nonpublic FOMC information during meetings with presidents, prompting calls for tighter safeguards.

Fed September Rate Decision Approaches Amid Split Market Pricing
Markets show divided expectations as the US Federal Reserve prepares to announce its September 2026 rate decision alongside pending inflation data.

Euro bonds pressured as oil tops $100 before ECB decision
European bond yields stayed elevated as Brent crude crossed $100 and U.S. Treasury yields rose, with markets weighing inflation risks ahead of the ECB's rate decision.

Morgan Stanley turns hawkish, sees two Fed hikes and an ECB move
Morgan Stanley has shifted to a more hawkish stance, forecasting two upcoming Federal Reserve rate hikes and a move by the European Central Bank.

DAX slips 0.4% as oil, AI worries and weak bank shares pressure Frankfurt
German equities fell Tuesday as elevated oil prices, lingering AI concerns and downgrades weighed on banks and chemicals ahead of the Fed's decision.

SMI widens losses; UBS, Partners Group fall; Centiel gains
The Swiss benchmark fell 1.3% as UBS dropped 4%, Brent topped $107 and traders awaited the Fed decision; Centiel rose 7% on a plant acquisition.

Asian Currencies Slip as Yen Pulls Back Ahead of Fed, BOJ Decisions
Asian currencies declined while the yen retreated, with markets awaiting upcoming policy decisions from the Federal Reserve and the Bank of Japan.


NEF: Rising Oil and Gas Prices Are Germany's Top Inflation Risk
A Brussels think-tank study finds a 50% rise in oil and gas prices could add 1.8 points to European inflation and recommends separate ECB rates for green investment.

Gemini Receives Singapore MPI License for Crypto Services
Gemini Digital Payments Singapore has been granted a Major Payment Institution license by the Monetary Authority of Singapore, completing a process that began with an in-principle approval in October 2024.

SMI set lower as oil rises and AI-security fears pressure chip stocks
Swiss SMI is set to open 0.26% lower as Middle East tensions lift oil and AI-security concerns weigh on chip stocks, while the dollar gains against the franc.

US stocks set for mixed open as oil nears $100 and rate-hike odds rise
Dow seen 0.8% lower at 53,013 and Nasdaq 100 0.1% higher at 29,568, while Brent tops $98 and ECB and US rate-hike expectations weigh on sentiment.

Federal Reserve expected to raise rates under Chairman Kevin Warsh as oil tops $100 a barrel
Market observers note expectations of a Fed rate increase under Chairman Kevin Warsh amid persistent inflation and oil prices above $100 a barrel.

Fed set for two‑day policy rate decision as markets anticipate hike after inflation data and Warsh speech
The Federal Reserve will hold a two‑day policy rate meeting, with markets expecting a rate increase following hot inflation reports and Chairman Kevin Warsh’s Jackson Hole remarks.

UBS: Central Banks Should Focus on Market Inflation Expectations
Chief Economist Paul Donovan argues that central banks should prioritize financial market inflation expectations over consumer and corporate surveys when setting policy.

Fed Rate-Hike Odds Rise to 59% Ahead of August CPI
August CPI data due Friday could decide whether the Fed hikes on Sept. 16, after strong jobs data lifted 25bp move odds to 59% from about 50%.

Fed rate decision focus on inflation after employment reports
The Federal Reserve's upcoming rate decision is expected to be guided by inflation data following recent employment reports.


Dow falls 1% as oil nears $100; Nasdaq gains on AI chip strength
US stocks were mixed after the extended weekend, with the Dow and S&P 500 lower on rising oil prices and rate concerns, while AI chip stocks supported the Nasdaq 100.

US Treasury Yields Dip Before Key Inflation Data and FOMC Meeting
US Treasury yields fell slightly as investors position ahead of August consumer inflation data releases and an upcoming Federal Open Market Committee meeting.

Trump Says U.S. Should Have World's Lowest Interest Rate Ahead of Fed Meeting
The U.S. president made the comments days before the Federal Reserve convenes its latest policy meeting.

HSBC says risk assets shrug off negative catalysts as market strength remains 'breathtaking'
HSBC strategist Max Kettner attributes continued equity and bond rally to earnings resilience, wealth effects and ample central‑bank support, while warning that U.S. risks could end the run.

European stocks little changed ahead of ECB and US inflation data
EuroStoxx 50 rose 0.17% to 6,403.99 as investors awaited Thursday's ECB decision and Friday's US inflation print, while oil shares gained on Gulf tensions.
US stocks fall as oil nears $100; Novartis posts steep loss
US indices slipped on higher oil prices and rate-hike concerns, while Novartis fell 9.8% after another trial disappointment and the SMI stayed near its low.

US stocks slip as Brent nears $100 and ECB move looms
Dow fell 1.2% and S&P 500 dropped 0.4% as Brent topped $98; chip and pharma stocks moved on deals and trial setbacks.

Ukrainian central bank sees inflation near 10% in 2026 on Russian attacks
The Ukrainian central bank expects attacks and the Black Sea blockade to add 0.4-0.6 percentage points to this year's inflation and leave it around 10% by end-2026.

Bladex raises MXN 5 billion in Mexican debt market placement
Bladex completed a MXN 5.0 billion three-year floating-rate note placement in Mexico, with orders of MXN 7.779 billion and 1.56 times oversubscription.


USD/JPY falls below 153 as yen short squeeze meets Middle East escalation
The analysis says the dollar fell from above 160 yen to below 153, a seven-month low, as Middle East hostilities lifted oil and risk-off pressure hit equities.

White House pressures Fed on rate decisions amid Wall Street hike expectations
The White House is applying pressure on the Federal Reserve as Wall Street prices in expectations for interest rate hikes.

Fed rate hike is about Wall Street, not inflation, says economist
An economist says the Federal Reserve's upcoming rate increase is motivated by Wall Street concerns rather than inflation.

Citi expects BOJ rate hike to 1.25%; political votes and Fed key to yen
Citi Research expects the BOJ to lift its policy rate to 1.25%, while USD/JPY near 154.52 and the Fed's next decision could determine near-term yen direction.

Citi Sees BOJ Raising Policy Rate to 1.25%, Cites Political Alignments and Fed Path
Citi Research projects the Bank of Japan will lift its key rate to 1.25%, with the Federal Reserve’s stance and appointments by Prime Minister Sanae Takaichi shaping the path forward.

European stocks flat; Novartis plunge weighs on Switzerland's SMI
Markets held steady as high energy prices and inflation fears kept investors cautious, while a failed drug trial sent Novartis shares tumbling nearly 9%, dragging the Swiss SMI down more than 1%.

Uzbekistan launches som-pegged stablecoin payment pilot backed by government bonds
Uzbekistan’s NAPP registered Humo Digital to test HUMO, a som-pegged stablecoin backed by government securities, with more than 20 merchants and bank infrastructure over a 12-month trial.

Marktvolatilität vorerst gebremst, aber Risiken für September und Oktober steigen
Finanzmärkte zeigen nach ruhigem August Anzeichen von Spannungen durch Zinsentscheidungen, US-Wahlen und geopolitische Faktoren.

Swiss favor capital-and-annuity blend for retirement, study finds
A sixth survey by Lucerne University shows half of respondents prefer mixing lump-sum payouts and annuities, while only 60% income replacement falls short of what most deem adequate.


EUR/USD holds near 1.1627 ahead of ECB rate decision
EUR/USD traded around 1.1627 after US payrolls beat forecasts; markets price a 25‑basis‑point ECB hike to 2.50% on Sep 10, with guidance likely to set the euro’s next move.

Yen Rally Seen Risky as USD/JPY Tests 152.0 Support
ING analysis says yen strength is driven by thin liquidity, BoJ and GPIF bets, with USD/JPY support at 152.0 and downside to 150.0 if broken.

Bank of Canada holds key rate at 2.25% as tariffs and oil prices cloud outlook
The central bank kept its overnight rate at 2.25% and warned that new U.S. tariffs and volatile oil prices increase inflation risks despite a strong Q2 rebound.

Yen Speculators Turn Net Long for First Time Since February
CFTC data show non-commercial yen futures positions swung to 10,796 net long contracts, reversing a 92,227-contract net short stance as the yen strengthened.

UK Budget Faces Oil Shock, Gilt Sell-Off and Trump Policy Headwinds
Healey’s October budget may be constrained by higher borrowing costs, an oil-price spike and fiscal headroom that could shrink if the OBR uses current market conditions.

Indian rupee and bond markets navigate RBI dollar-selling intervention and liquidity actions
The Indian rupee and bond markets are responding to the Reserve Bank of India's dollar-selling intervention and associated liquidity measures.

ECB Widely Expected to Raise Interest Rates Ahead of Thursday Decision
Markets broadly anticipate the European Central Bank will implement another interest rate hike at its upcoming policy meeting.

UBS forecasts two US Federal Reserve rate hikes in 2026 following a strong jobs report
UBS forecasts two US Federal Reserve rate hikes in 2026 after a strong jobs report.

European stocks little changed ahead of ECB decision and US inflation data
European equities were little moved Monday as investors awaited the ECB decision and US inflation data; oil shares rose on Gulf tensions while the SMI fell on Novartis and Swiss Re.


UBS expects Fed to lift rates twice by end-2026
UBS analysts expect quarter-point Fed hikes in September and December 2026, but say the forecast is not high conviction and depends on CPI and labor data.

SNB Foreign-Currency Reserves Rise to CHF 770.1 Billion in August as Growth Slows
The Swiss National Bank reported that its foreign-currency reserves increased to CHF 770.1 billion in August, up CHF 1.9 billion from July, marking the third straight monthly gain but showing a slowdown after a larger summer surge. Gold holdings also rose sharply, while official reserve assets excluding gold edged higher.

European Central Bank (ECB) is set to hike interest rates on Thursday
The European Central Bank plans to raise interest rates on Thursday, according to the latest information.

ECB Highlights Diversity Progress Since 2010
Dublin-based ECB outlines gender and broader inclusion milestones, research on promotion gaps, and institutional frameworks to align with Lagarde’s 2020 mandate.

Fed's Warsh says inflation is top focus, lifting September hike odds
Warsh told Jackson Hole that prices remain too high and the Fed may need to tighten if underlying inflation does not clearly move toward 2%.

