Economy

Extreme weather and disasters claim thousands globally in August–September 2026
A series of devastating earthquakes, floods, volcanic eruptions and typhoons struck Colombia, Nepal, Indonesia, China and the Philippines, with economic losses and casualties exceeding 1,000 fatalities in some cases.

UK imposes settlement sanctions despite US economic warnings
Britain bans imports from Israeli West Bank settlements and expands arms export restrictions, drawing reprimands from Washington and retaliatory moves from Israel.

Euro Zone Yields Hold Near Multi-Year Peaks Ahead of ECB Decision
German bund yields hovered near multi-year highs as energy-driven inflation pressured the ECB, while surging U.S. PPI data pushed Treasuries higher and reshaped rate-hike expectations.

UK defends settlement sanctions after Israel orders consulate closure
London imposes import ban on Israeli West Bank goods as Israel demands consulate shut within 30 days and bars entry for 12 British lawmakers.

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.

Sweden’s election looms amid fiscal pressures from defense spending and welfare demands
Defense spending surges as NATO membership reshapes budget priorities, while domestic welfare and tax cuts face tighter fiscal constraints ahead of the vote.

Iran Flags Soaring Inflation, U.S. Tightens Sea Blockade and Sanctions
Iran's interior ministry called steep price rises 'worrying' as bread costs doubled in a week, while the U.S. expanded sanctions targeting Tehran's key economic sectors.

Denmark, Greenland and US announce breakthrough on Greenland security pact
Denmark and Greenland say a deal with the United States granting Washington broad security authority over the Arctic island will be signed next week, pending UN and parliamentary approval.

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.

Ahead of the upcoming Federal Reserve meeting, Donald Trump says US should have world's lowest interest rate
Former President Donald Trump said the United States should maintain the lowest interest rate globally ahead of the Federal Reserve's next meeting.

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%.

U.S. inflation outpaces wage growth in August, squeezing household budgets
Consumer prices rose 3.4% YoY in August while average hourly earnings increased 3.1%, leaving real wages down 0.1% from July and prompting shoppers to shift toward discount retailers.

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.

China's August Retail Sales Miss Forecast as Investment Slump Deepens
Retail sales grew just 0.4% in August, missing forecasts, while urban fixed-asset investment fell 7.2% year-to-date. Industrial output surprised to the upside at 5.2%.

Global markets prepare for week with US-China summit, UN General Assembly and PMI data
Investors watch a US‑China presidential summit, the UN General Assembly and global PMI releases as key themes for the coming week.

Asian shares slide as oil prices spike on supply concerns and investors brace for US and Japan rate decisions
Asian equity markets declined while oil prices rose amid supply worries, with investors awaiting upcoming rate decisions from the United States and Japan.

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.

Fed Survey Shows Modest Growth, Moderate Price Gains Across Districts
The Federal Reserve's latest Beige Book found economic activity rose modestly and prices increased at a moderate pace, with energy costs and tariff concerns weighing on sentiment ahead of the September policy meeting.

SMI Expected Lower as Oil Above $100 Weighs on Global Markets
Swiss index slides amid rising oil, inflation fears; Meta surges on AI launch while Asian stocks dip.

US Housing Data to Watch This Week: Starts and Pending Sales
August housing starts and pending home sales are among the key US real estate figures due this week.

Trump Promises $5,000 to Every US Adult If Republicans Win Midterms
US President Donald Trump pledged a $5,000 "Trump dividend" to each American adult on condition funds are spent domestically, if Republicans retain congressional control in November. The plan would cost an estimated $1.35 trillion across roughly 270 million adults.

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.

Central banks face tricky calls as energy prices complicate inflation outlook
The ECB expects a September rate hike, but Fed policymakers are split on further moves, while the SNB sees room to hold steady.

Fed Turns Hawkish After August CPI Shows Sticky Inflation
Headline inflation held at 3.4% and core CPI remained at 2.4% in August, prompting the Federal Reserve to adopt a firmer stance and drive repricing across US rates and dollar markets.

Daily Global Financial Calendar: Sept. 10 — ECB Rate Call Tops Busy Data Day
The ECB's interest-rate decision leads a crowded schedule that includes US wholesale trade, factory-gate prices, jobless claims, and major corporate earnings from Adobe and Macy's.