Why the Dollar’s Stagnation Signals a Turning Point for USD/JPY
The dollar’s pause amid rising food‑energy inflation and a shrinking yield gap with Japan could reshape risk sentiment ahead of the US jobs report.

Lagarde defends ECB rate hike as euro area inflation hits 3.3%
The ECB president said the rate increase is needed to contain inflation, which is 3.3% in the euro area, citing a longer-lasting energy shock and warning about AI valuations.

EUR/USD poised for range break as ECB decision and US inflation data loom
The pair trades in a tight band ahead of Thursday’s ECB rate announcement and Friday’s US CPI and PPI releases, with technical levels and rate‑path expectations shaping market outlook.

Pound climbs to $1.3545 as soft dollar offsets UK gilt concerns
GBP/USD rose 0.15% to 1.3545 while US yields slipped and markets price a 50% chance of a September Fed hike; BoE tightening remains priced in.


India's forex reserves climb to $740.8bn, driven by inflows
The Reserve Bank of India reported record foreign exchange reserves of $740.80 billion for the week ending Aug 28, up from $729.33 billion a week earlier, as inflows from hedging programs surged.

Japanese yen rebounds 3% as market eyes possible BoJ hikes
The yen rose about 3% against the dollar to around 156 per USD, while money markets price a better‑than‑50% chance of two 25‑bp BoJ rate hikes by year‑end.

Sterling rises as soft dollar outweighs UK gilt concerns
The pound climbed to $1.3545 after dovish Fed Governor comments, while euro gains were modest and UK gilt jitters lingered.

Japanese yen rises 3% in two days, but rebound may be short‑lived
The yen gained about 3% against the dollar, closing at 156.25, while markets price over a 50% chance of two 25‑bp BoJ hikes this year; analysts cite limited intervention and a longer‑term outlook.

Bitcoin closes above $80,000 as US inflation data and rate‑hike odds rise
Bitcoin posted its first weekly close above $80,000 since May while markets price a 0.25% Fed hike and Japanese yen interventions add further volatility.

Philippines central bank proposes 12‑month freeze on payment operator licences
Bangko Sentral ng Pilipinas will halt new payment‑system operator registrations for a year and impose tighter controls on virtual‑asset service providers.

Gold's structural bid persists despite near‑term rates headwind
Investing.com analysis says sovereign and institutional demand keeps a $4,000/oz support level alive even as strong US payrolls lift yields and the dollar.

De-dollarization: Assessing the US Dollar’s Continuing Dominance
Analysis finds the dollar still leads in FX volumes, trade invoicing and reserve holdings, while central banks diversify and China expands yuan usage.

Key data and earnings to watch this week: US CPI, ECB rate hike, Oracle and Adobe results
US consumer price index is forecast at 3.4% YoY, the ECB is expected to lift rates by a quarter point, while Oracle and Adobe are set to report earnings and strategic financing plans.


Europe's sovereign yields diverge as France and Germany face higher deficits
Ten‑year bond yields in France and Germany are nearing 2007 highs, while Spain and Italy remain below 2023 peaks, reflecting differing fiscal outlooks across the euro area.

Why the BoC’s Inflation Warning Could Signal a Longer‑Term Looney Upswing
The Bank of Canada’s recent inflation caution may be more than a headline – it hints at tighter policy ahead, while U.S. rate moves and commodity trends set the stage for a measured CAD rally.

Why the Canadian Dollar’s One‑Week High Signals More Than a Temporary Bounce
The loonie’s modest rise on BoC’s inflation warning reflects a deeper policy divergence and commodity backdrop that could reshape its medium‑term trajectory.

Canada 10-year yield falls as global bonds rebound
Canadian government bond yields eased after a broad recovery in global debt markets, with the 10-year yield slipping below 3.8% amid shifting rate expectations.

Swiss franc strengthens after higher-than-expected Swiss inflation data
The Swiss franc surged after August inflation rose to a two-year high, while the euro and dollar weakened. Analysts see potential SNB tightening in December, though energy-driven price gains may limit immediate action.

ECB's Schnabel in talks to take IMF role, may leave early
European Central Bank board member Isabel Schnabel is negotiating to head the IMF's Monetary and Capital Markets Department, potentially departing before her term ends. A departure would trigger a reshuffle of the ECB's leadership.

Dollar pares losses to close above R$5.10 as central bank steps in
Brazilian real strengthens on U.S. yield drop and local political polls, but central bank sells 50,000 swap contracts to cap depreciation. October futures rise 0.29% to R$5.14.

Turkey’s central bank adds 16 tons of gold to reserves after swap maturity
Gold reserves rose to 791.4 tons following the final U.S. dollar-gold swap in a series initiated during the Iran war. The central bank did not disclose terms.

Turkish central bank adds 16 tonnes of gold to reserves after swap expiry
The Central Bank of Turkey increased its international gold reserves by 16 tonnes to 791.4 tonnes following the maturity of a dollar-for-gold swap. The transaction was valued at approximately $1.8 billion.


Citi bets on U.S. dollar decline vs Canadian dollar
The U.S. bank initiated a short position at 1.3854, targeting 1.35, as divergent central bank policies and disinflation trends favor the loonie. Upcoming Canadian investment summit adds potential catalyst.

Poland’s central bank seen holding rates through 2026
Monetary Policy Council member signals benchmark rate of 3.75% will remain unchanged at least through year-end, with no cuts expected in 2025. Inflation rose to 3.4% in August.

Malaysia holds benchmark rate at 2.75% as growth remains strong
Central bank cites resilient economy and stable inflation as reasons for maintaining policy rate unchanged. Survey of 31 economists showed broad consensus on decision.

Global bond rout pauses as European, Aussie yields retreat from peaks
German and Australian 10-year yields fall from multi-year highs after a week of aggressive selling, while U.S. labor data tempers rate-hike bets ahead of ECB meeting.

Global bond sell-off pauses as European, Australian yields retreat
European and Australian government bond yields fell on Thursday, halting a global sell-off amid mixed U.S. labor data and ahead of key economic reports.

European and Aussie bond yields retreat from multi-year highs
Germany and France saw two- and 10-year yields ease after seven-session climb; Australia’s 10-year yield slips from 15-year peak. U.S. private payrolls miss forecasts.

Rising Rates Are Turning CFD Financing Into a Hidden Tax on Retail Traders
Central‑bank rate hikes are inflating overnight CFD financing costs, eroding returns for retail investors and prompting a rethink of long‑term positions.

ECB’s Vujčić highlights role of household expectations in monetary policy
Vice-President cites ECB’s Consumer Expectations Survey as critical tool for tracking inflation perceptions, spending plans and policy transmission amid geopolitical uncertainty.

Warsh signals subtle shift in Fed guidance at Jackson Hole
Federal Reserve Chair Kevin Warsh outlines a more measured approach to policy communication while emphasizing inflation progress. Markets parse signals ahead of September decision.


Bank of Canada poised to hold rates as growth, trade risks collide
Strong second-quarter expansion and 3% inflation pressure the central bank to maintain its 2.25% policy rate, despite escalating U.S. tariffs and retaliatory measures.

Brazil's central bank weighs measures to curb rising household debt
Authorities examine limits on credit card and unsecured loan exposure before imposing a debt-to-income ceiling amid record household debt-service commitments.

Swiss Federal Council appoints Christoph Ammann as SNB Bank Council President
Ammann will succeed Barbara Janom Steiner in May 2027; Marc Mächler named Vice President. Appointments follow statutory term limits.

Citrini Research forecasts bond rally as U.S. shifts debt strategy
Firm sees 30-year Treasuries outperforming amid coordinated Treasury-Fed policy to reduce long-dated supply. Recommendation targets narrowing yield gap by November.

Brazil weighs lending curbs as household debt ratio hits record 26.6%
Central bank considers lender-side restrictions to curb rising consumer leverage after household debt service-to-income ratio climbs to highest level in June. IMF urges stricter rules.

Swiss banks face CHF 12-24 bln mortgage funding gap under Basel III
New Basel III rules could leave a CHF 12-24 billion annual financing shortfall for Swiss real estate and development projects, while owner-occupied housing benefits from lower capital requirements.

Dutch central bank moves gold from U.S., Canada to London for liquidity
The Netherlands' central bank shifted 86 tonnes of gold reserves to London in the past six months to enhance tradability and crisis preparedness. No change in total holdings reported.

China denies deliberate pursuit of trade surplus
The country’s central bank governor stated that China does not aim to maintain a trade surplus.

Brazil central bank to tighten household credit risk rules
Measures target high-cost loans as household debt risks rise; central bank cites need for sustainable credit provision and capital accumulation.


Liz Truss warns UK bond rout may force spending cuts
Former UK Prime Minister Liz Truss cautions that a bond market selloff could lead to emergency fiscal adjustments.

ECB September rate hike odds rise after July minutes, ING says
ING cites stronger-than-expected eurozone data and July meeting minutes as evidence mounting for a September rate increase by the European Central Bank.

Canadian bond yields steady as global rates swing
Canada's government debt yields held firm while U.S. Treasuries gyrated on auctions and inflation data. No domestic catalysts drove movement.

Brazil central bank sells $2 bln in spot and swap auctions
Central Bank of Brazil conducts simultaneous $1 billion spot sale and $1 billion reverse currency swap auction to provide dollar liquidity.

Brazilian real steady as central bank sells $2 bln in FX auctions
Spot dollar rises 0.10% to R$5.1582 amid central bank interventions ahead of Thursday auctions. Dual operations total $2 billion, offsetting liquidity impact.

Swiss stocks slip as oil surges, geopolitical risks weigh on markets
The SMI fell 0.1% to 14,323 as Brent crude topped $95 a barrel amid U.S.-Iran tensions. Tech shares led gainers, while Amrize and Partners Group lagged.

Global bond selloff deepens as yields hit multi-decade highs
Rising inflation bets, soaring debt loads and central bank hawkishness have driven global bond yields to levels not seen in decades, with Japan's 10-year yield at 3% for the first time since 1996.

RBNZ’s Cautious Tone Signals a Longer‑Term Test for the Kiwi
A 25‑basis‑point hike to 2.75% couldn’t stop the NZD’s 1% slide – the RBNZ’s softer outlook may reshape the kiwi’s path amid a strong dollar and rising oil.

White House restricts large-scale foreign electrical equipment imports
Order targets equipment above 69kV, barring imports from entities linked to covered foreign jurisdictions. Citi sees moderate upside for Siemens Energy.


UBS warns Swiss bank capital rules could add $13 bln in costs
Swiss bank regulator proposals would increase Tier-1 capital requirements by $13 billion, on top of existing burdens, UBS says. Industry and authorities criticize the plan as excessive and impractical.

UBS warns Swiss AT1 capital demands could rise $13 bln under WAK-S proposal
Bank estimates 13 billion USD in additional Tier-1 capital if WAK-S commission’s draft rules are enacted, atop 30 billion USD already required post-Credit Suisse takeover.

Israel’s central bank cuts rates for third time as global tightening trend persists
The Bank of Israel reduced its benchmark rate by 25 basis points to 3.25%, the lowest since 2022, citing easing inflation and a strong shekel. Analysts had expected no change.

Brazil Q2 GDP growth beats forecasts as consumption weakens
Second-quarter expansion of 0.5% exceeds expectations, but household consumption falls 0.4% as policymakers eye gradual Selic cuts.

Brazil Q2 GDP growth beats forecasts, but outlook trimmed on credit risks
Second-quarter expansion of 0.5% exceeded expectations, but economists downgrade growth projections for H2 2026 and 2027 citing tight credit conditions and policy uncertainty ahead of October elections.

Jackson Hole Looms, Won Rises: Why the Dollar’s Calm May Be Anything but
The dollar’s steady march ahead of Fed Chair Warsh’s Jackson Hole speech masks a brewing divergence with Asia, as Korea’s rate hike lifts the won and reshapes risk‑on dynamics.

BIS chief says stablecoins lack credibility as mass-payment tool
Bank for International Settlements' Pablo Hernandez de Cos argues tokenized deposits are a more viable path for blockchain-based payments than stablecoins, citing risks to monetary sovereignty and banking stability.

Australia's persistent inflation raises odds of November rate hike
Trimmed mean CPI rose 0.5% in July, exceeding forecasts and pushing the annualized three-month measure to a record 4.7%. Markets price in a 40% chance of a hike next month.

Indonesia's Destry Damayanti backs growth policies if named central bank chief
Destry Damayanti, interim central bank governor and sole nominee for the top post, told lawmakers she would prioritise policies supporting economic expansion and rupiah stability if confirmed.


ECB seen poised for September rate hike amid persistent inflation pressures
Eurozone central bankers may raise benchmark rate to 2.5% next month to curb inflation near 3%, while markets expect one or two additional hikes. Robust growth outlook limits further tightening.
Brazil’s Focus survey shows lower inflation, growth forecasts for 2026
Weekly central bank survey of economists cuts 2026 GDP and inflation expectations as Selic rate cut expectations firm for September. USD/BRL outlook remains steady.

Central bankers at Jackson Hole weigh AI risks to monetary policy
AI-driven market manipulation and opaque policy responses were key themes as global policymakers grappled with the financial dominance of autonomous agents.

TSX futures rise ahead of Bank of Canada rate decision
Canadian benchmark index futures climb 0.2% as traders await Wednesday’s policy announcement amid steady inflation and geopolitical oil-price risks.

BOJ's Ueda skips Jackson Hole; Tamura to attend Fed gathering
Japan's central bank governor will miss the annual Fed symposium as focus shifts to the U.S. Treasury Secretary's remarks and next week's G20 finance talks in North Carolina.

Barclays expects two more Fed rate hikes this year
Barclays projects two additional Federal Reserve rate increases in 2024 following a speech by Fed Governor Christopher J. Warsh.

U.S. judge rebukes postal service over mail-voting rule but declines to block it
Federal judge in Boston finds USPS violated court order with new mail-in voting requirements, but defers immediate suspension as agency says it cannot implement the changes while her injunction stands.

BOJ seen accelerating tightening with 1.25% rate hike in September: poll
A Reuters survey of economists shows 57% expect the Bank of Japan to raise its key rate next month to 1.25%, up from 1% in June, as yen pressure and inflation concerns mount.

Brazil DI rates end little changed after IPCA-15, U.S. data
Brazilian interest rate swaps for 2028 and 2035 ended flat to slightly lower as inflation data and U.S. yields offset modestly. IPCA-15 surprised to the downside while core services firmed.


Mexico's central bank lifts 2026 growth forecast, extends inflation target timeline
Banxico raises its 2026 GDP growth outlook to 1.5% from 1.1% while pushing back the timeline for headline inflation to hit its 3% target to Q4 2027. Core inflation forecast for Q4 2026 adjusted to 3.5%.

U.A.E. to Review Banque Misr Over Iran Sanctions Allegations
The U.A.E. central bank will examine Banque Misr’s branches following U.S. Treasury accusations of Iran-related activities.

Bank of Korea lifts rates by 25 bps to 3.0% in second straight hike
South Korea’s central bank raised its key rate to the highest since early 2025 as demand-driven inflation persisted. Only one more 25 bps increase is expected by 2027.

Brazil raises floating-rate debt share forecast to record high
Treasury revises annual financing plan, lifting floating-rate debt projection to 49%-53% of total as borrowing costs remain elevated. Gross debt reaches 81.9% of GDP.

Brazil's IPCA-15 inflation slows further but services pressure keeps Copom cautious
August's IPCA-15 fell 0.40% on the month, exceeding expectations, while core services inflation accelerated. Policy makers face a delicate balance ahead of the September 16 meeting.

Four regional Fed boards pushed for July rate hike, minutes show
Dallas, Cleveland, Minneapolis and Kansas City Fed directors voted to raise the primary credit rate by 25 basis points ahead of the July FOMC meeting, but were overruled in the central bank's 9-3 decision.

Gold pullback seen as correction, not reversal, analysis says
Technical pullback tests $4,600 support after August rally; analysis flags $4,570–4,610 as key correction zone ahead of U.S. inflation data.

Brazil posts $2.55 bln negative FX flow in August to Aug 21
Total foreign exchange outflows reached $5.95 bln, while commercial channel surplus hit $3.40 bln over the same period.

AI Upside and Downgrades: Why the Euro Faces a Fork in the Road
European AI moves—from Einride’s fleet platform to analyst downgrades of SAP—create a split narrative for the euro, balancing productivity hopes against near‑term risk sentiment.


UAE probes Banque Misr UAE after U.S. blocks dollar clearing over Iran ties
Central Bank of UAE launches urgent review of Egypt’s state-owned lender’s Emirati operations following U.S. action citing alleged Iranian financial channel links. Investigation covers transactions over the past two years.

Mexico posts $8.93 bln current account surplus in Q2, central bank says
Second-quarter surplus contrasts sharply with a revised $18.23 bln deficit in Q1, driven by trade and remittance flows. Central bank data released Tuesday.

Mexico reports $8.93 billion current account surplus in Q2
Surplus reverses Q1 deficit as inflows strengthen; surplus equals 1.65% of GDP, central bank data shows.

Brazil’s central bank to auction $1 bln spot FX and reverse swap on Thursday
The Banco Central will conduct two simultaneous auctions totaling up to $2 billion, aiming to tighten dollar liquidity and stabilize the exchange rate.

SNB official urges expansion of countercyclical capital buffer for banks
Antoine Martin, SNB vice president, highlights the need for higher capital reserves to bolster financial stability amid debates over tighter bank oversight in Switzerland.

Hungary reaffirms 2030 euro adoption target despite higher deficit
Finance Minister András Kármán says Hungary remains committed to joining the eurozone by 2030 despite the government projecting a 7.5% budget deficit for 2026, up from earlier forecasts.

Brazil real steady as dollar pares gains in thin trade
Dollar edges 0.14% higher to R$5.1604 versus real at 09:10 AM São Paulo time, with B3 futures little changed at R$5.1650. Central Bank swap auction due at 11:30 AM.

Hungary’s central bank cuts key rate to 5.5% in third consecutive move
The National Bank of Hungary lowered its benchmark interest rate by 25 basis points, citing a decade-low inflation reading of 1.2% in July. Governor Mihaly Varga signaled scope for further quarter-point reductions.

Hungary’s central bank cuts key rate to 5.5% in third straight move
National Bank of Hungary reduces benchmark rate by 25 bps amid slowing inflation and currency appreciation. Governor Mihaly Varga to hold briefing on policy outlook.


India to pilot tokenized bonds with wholesale CBDC
A September pilot will test tokenized corporate bonds issued by REC, with payments via wholesale CBDC.

Australia’s Investment Slump Signals a Softening AUD – Why the Greenback May Gain Ground
A 3.6% drop in Q2 business investment and a 53% plunge in IT equipment spending raise questions about the AUD’s near‑term outlook and could tilt risk‑on sentiment toward the dollar.

Global yields steady as U.S. Treasury liquidity plan eases debt supply
Benchmark borrowing costs retreated after Washington's plan to use $940 billion in cash reserves to fund bond buybacks eased oversupply concerns. Brent crude fell as sanctions on Tehran underwhelmed.

Global bond yields ease as sanctions threat fizzles and Treasury cash plan gains traction
U.S. and European sovereign yields retreated as a widely anticipated sanctions package against Tehran failed to materialize, while a potential Treasury cash drawdown to fund bond buybacks eased supply concerns.

ECB’s Schnabel urges blockchain adoption to preserve monetary policy role
ECB board member Isabel Schnabel argues at Jackson Hole that tokenized central bank money could enhance policy flexibility and counter private digital currencies. Two ECB projects, Pontes and Appia, are cited as steps toward integration.

BoE’s Bailey says second-round inflation effects remain subdued
Bank of England Governor Andrew Bailey signals limited domestic inflation pressure despite energy market volatility. Markets price one rate hike by year-end.

ECB's Schnabel urges central banks to adopt blockchain for tokenized finance
Isabel Schnabel argues central bank money must underpin tokenized finance to ensure stability, reduce fragmentation in euro area markets and modernize monetary policy.

Warsh opens keynote at Jackson Hole symposium amid policy debate
Federal Reserve Chair Kevin Warsh signals Fed’s evolving stance on financial innovation and payments policy as core inflation remains above target. Regional Fed presidents dissent on interest-rate stance.

Rate-hike expectations rise on Warsh speech at Jackson Hole
Comments from a Federal Reserve official at the Jackson Hole symposium have shifted market expectations regarding future interest rate moves.


Treasury bond buyback plan draws billionaire critique
Stanley Druckenmiller warns the U.S. Treasury’s bond buyback initiative undermines market discipline and fiscal oversight.

Brazilian DI rates hold steady as IPCA-15 inflation cools but services accelerate
Short-term DI contracts remain flat near prior session levels, while long-end rates ease modestly. Inflation data shows mixed signals with services inflation still running hot despite headline IPCA-15 easing.

Factors that could prompt a Federal Reserve rate hike
The Federal Reserve has not signaled an imminent change, but several economic conditions could lead to a rate hike.

Brazil inflation falls to 4.24% in early August, within target band
Consumer prices declined 0.4% month-on-month, undershooting forecasts as the central bank's fourth straight Selic cut takes effect ahead of September policy meeting.

RBA says reserves exceed demand as it shifts to ample liquidity system
Australia’s central bank transitions to a new liquidity framework while noting reserves remain above system needs. Head of Domestic Markets cites uncertainty over timing to reach ample levels.

Why the Dollar’s Upcoming PCE Test Could Unsettle the Yield Curve—and What It Means for Euro‑Dollar
As core PCE looms, a retreat in long‑dated yields signals a fragile dollar rally; I argue the data will reshape expectations for Fed policy and the EUR/USD trajectory.

Erste Bank warns of widening corporate credit spreads amid ECB rate hike bets
Austrian lender Erste Group flags rising pressure on corporate credit spreads as energy costs and ECB rate expectations drive bond market volatility. Volkswagen’s stock slump highlights sector strain.

South Korea raises interest rates to 3.00% in back-to-back hike
The Bank of Korea increased its benchmark rate by 25 basis points as inflation remains above target. The move follows a prior hike and aligns with expectations from most economists surveyed.

BOJ’s Himino signals ‘timely’ rate hike amid inflation pressures
Deputy Governor Ryozo Himino warns of upside inflation risks and calls for gradual but prompt policy tightening, with September seen as a potential meeting for action.


South Korea hikes rates to 3.00% as inflation pressures persist
Bank of Korea raises benchmark rate for second straight meeting, projects gradual tightening into 2027 amid price stability concerns. Treasury bond futures gain 0.2 points.

Brazil's IPCA-15 inflation drops 0.40% in August, 12-month rate falls to 4.24%
The consumer price index IPCA-15 declined for the first time since August 2025, while the 12-month reading eased below the central bank's target ceiling. Food, housing and transport costs drove the monthly decrease.

Investors await Fed's Warsh to clarify Jackson Hole policy stance
New Fed Chair Kevin Warsh's debut speech at the Kansas City Fed's annual symposium faces scrutiny as markets seek clarity on his inflation and rate guidance approach.

Taurus integrates banks with Swift’s blockchain-based tokenized deposit ledger
Taurus links its tokenization and custody tools to Swift’s shared blockchain ledger, enabling member banks to issue and settle tokenized deposits without building new infrastructure. First transactions expected within weeks.

Gold sentiment improves on softer U.S. rate outlook, ETP inflows
Weaker U.S. jobs data and softer GDP growth ease rate-hike fears, while central-bank demand rebounds. Dollar weakness and geopolitical risks add support.

ECB signals September rate hike after July pause, cites inflation risks
Accounts from the July 22-23 meeting show policymakers prepared for a 25-basis-point increase in September, while corporate lending growth accelerated to 4.4% in July.

Brazil’s current account deficit widens to $8.11 bln in July
Current account shortfall exceeds forecasts as foreign direct investment falls below expectations. 12-month deficit holds at 2.49% of GDP.

Fed’s Hammack says time may be right for rate hike amid inflation concerns
Cleveland Fed President Beth Hammack signals support for a rate increase, citing persistent inflation above target. Next policy meeting remains weeks away.

Citrini Research forecasts bond rally as U.S. fiscal, Fed policies align
Research firm anticipates a narrowing yield spread between 5-year and 30-year Treasuries by November as Treasury and Fed coordinate debt strategy. Policy shift could drive long-dated bond outperformance.


UK proposes Bank of England mandate to support stablecoin innovation
HM Treasury plans to add a secondary objective for the BoE to foster digital payment innovation, including stablecoins, while maintaining financial stability as its primary goal. The proposal will be debated in Parliament next month.

Eurozone bank credit growth accelerates in July after ECB rate hike
Lending to companies and households in the euro area rose to 4.4% and 3.1% respectively, the fastest pace since early 2023. The increase followed the ECB's first rate increase in nearly three years.

Euro zone bank lending growth accelerates in July after ECB rate hike
Corporate loan growth rose to 4.4% annually while household lending increased to 3.1%, data from the European Central Bank showed. The pickup followed the ECB's first rate increase in nearly three years.

SNB insists on stricter capital rules for UBS despite parliamentary pushback
Swiss National Bank vice chair rejects compromise proposal to ease CET1 capital requirements for UBS, citing financial stability risks. Parliamentary committee expected to rule next week.

UK proposes new Bank of England objective for stablecoins
The Bank of England would maintain financial stability as its core duty while adding a formal objective for stablecoins.

Asian stocks mixed as Nvidia rallies tech, rate hikes weigh
Tech shares led gains after Nvidia's blockbuster earnings, but regional markets were capped by rising rate expectations and central bank tightening. South Korea and Thailand outperformed while Australia lagged.

Why the Euro’s Three‑Month High May Be a Mirage Amid Dollar Weakness
The euro’s climb to 1.1682 looks impressive, but I argue it rests on a temporary US dollar wobble rather than a durable shift in monetary fundamentals.

ECB outlines digital euro privacy safeguards amid concerns
The European Central Bank asserts the digital euro will prioritize user privacy, though critics question the feasibility of such protections.

Colombia’s central bank sees inflation near 3% target by mid-2028
Projections indicate inflation will ease to 4.3% by end-2027, still above the 3% target, as domestic demand outpaces supply. Fiscal rule compliance remains suspended through 2027.


ECB’s Cipollone urges integrated European tokenised finance market
ECB executive outlines progress on digital-asset ecosystem, warns fragmentation risks could undermine euro’s global role.

Trump explores Fed reshuffle as Cook case stalls policy influence
White House seeks alternatives to replace Fed Governor Lisa Cook as legal and political hurdles stall removal efforts. Regional bank vacancies and vice chair decisions add to the reshuffle calculus.

Thailand holds benchmark rate at 1.00% as growth weakens
Bank of Thailand keeps policy rate unchanged amid second-quarter GDP contraction and slowing annual expansion. Decision aligns with 30 of 32 economist forecasts.

Thailand central bank leaves benchmark rate at 1.00% as growth weakens
Bank of Thailand holds key rate unchanged amid 0.2% quarterly GDP contraction and annual growth slowdown to 1.9%. Decision aligns with 30 of 32 economist forecasts.

Gold holds $4,649 support ahead of Jackson Hole; Iran tensions weigh
Technical levels in focus as central bank buying and geopolitical risks shape gold's near-term direction. Jackson Hole symposium reportedly looms as a key catalyst.

European stocks rise as oil falls despite ECB rate hike warnings
European equities edged higher on Wednesday as Brent crude slumped 2.6% after reports of a potential U.S.-Iran ceasefire deal. ECB board member Schnabel reiterated the need for further tightening.

ECB's Cipollone sees no eurozone stagflation despite Hormuz tensions
European Central Bank director Piero Cipollone says the eurozone economy remains resilient despite Iran-U.S. tensions disrupting a key oil transit route. Inflation projections align with ECB forecasts through 2028.

German finance minister ties bond yield surge to Iran conflict
Lars Klingbeil links Germany’s 30-year bond yield rise to geopolitical uncertainty from U.S.-Iran tensions. The yield hit 3.79%, the highest since 2011.

Moody’s affirms Philippines Baa2 rating on fiscal consolidation progress
Ratings agency maintains investment-grade rating with stable outlook as Manila narrows deficit and stabilizes debt burden despite near-term pressures.


Brazil’s central bank weighs steps to curb household debt surge
Central bank chief Gabriel Galipolo flags rising non-mortgage debt and delinquencies as policymakers consider macroprudential tools. Measures under review aim to balance credit access with borrower discipline.

Jackson Hole preview: Rate hike bets to test gold, dollar and yields
Assets from gold to Treasuries are set to react as markets brace for Fed Chair Kevin Warsh’s speech and a key inflation report. Citi warns gold’s recent surge may be vulnerable to a hawkish surprise.

RBI buys $561 million in forex market in June amid rupee stabilization
Central bank purchases $30.89 billion and sells $30.33 billion in June, reversing prior months' net sales as inflows reach $73 billion. Rupee steadies after record low in May.

Gold rises above $4,650 as dollar weakness fuels bullish momentum
Analysts identify $4,680–$4,720 as the next critical resistance zone after spot gold reached a three-month high. Technical and fundamental factors, including Fed policy expectations and central-bank demand, support the uptrend.

Why the EUR/NZD Correction May Signal a Wider Euro Weakness Cycle
The technical dip in EUR/NZD is more than a chart pattern – it reflects the ECB’s easing path, the RBNZ’s tightening and a shifting risk appetite.

Mexico inflation quickens to 3.26% in early August
Consumer prices rose 0.10% in the first half of August, while core inflation climbed to 3.93% year-over-year. Bank of Mexico's target remains 3% ±1 percentage point.

Eurozone PMI, inflation data support ECB rate hike bet
Eurozone business activity expanded in August, while inflation rose to 2.9% y/y, reinforcing expectations for a September ECB rate hike. Barclays expects a 25 bps increase.

U.S. Treasury launches quantum-readiness task force for financial sector
New public-private initiative aims to transition the financial system to quantum-safe cryptography amid rising concerns over quantum computing threats. Task force follows Trump-era executive order and G7 cybersecurity roadmap.

U.S. 30-year Treasury yield draws investor scrutiny amid global bond rout
Long-end U.S. yields remain a focal point as global peers hit multi-decade highs. Analysts warn against excessive pessimism despite rising fiscal concerns.


Bitcoin reclaims 50-week EMA as August rally extends to nine-year high
BTC/USD closed above its 50-week EMA for the first time since November 2025, capping a five-day rally that pushed prices to $79,550. Fed chair Warsh’s Jackson Hole remarks and U.S. PCE data loom as key catalysts.

ECB outlines privacy safeguards for digital euro amid global backlash
Central bank says Eurosystem cannot identify users in digital euro transactions, while lawmakers in the U.S. move to block CBDCs. Pilot phase slated for 2027.

Moody’s affirms Philippines’ Baa2 rating with stable outlook
Rating agency cites fiscal consolidation efforts and resilient funding access as key strengths, while warning of debt affordability pressures and climate risks.

Moody’s lifts Pakistan’s sovereign ratings to B3 from Caa1
Upgrade reflects improving external buffers and fiscal metrics amid macroeconomic stabilization, though debt affordability remains a key constraint.

Six months of war reshapes global markets, policy focus at Jackson Hole
Geopolitical tensions and energy disruptions drive inflation and policy shifts as central banks convene. Nvidia earnings and South Korea’s rate decision add to the week’s key events.

Ray Dalio urges 15% gold allocation as US debt policy sparks dollar, yield fears
Gold hits three-month high above $4,640/oz as Treasury yields fall and dollar weakens on surprise U.S. debt-buyback expansion. Dalio flags debt crisis hedge.

Gold hits three-month high as technical breakout targets $4,895
Technical analysis points to further upside after gold surged past $4,690, with projected weekly resistance levels at $4,788 and $4,895. Central-bank demand and U.S. Treasury actions underpin the move.

ECB's Cipollone urges Single Market reforms to boost EU firms' competitiveness
Executive Board member highlights removal of internal trade barriers as key to scaling EU firms amid external shocks, while warning against over-reliance on monetary policy.

Why the Dollar’s Three‑Month Lull Is a False Calm for Asian FX
The greenback’s near‑mid‑May lows have left Asian currencies perched on a knife‑edge, with policy divergences and trade frictions shaping the next move.


Turkey’s central bank to restart one-week repo auctions
The Turkish central bank will resume weekly repo operations at its 37% policy rate, ending a suspension tied to inflation risks from regional conflict. Governor Fatih Karahan said conditions had improved.

Former UBS CEO backs Swiss regulator in dispute with bank
Oswald Grübel, ex-CEO of UBS and Credit Suisse, sides with Finance Minister Karin Keller-Sutter against UBS's pushback on stricter capital rules. He argues state oversight is essential to prevent systemic risk.

Japan’s Trade Gap Shrink Signals a Subtle Shift for the Yen
A 23% export surge helped narrow Japan’s July trade deficit, but the impact on the yen and BOJ policy is more nuanced than a simple rally.

Japan's core CPI rises to 1.8% in July, still below BOJ target
Japan's core consumer prices rose for a third straight month in July, though inflation remains below the Bank of Japan's 2% target, reinforcing expectations for a rate hike by September.

Bitcoin surges 23% in weekly gain as crypto market rebounds sharply
Digital asset prices rallied across the board after U.S. regulatory optimism and macroeconomic shifts fueled a broad-based crypto rebound. Bitcoin climbed above $78,000, marking its strongest weekly performance since early 2023.

UBS maintains neutral stance on yen despite Fed-BOJ divergence
Bank projects USD/JPY at 160 by end-2026 and 158 by mid-2027, citing persistent upward pressure from policy divergence.

BofA warns U.S. dollar could fall if Treasury bond intervention fails
Bank of America’s Michael Hartnett cautions that a failure to cap 30-year yields below 5% could weaken the dollar, while global equity inflows hit a three-week high.

Euro zone wage growth slows in Q2, ECB data shows
Negotiated wages rose 2.44% in the three months to June, down from 2.56% in Q1, according to European Central Bank figures released Friday.

30-year Treasury yield tops 5.33%, outpacing dividend stocks by 2.2 points
The gap between the 30-year Treasury yield and dividend stock yields has widened to 2.2 percentage points, the widest since 2007. History suggests divergent paths ahead for bonds and equities.


Global markets digest August 2026: equities rise, bonds wobble, Bitcoin surges
U.S. stocks extend gains on CTA normalization, while 30-year Treasury yields hit 19-year highs before easing. Bitcoin breaks above $79,000 amid ETF inflows and Treasury buyback expansion.

US Treasury yields climb after services PMI hits 20-month high
2-year yield rises 3.8 bps to 4.223% as services activity accelerates; 10-year and 30-year also gain. Manufacturing slowdown persists amid geopolitical disruptions.

Central banks hold most gold reserves at Bank of England, World Gold Council data shows
Survey finds 57% of central banks use the Bank of England as a foreign custodian for gold reserves, with Goldman Sachs estimating monthly purchases by official sector at 50 tonnes through 2026.

Poland’s central bank buys 7.8 tons of gold in July, holdings hit 640.2 tons
Poland’s central bank added 7.8 metric tons of gold to its reserves last month, bringing total holdings to 640.2 tons. The acquisition marks the slowest monthly pace since December, according to World Gold Council data.

SNB’s Tschudin says negative rates remain an option in Switzerland
Swiss National Bank director Petra Tschudin cites anchored inflation expectations and a stable CPI basket as key factors behind record-low inflation. The central bank retains all policy tools, including sub-zero rates, to meet its 0-2% inflation target.

Dollar dominance faces erosion as central banks diversify reserves
Gold demand rises as nations reduce reliance on U.S. Treasuries and explore alternatives to dollar-based trade settlements, according to analysis of long-term monetary trends.

Barclays flags fiscal dominance as top market risk amid rising bond yields
Barclays warns of growing fiscal dominance as long-end yields climb, with French OAT spreads near post-pandemic highs and U.S. Treasury buybacks offering limited relief. Oil above $90 a barrel and euro strength underscore market jitters.

Euro zone consumer inflation expectations ease in July survey
Median perceived inflation over the past year fell to 3.5% while one-year-ahead expectations dipped to 2.9%. Income growth expectations also softened as spending growth outlook remained steady.

Crunchfish reports negative cash flow as revenue remains absent in Q2 2026
Swedish fintech Crunchfish posted a SEK 4.6 million operating cash outflow in Q2 2026 despite progress in commercial talks. Stock fell 1% as analysts forecast a per-share loss.


SNB’s Tschudin warns AI could fuel near-term inflation pressures
Swiss National Bank board member cites redirected investment flows and chip shortages as potential short-term drivers of price gains, though long-term impact remains uncertain.

Bank of Korea signals cautious approach to upcoming policy decisions
Senior Deputy Governor Kwon Min-soo emphasizes flexible, careful monetary policy amid inflation pressures and won strength. Next decision due August 27.

IMF’s Tenreyro warns AI-driven productivity may not ease inflation
Research suggests early AI investments could fuel demand-driven inflation before productivity gains materialize, complicating central bank policy.

Gold breaks $4,600 as bulls target $4,670 amid softer dollar, Treasury yields
Spot gold hit $4,604 on Friday, its highest since mid-May, as a weaker dollar and falling Treasury yields reinforced a bullish breakout above $4,500. The analysis projects $4,635–$4,670 as next resistance levels.

Morgan Stanley sees gold above $5,000 per ounce by 2027
Bank forecasts record price amid central bank buying and Fed policy expectations, though warns of volatility. ETF flows turn positive as Fed hold outlook solidifies.

BOJ’s July 2027 meeting timing fuels speculation on rate hike timing
The Bank of Japan’s next policy meeting, scheduled for July 21-22, 2027, coincides with the expiration of two hawkish board members’ terms, raising questions about the central bank’s normalization strategy.

US-Anleihe-Rückkäufe bremsen Zinsanstieg, doch Schuldenängste bleiben
Die US-Regierung verdoppelt Rückkäufe langlaufender Anleihen auf mindestens vier Milliarden Dollar, um den Anstieg der Renditen zu dämpfen. Analysten erwarten jedoch nur eine vorübergehende Wirkung, da strukturelle Schuldenprobleme fortbestehen.

WEF seeks ECB’s Lagarde as next chair amid leadership transition
Christine Lagarde is reportedly open to leading the World Economic Forum after tensions with founder Klaus Schwab eased. The ECB has no comment on the speculation.

Global bond yields ease from multi-decade highs after U.S. Treasury buyback boost
U.S. 10-year Treasury yield pulled back from overnight lows while Japanese and European sovereign bonds rallied after Treasury expanded long-end buyback capacity. Brent crude held above $91 a barrel amid Strait of Hormuz shipping disruptions.


Sweden’s Riksbank holds key rate at 1.75%, flags possible hike
Central bank leaves benchmark rate unchanged but warns it may tighten policy before year-end if inflation pressures persist. Decision aligns with market expectations.

Truist lifts gold rating to neutral on rate outlook and dollar softening
Analysts cite stabilizing real yields, central bank demand and technical breakout as gold recovers from 15% drawdown. Upgrade follows softer U.S. data and Treasury buyback expansion.

European stocks hit August lows as bond yields surge, central banks stay hawkish
Stoxx Europe 600 extends losing streak to seven sessions amid rising long-term yields and hawkish central bank signals. Novonesis leads gains after strong earnings.

Gold extends gains as Treasury yields fall and dollar weakens
Analysis highlights supportive macro backdrop for gold, with technical levels suggesting potential for further upside toward 4,597 if resistance breaks. Risks remain tied to Fed policy and yield dynamics.

Bitcoin hits 10-week high as U.S. Treasury bond buybacks ease yields
Cryptocurrency rises above $69,800 as falling long-term Treasury yields reduce opportunity cost of holding non-yielding assets. U.S. Treasury's expanded buybacks signal concern over 30-year bond selloff.

Global economic calendar: August 20, 2026 — earnings, inflation and central bank updates
AEGON, Alibaba and Walmart among companies reporting quarterly results; Germany releases producer prices and trade data alongside Sweden’s Riksbank rate decision.

South Korea to launch $72 bln chip windfall fund for youth, AI
Government proposes Future Response Fund to channel semiconductor tax revenue into youth employment, housing and AI investment. Legislation to be submitted with 2027 budget.

China holds benchmark lending rates steady for 15th month in August
The People's Bank of China kept the one-year and five-year loan prime rates unchanged at 3.00% and 3.50%, respectively, as policymakers prioritize fiscal support over further monetary easing amid weak July economic data.

Global bond yields surge to multi-decade highs on US turmoil
US long-term borrowing costs hit 2007 highs, dragging G7 yields higher amid Iran war, inflation fears and political uncertainty. Central bank responses remain uncertain.


Mexico’s central bank holds rates at 6.5% amid inflation concerns
Banxico signals prolonged pause as services inflation remains sticky, while peso gains 6% in 2026.

China holds loan prime rates steady for 15th month in August
The People's Bank of China kept the one-year and five-year loan prime rates at 3.00% and 3.50%, respectively, as weak domestic demand and banking sector constraints limited policy options.

Switzerland adopts EU’s 20th Russia sanctions package
New measures include asset freezes on 115 entities and a ban on Russian crypto platforms and digital ruble support. Implementation begins August 20.

U.S. Treasury may expand bond buyback program beyond $4 bln per issue
Secretary Bessent signals potential increase in Treasury bond repurchases to stabilize markets and address yield distortions. Update follows surprise doubling of buyback size announced Wednesday.

U.S. Treasury doubles buyback sizes for 10- to 30-year debt to $4 bln
Longer-dated Treasury buybacks to rise to at least $4 billion per operation from September, as yields on 30-year bonds hit 19-year highs. Maximum repurchases could reach $83 billion through November.

Japan's wholesale inflation spikes in July, raising rate‑hike odds
July wholesale price inflation in Japan surged, boosting expectations that the Bank of Japan may move toward a rate increase.

Egypt’s central bank holds key rates steady at 19%, 20%
The Monetary Policy Committee maintained overnight deposit and lending rates as inflation pressures remain elevated in the North African economy.

Egypt’s central bank leaves key rates at 19-20% as inflation cools
Monetary policy committee holds overnight deposit and lending rates steady amid easing price pressures. Decision follows July inflation slowdown to 33.6% year-on-year.

U.S. accused of interest-rate manipulation after doubling bond buybacks
Criticism of the Swiss National Bank’s currency interventions highlights parallels with Washington’s bond-market interventions, which similarly distort market pricing. Analysis of policy overlap and unintended consequences.


IMF hails Lebanon bank law changes as ‘major step’ amid crisis
Parliament passes amendments to bank resolution framework, meeting 99% of IMF demands, but president’s approval and Constitutional Council review still pending.

Nigeria’s reforms averted economic collapse, finance minister says
Subsidy cuts and currency devaluation generated $11.7bn in savings while shrinking the official-parallel FX gap to under 5%.

Japan’s bond rout threatens fiscal plans as 10-year yield nears 3%
Surge in JGB yields to three-decade highs risks derailing Japan’s fiscal strategy, with debt-servicing costs projected to rise by over 30% by fiscal 2029. Policy makers face limited options amid persistent inflation pressures.

China set to hold loan prime rates steady in August amid weak economy
All 25 surveyed banks expect the one-year and five-year loan prime rates to remain at 3.00% and 3.50%, respectively, as policymakers prioritize fiscal measures over monetary easing.

ECB’s Rehn says wage growth stays moderate, inflation risks limited
Finland’s central bank chief cites anchored expectations as key to preventing second-round effects amid steady wage trends.

Why the Swiss Franc Is Poised to Re‑Emerge as the Go‑To Funding Currency
After a rare yen intervention, traders are eyeing the franc’s zero‑rate environment as the next cheap carry, a shift that could reshape EUR/CHF and USD/CHF dynamics.

RBA’s Hauser signals possible rate hike if inflation risks materialize
Deputy Governor Andrew Hauser warns that Australia’s central bank may resume tightening if upside inflation risks, including geopolitical tensions and the AI-driven productivity gap, escalate.

China triples digital yuan bank roster year-to-date with eight new additions
The People’s Bank of China expanded the digital yuan network with 20 new operators in two rounds this year, including eight this week.

Euro zone bond yields surge to two-decade highs amid debt concerns
German 10-year yield hits 15-year peak as France and Italy follow; ECB tightening bets rise to 45 bps. Oil climbs above $92 a barrel on geopolitical risks.


FOMC minutes and crude oil inventories due Wednesday
Market participants await the release of the latest FOMC minutes and weekly crude oil inventory data.

US Treasury boosts liquidity support, 10-year yields fall 4.9 bps
Treasury doubles buyback operations for longer-dated bonds as benchmark yields decline. Fed minutes and 20-year auction awaited.

Gold rises on Hormuz blockade amid U.S.-Iran standoff
Geopolitical risks in the Persian Gulf and central bank buying support the yellow metal, while high U.S. yields cap gains. Analysts outline key support and resistance levels.

Chile’s GDP flat in Q2, copper drags as mining sector weighs
Chile’s economy stagnated in the second quarter, missing forecasts for a 0.3% rebound as copper output fell. Annual GDP contracted 0.2%, reversing expectations for modest growth.

ECB’s Lane warns 3% euro zone inflation still exceeds target
European Central Bank Chief Economist Philip Lane signals policy caution as inflation remains one percentage point above the 2% target.

Britain’s Drone Row Could Turn the GBP into a Risk Barometer
Escalating UK‑Russia tensions over alleged drone use are reshaping risk sentiment, and the pound may start behaving more like a safe‑haven proxy than a pure policy‑driven currency.

Japan’s 30-year JGB yield surge signals end of ultra-loose policy era
Japan’s benchmark 10-year government bond yield hit a 30-year high, ending decades of near-zero rates and reshaping global debt markets amid policy shifts and inflation pressures.
Global bond yields hit multi-decade highs as US-Iran ceasefire collapses
US, UK, Germany, France and Japan see borrowing costs surge after failed negotiations and renewed geopolitical tensions. Investors brace for prolonged inflation pressures.

Bank of England Expected to Hold Rates for Remainder of Year, Reuters Poll Shows
A recent Reuters poll indicates the Bank of England is likely to maintain interest rates through the rest of the year despite ongoing inflation risks.


FX Markets Face Growing Pressures as Duration Risks Emerge
Foreign exchange markets are increasingly impacted by duration risks as shifting economic conditions influence currency valuations.

China Expands Digital Yuan Network with Eight New Commercial Banks
China's central bank digital currency network has added eight new lenders, bringing the total number of authorized operators to 30.

Economists See No Near-Term US Rate Hikes Amid Cooling Labor Market
Economists expect the Federal Reserve to hold off on interest rate hikes following negative US labor market data and a slight easing of inflation.

Brazil’s central bank chief warns demand outpaces supply
Central bank governor signals inflationary pressures as domestic demand exceeds productive capacity.

Why Canada’s Inflation Surprise Is a Double‑Edged Sword for the Loonie
The latest CPI beat forces the Bank of Canada onto a tighter path, but higher rates could also dampen growth and reignite USD‑CAD volatility.

Canadian dollar strengthens after inflation beats forecasts
Headline inflation in Canada rose 3.4% year-on-year in December, exceeding economist expectations and supporting the loonie's advance.

Japan’s 10-year government bond yield hits 30-year high
Benchmark yield climbs to 0.955%, highest since 1994, as investors reassess policy outlook amid persistent inflation.

Canada's inflation accelerates to 3% on gasoline costs
Annual inflation rate rises above Bank of Canada's 2% target, driven by fuel prices. Core measure also climbs, signaling persistent price pressures.

Swiss Regulator’s TBTF Push Raises Questions After Credit Suisse Collapse
Finma’s role in Credit Suisse’s downfall prompts scrutiny over its expanded powers under TBTF reforms. Critics question why the regulator didn’t act sooner.


Central bankers’ words carry weight as policy tool, experts say
Verbal communication shapes market expectations as much as rate moves or FX interventions, with past remarks triggering sharp reactions. Four historical examples highlight the power of central bank rhetoric.

Swiss National Bank names Ulrich Bindseil to lead Gerzensee center
Martin Brown steps down as director of the SNB's Gerzensee study center after five years, with Ulrich Bindseil set to take over in January 2027.

Indian bond yields rise after RBI shortens swap deadline
Yields on Indian government bonds climbed after the Reserve Bank of India reduced the deadline for its government securities acquisition program swap.

Martin Brown named Czech National Bank's chief economist
Appointment of Martin Brown as CNB's chief economist effective October 1, succeeding outgoing chief economist. Transition marks shift in central bank's economic leadership.

ECB flags risk of tech stock correction amid limited policy tools
European Central Bank warns that a sharp pullback in tech equities is possible as monetary policy options remain constrained.

Crypto Week Ahead: USDC Updates, FOMC Minutes and Oil Focus
A look at key market catalysts for the week starting August 17, including the Coinbase-Circle USDC collaboration, upcoming FOMC minutes, and oil price trends.

Swiss National Bank Appoints New Director at Study Center Gerzensee
The Swiss National Bank announced a leadership change at the Study Center Gerzensee, appointing a new director.

ECB Blog Warns of Potential Artificial Intelligence Market Correction
A recent European Central Bank blog post indicates that financial markets could face a correction driven by artificial intelligence valuations.

ECB's Lane Discusses Defence Spending and Euro Area Economy
European Central Bank official Philip R. Lane addresses the economic implications of rising defence spending in the euro area.


EUR/USD Reaches Two-Month High Ahead of Fed Minutes
The euro climbed to a two-month high against the dollar as markets awaited the Federal Reserve minutes and upcoming Jackson Hole remarks.

India Central Bank Closes Forex Swap Facility Early Following $50 Billion Inflow
The Reserve Bank of India has wrapped up its foreign exchange swap facility ahead of schedule after drawing roughly $50 billion in inflows.

Why the US‑Canada Tariff Standoff Could Rattle the CAD More Than You Think
The looming May 1 deadline on reciprocal tariffs is reshaping risk sentiment on the Canadian dollar, and the fallout may extend beyond the border into broader FX dynamics.

BofA warns U.S. yen intervention may need stronger follow-up
Bank of America strategists say any U.S.-led intervention to prop up the yen could require additional measures to sustain impact.

Global equity funds post 13th straight week of inflows on earnings optimism
Investor sentiment buoyed by corporate earnings outlook and expectations of softer central bank policy. Funds tracking global equities extended a streak of weekly inflows to 13 weeks.

Gold retains value as global markets transform
Centuries-old asset adapts to modern financial systems while maintaining its core role as a store of value.

Slovakia’s industry faces de-industrialization risk, central bank warns
National Bank of Slovakia highlights structural challenges threatening the country’s manufacturing sector amid global competition and energy costs.

Global markets brace for rising inflation pressures
Central banks face renewed scrutiny as price pressures intensify across major economies, with key data points due this week.

Philippine central bank expects gradual inflation easing, warns of upside risks
Monetary Board projects slower price growth in coming months but flags risks from supply shocks and external factors. Inflation seen trending toward 2-4% target range.


ECB survey finds minimal crypto adoption by euro area merchants
Less than 0.2% of euro area online merchants accept cryptocurrency payments, with physical POS adoption below 1%, according to an ECB survey. Mobile payments continue to gain share.

U.S. 30-year bond yields hit 25-year high as inflation concerns weigh
Long-term borrowing costs surge to levels last seen in 2001 amid persistent inflation uncertainty and elevated government debt supply. Treasury auctions remain well-covered despite rising yields.

Bank of Japan seen considering September rate hike
Sources indicate the BOJ may accelerate tightening with a rate increase next month, signaling a shift from ultra-loose policy.

AI-driven surge in bond yields seen as next market risk
Rapid rise in borrowing costs driven by artificial intelligence models could disrupt markets and weigh on economic growth, analysts warn.

Bond yields dip as hiking pressure eases
Benchmark U.S. Treasury yields fall as investors reassess the Federal Reserve's tightening path. 10-year yield drops below 4.5% amid softer inflation signals.

Fitch affirms U.S. sovereign credit rating at AA+ with stable outlook
Rating agency Fitch maintains the U.S. government's top-tier credit rating, citing fiscal resilience despite elevated debt levels and political uncertainty.

Canadian bond yields dip as U.S. inflation cools
Yields on Canadian government bonds fell after softer-than-expected U.S. inflation data reduced bets on aggressive Federal Reserve tightening.

Argentina to relax dollar lending rules for banks
Central Bank moves aim to boost credit availability in foreign currency amid tight liquidity conditions.

Pennsylvania 8th District buys US Treasury note via Rob Bresnahan
The Pennsylvania 8th District has acquired a US Treasury note through an investment managed by Rob Bresnahan, according to disclosure filings.


Argentina to ease bank dollar lending to companies, economy minister says
Move aims to boost corporate financing as central bank seeks to stabilize foreign exchange reserves and support economic activity.

Blockchain group backs Custodia in Fed master account dispute
Custodia Bank's Supreme Court appeal seeks Fed payment system access, backed by crypto industry group citing regulatory overreach.

The Supertanker’s Return: What Saudi’s Shipping Revival Means for Oil‑Linked Currencies
A supertanker docking at Ras Tanura after weeks of absence signals easing of Red Sea bottlenecks. I argue that the move will temper the recent rally in oil‑linked currencies and re‑anchor risk sentiment.

Bank of England economist flags growth as justification for rate hikes
Monetary policy committee member cites robust economic expansion as key factor supporting further tightening amid inflation concerns.

Peru’s central bank holds rates steady, sees no need for hikes
The Peruvian central bank maintained its benchmark rate at 6.25% as inflation remains within target and growth outlook stabilizes.

Morgan Stanley: Disinflation trend intact but 2027 rate risks linger
Firm flags progress on inflation but warns upside risks to terminal policy rate by 2027 amid persistent wage and services pressures.

Serbia’s central bank keeps benchmark rate at 5.75%
The National Bank of Serbia maintained its key policy rate unchanged for a sixth consecutive meeting as inflation pressures eased further.

Uganda’s central bank keeps benchmark rate at 9.75% for eighth straight meeting
The Bank of Uganda maintained its key lending rate unchanged as inflation pressures eased slightly but remained above target, citing risks from global and domestic factors.

Norway’s central bank holds key rate at 4.25%, flags further hikes
Norges Bank kept its policy rate unchanged but warned inflation remains elevated, leaving the door open for additional tightening in coming months.


ECB poised for final rate hike in September, Reuters poll shows
European Central Bank expected to raise rates next month, capping its shortest tightening cycle since 2011 amid inflation concerns.

Banks push back against stablecoin yields as crypto yield war intensifies
Traditional lenders resist crypto-based yields, citing systemic risks amid growing competition for depositor funds. Regulators weigh in as the clash over deposit structures escalates.

ECB: Cash still dominates payments in euro area
Survey finds physical currency remains the most widely used payment method despite digital shift, with 59% of transactions in 2025.

Rate Hike Bets Leave Yen's Post-Intervention Gains at BOJ's Mercy
The Japanese yen's recent gains following suspected official intervention now depend on the Bank of Japan's policy stance and shifting rate hike expectations.

Japanese Government Reportedly Open to Earlier BOJ Rate Hike
Tokyo is signaling support for a faster timeline for Bank of Japan interest rate normalization, according to Bloomberg reports.

Japan PPI Inflation Rises to 3.5-Year Peak in July Despite Missing Forecasts
Japan's producer price index inflation accelerated to a 3.5-year high in July, even though the increase fell short of market expectations.

Central Bank Market Backstops Risk Fueling Leverage and Future Crises
Regulatory interventions and market backstops by central banks could inadvertently encourage higher leverage and set the stage for future financial instability.

Bank of England tests stablecoin, digital pound interoperability for cross-border payments
BoE's Digital Pound Lab explores integration of stablecoins with a digital pound prototype to streamline international trade finance transactions.

Euro zone bond yields fall as U.S. inflation cools in July
German 10-year Bund yield drops to two-week low as softer U.S. CPI data fuels bets on global rate cuts.


US Treasuries rise as July inflation aligns with forecasts
Benchmark 10-year Treasury yields fall after consumer prices rise in line with projections, easing pressure on the Fed to maintain restrictive policy.

Analysts parse muted market reaction to July U.S. CPI
Economists and strategists broadly view July's in-line consumer inflation data as validating the Federal Reserve's cautious policy stance, with limited near-term impact on rate-cut expectations.

Sri Lanka central bank rules out further rate hikes, stays alert
Governor signals policy pause after recent tightening, warns of vigilance amid lingering inflation risks.

Euro zone bond yields dip after softer U.S. inflation data
German 10-year Bund yields fell below 2.5% as cooler-than-expected U.S. CPI reading boosted demand for core euro zone debt.

Swiss National Bank Welcomes 'Too Big to Fail' Regulatory Overhaul
The Swiss National Bank has expressed support for proposed measures aimed at strengthening the country's 'too big to fail' banking regulations.

China’s central bank reaffirms loose monetary policy stance
PBOC signals continued support for growth amid economic headwinds, with no immediate shift in policy direction.

CPI data tests yen’s recovery against USD/JPY
U.S. consumer inflation figures released Friday tested the yen’s recent gains, with USD/JPY volatility reflecting shifting bets on Federal Reserve policy and Bank of Japan outlooks.

Citi expects Bank of Korea to raise rates amid inflation pressures
Analysts at Citi project a rate hike by the Bank of Korea as consumer prices remain elevated, with risks tilted toward tighter policy.

Ukraine’s Currency Liberalisation: A Quiet Game‑Changer for the FX Market
The National Bank of Ukraine’s sweeping reforms could unlock liquidity, reshape the hryvnia’s trajectory and subtly shift risk sentiment across emerging‑market FX pairs.


Iran to join BRICS New Development Bank, central bank says
Governor signals imminent membership as Tehran seeks to expand financial ties amid Western sanctions.

PBOC pledges timely policy rollout amid economic pressures
China’s central bank signals readiness to deploy fresh measures to support growth as policymakers balance inflation and demand concerns.

Global markets brace for U.S. CPI as geopolitical risks simmer
Geopolitical tensions and hotspots intensify ahead of key U.S. inflation data, with investors monitoring energy markets and central bank signals.

Swiss National Bank releases Q1 2025 Quarterly Bulletin
The SNB’s first quarterly report of 2025 outlines monetary policy stance, inflation outlook, and economic assessments for Switzerland.

India’s silver imports plunge as currency defense curbs demand
Imports of silver into India fell sharply in recent months as the central bank’s measures to stabilize the rupee tightened liquidity and raised costs for importers.

Swiss National Bank holds rates steady after September review
The SNB left its key policy rate unchanged at 1.25% as inflation remains within target range, citing stable economic conditions.

SNB Quarterly Bulletin Highlights Policy Stance and Economic Outlook
Swiss National Bank’s third-quarter report underscores inflation risks, policy guidance, and global economic pressures. Key projections and policy signals detailed.

SNB Sept 2025 policy review flags cautious stance on inflation
Swiss National Bank’s September 2025 monetary policy assessment highlights persistent inflation risks and a cautious approach to policy adjustments.

Swiss National Bank Publishes Q4 2025 Quarterly Bulletin
The SNB's latest Quarterly Bulletin assesses Swiss economic conditions, inflation trends, and monetary policy outlook for Q4 2025.


Swiss National Bank Releases Q1 2026 Quarterly Bulletin
The SNB's first quarterly report of 2026 outlines monetary policy stance, economic outlook, and financial stability assessments for Switzerland.

SNB Quarterly Bulletin Highlights Economic Outlook and Policy Stance
Swiss National Bank’s Q2 2026 bulletin assesses inflation risks, growth projections, and monetary policy considerations amid global uncertainty.

China’s central bank skips routine liquidity operation
The People’s Bank of China refrained from injecting funds via its regular medium-term lending facility, a move seen as a signal of policy caution amid economic uncertainty.

US Treasury yields seen falling as strategists' conviction weakens
Analysts expect Treasury yields to decline amid shifting macro expectations, though confidence in the outlook has softened.

Investors weigh risks as Fed signals leaner policy guidance
Market participants assess potential trade-offs of reduced Federal Reserve transparency amid shifting economic signals.

Why the Euro’s Next Move Hinges on US Inflation, Not ECB Whispers
The euro-dollar pair is approaching the 1.1680 ceiling, but the real driver will be Thursday’s US CPI — a softer print may reportedly give the euro a lift, while a hotter one may reportedly keep it pinned down.

Bank of England to trial stablecoins, digital pound in cross-border trade
Central bank’s Digital Pound Lab to test interoperability between stablecoins and a potential digital pound in trade-finance transactions.

Brazil inflation slows to 4.5% in July, hits central bank target
Consumer prices rose at the slowest pace in 16 months, aligning with the central bank's 4.5% target as food and fuel costs eased.

Sri Lanka central bank sees no need for further rate hikes this year
Governor signals policy pause after recent tightening cycle amid improving inflation outlook.


Brazil’s central bank warns tight policy will slow growth
Monetary policy tightening seen weighing on domestic demand and investment, according to the bank’s latest assessment.

Brazil inflation slows to 4.4% in July, fuels rate cut bets
Consumer prices rise at the slowest pace since February 2021, reinforcing expectations for a central bank policy easing cycle.

Brazil inflation rises 0.07% in July, outpacing forecasts
Consumer prices increased modestly, defying expectations for a flat reading as food and transport costs offset declines in fuel. Annual inflation remains below the central bank's target.

Brazil’s central bank says inflation still driven by demand despite rate hikes
Monetary tightening has yet to fully curb price pressures, central bank survey shows demand remains primary inflation driver.

Brazil signals policy tightening to persist after rate cut
Central bank hints at prolonged restrictive stance despite 50-basis-point reduction in benchmark rate.

U.S. 10-year yield hits 2024 high as long bond demand weakens
Benchmark Treasury yield rises above 4.5% as investors reassess demand for long-duration debt amid shifting rate expectations.

German yields rise to Aug. 3 high on energy-driven inflation fears
Benchmark 10-year Bund yields hit their highest level since early August as surging energy prices fuel concerns over persistent inflation in Europe.

BRICS explores linking payment systems and CBDCs, RBI governor says
Discussion on integrating BRICS payment networks and central bank digital currencies aims to reduce reliance on Western financial infrastructure.

Federal Reserve Governor Cook faces renewed congressional scrutiny
Federal Reserve Governor Lisa Cook reportedly faces fresh questioning from lawmakers as financial markets monitor central bank policy signals.


Bank of Korea Likely to Raise Interest Rates Further, Outgoing Deputy Chief Says
The Bank of Korea is expected to continue lifting interest rates, according to comments from an outgoing deputy chief.

Asia FX, Dollar Muted Ahead of U.S. CPI Data as RBA Holds Rates
Asian currencies and the U.S. dollar traded in narrow ranges as investors awaited key inflation data, while the Reserve Bank of Australia kept interest rates steady.

Australia's Central Bank Holds Rates Steady, Leaves Door Open to Hikes
The Reserve Bank of Australia maintained its cash rate while signaling that further tightening remains a possibility.

Australia's Central Bank Sees Inflation Cooling Faster Amid Upward Risks
The Reserve Bank of Australia notes a slightly faster deceleration in inflation, though persistent upside risks remain.

Reserve Bank of Australia Holds Interest Rates at 4.35%
The RBA kept its cash rate unchanged while warning that further monetary tightening remains possible due to persistent inflation pressures.

Swiss National Bank releases 2025 balance of payments and IIP data
The SNB published its latest balance of payments and international investment position figures for 2025, detailing current‑account flows and foreign asset holdings.

Swiss National Bank Expects CHF 26 Billion Annual Profit for 2025
The Swiss National Bank projects an annual profit of approximately CHF 26 billion for the 2025 financial year.

Swiss National Bank Establishes Basis for Extended Liquidity Facility
The Swiss National Bank has announced the creation of a foundation for an Extended Liquidity Facility.

Swiss National Bank Releases Annual Result for 2025
The Swiss National Bank has published its official annual financial result for the 2025 fiscal year.


Swiss National Bank Schedules 2025 Annual Report Publication for March 2026
The Swiss National Bank has announced the publication date for its 2025 annual report.

Swiss National Bank Scheduled to Release Monetary Policy Assessment
The Swiss National Bank has scheduled its monetary policy assessment for release on March 19, 2026.

Swiss National Bank Releases 2025 Payment Methods Survey
The Swiss National Bank has published the findings from its 2025 survey on the payment methods used by private individuals.

Swiss National Bank and Bern History Museum Launch 'Moneyverse'
The Swiss National Bank and the Bern History Museum have officially opened 'Moneyverse', a new collaborative exhibition project.

Mario Draghi to Deliver 2026 Karl Brunner Distinguished Lecture
Former European Central Bank President Mario Draghi is scheduled to hold the 2026 Karl Brunner Distinguished Lecture.

Swiss National Bank Welcomes Full Capital Backing for Foreign Units
The Swiss National Bank has expressed support for full capital backing requirements regarding banks' foreign participations.

Swiss National Bank Scheduled to Release 2026 Swiss Financial Accounts
The Swiss National Bank prepares to publish its annual financial accounts data for the Swiss economy in April 2026.

Swiss National Bank Schedules Monetary Policy Assessment for June 2026
The Swiss National Bank has announced its upcoming monetary policy assessment, scheduled to take place on June 18, 2026.

Swiss National Bank Scheduled to Release Balance of Payments Data
The Swiss National Bank announced plans to publish Switzerland's balance of payments and international investment position statistics.


ECB Releases July 2026 Euro Area Bank Lending Survey
The European Central Bank publishes its bank lending survey for the euro area for July 2026.

ECB Appoints Boris Kisselevsky as Director General Secretariat
The European Central Bank has named Boris Kisselevsky to the position of Director General Secretariat.

ECB Unveils Shortlisted Banknote Designs and Opens Survey
The European Central Bank has released the shortlisted designs for its upcoming euro banknote redesign and opened a public survey.

ECB Releases Consumer Expectations Survey Results for June 2026
The European Central Bank has published the findings from its consumer expectations survey for June 2026.

ECB Releases Third-Quarter 2026 Survey of Professional Forecasters
The European Central Bank publishes the findings from its latest Survey of Professional Forecasters covering the third quarter of 2026.

ECB to Implement Enhanced Repo Facility for Central Banks
The European Central Bank prepares to roll out an enhanced repurchase agreement facility tailored for central banks.

ECB Releases June 2026 SESFOD Survey on Euro Securities and OTC Derivatives
The European Central Bank publishes the results of its June 2026 survey covering credit terms and conditions in euro-denominated securities financing and OTC derivatives markets.

ECB to Expand Climate Factors in Collateral Framework for Corporate Claims
The European Central Bank announces plans to integrate climate-related metrics into the Eurosystem collateral framework for non-financial corporate credit claims.

Gold seen as safe-haven asset amid market volatility
Analysts cite geopolitical risks and central bank buying as key drivers supporting gold’s appeal as a defensive investment.


BOJ Rate-Hike Path Faces Hurdles Amid Japanese Bond Market Pressures
The Bank of Japan's path toward policy normalization encounters headwinds linked to domestic bond market dynamics and political context.

ECB Releases Consolidated Banking Data for End-March 2026
The European Central Bank has published its consolidated banking data set covering the period up to the end of March 2026.

Swiss National Bank Scheduled to Release Interim Results for First Half of 2026
The Swiss National Bank is scheduled to publish its interim financial results for the period ending June 30, 2026.

ECB Governing Council Releases Non-Interest Rate Policy Decisions
The European Central Bank has published a summary of decisions taken by its Governing Council beyond standard interest rate settings.

Fed Holds Rates Steady as Three Officials Support an Increase
Federal Reserve Chairman Kevin M. Warsh's second meeting faced internal divisions, with three officials backing a rate increase.

Investors Brace for Federal Reserve Rate Decision Amid Uncertainty
The central bank is widely expected to keep interest rates unchanged, though market participants remain alert to potential policy surprises.

Federal Reserve Holds Rates Steady Amid Internal Divisions on Inflation
U.S. central bank officials kept interest rates unchanged while showing growing divisions over how to address persistent inflation pressures.

Foreign Exchange Markets Show Signs of Prolonged Calm
The foreign exchange market exhibits subdued volatility as traders await fresh fundamental catalysts to drive directional momentum.

Why US Attempts to Save the Yen Are Doomed to Slip
The Treasury’s recent yen‑support moves clash with a widening US‑Japan rate gap and a resilient dollar, making any short‑term fix fragile.


FINMA to Relocate Zurich Office to Oerlikon in Autumn 2026
Switzerland's financial market regulator is moving its Zurich office from the city centre to Oerlikon to secure lower operating costs and better working conditions.

ECB's Lane Outlines Outlook for Euro Area Economy
European Central Bank official Philip R. Lane addresses the economic outlook for the euro area.

Why Bearish Sentiment Persists Around the Japanese Yen
Market participants continue to maintain a bearish outlook on the Japanese yen amid ongoing economic and monetary policy factors.

Mechanics of Coordinated Currency Buying Interventions
An overview of how central banks and monetary authorities execute coordinated interventions to support currency values.

Digital Euro App to Implement Strict Accessibility Standards
The European Central Bank announced that the upcoming digital euro application will feature industry-leading accessibility standards.

FINMA Chair Amstad Highlights AI Integration in Global SupTech
Artificial intelligence is fundamentally altering financial supervision worldwide, introducing both operational efficiency and new supervisory challenges.

FINMA Issues New Liquidity Ordinance for Swiss Banks and Firms
The Swiss financial regulator is transitioning its existing circular on liquidity risks into a binding ordinance.

FINMA opens consultation on partial revision of AML ordinance
Swiss regulator FINMA launched a public consultation on a partially revised anti‑money‑laundering ordinance, with comments accepted until 9 June 2026.

FINMA welcomes Swiss Federal Council's banking act revision dispatch
Switzerland's financial regulator praised the Federal Council's adoption of a dispatch to revise the Banking Act, urging full implementation of the proposed stability measures.


Fed bets cool, BOJ wagers heat up
Markets anticipate a more cautious stance from the Federal Reserve while the Bank of Japan appears poised for a more aggressive policy approach.

ECB wage tracker shows 2.7% growth in Q1 2027, signaling stable wage pressures
The European Central Bank's wage tracker indicated negotiated wage growth of 2.7% year‑on‑year in the first quarter of 2027, suggesting that wage pressures remain stable.

Swiss National Bank adjusts remuneration of sight deposits
The SNB announced a change to the remuneration rate applied to sight deposits held by banks, a tool used to influence short‑term funding conditions.

Ukrainian central bank announces biggest currency liberalisation since 2022 invasion
The National Bank of Ukraine said it is rolling out its most extensive set of currency‑market reforms since the Russian invasion, aiming to ease foreign‑exchange restrictions and boost liquidity.

Fed Officials Split Over Rate Decision as Inflation Concerns Rise
Internal divisions over a potential rate hike intensified at Kevin Warsh’s second meeting as Federal Reserve chair, reflecting growing dissent amid persistent inflation worries.

German factories revive, but ECB’s policy dilemma persists
A second month of stronger industrial output in Germany eases manufacturing worries, yet the European Central Bank still faces a tightrope between inflation control and growth support.
German Industrial Output Beats Forecasts, Lifting DAX Futures
Germany's industrial production rose for a second straight month, easing fears of a deeper manufacturing slump in Europe's largest economy.



















