Economy
China services PMI climbs to 51.4 in August on stronger domestic demand
Private-sector services PMI rose to 51.4 in August, up from 50.4 in July, as firms added staff for a fourth straight month and new business rebounded on stronger domestic demand.
UK Mortgage Rates Expected to Rise as Bond Sell-Off Pushes Swaps to 3-Year High
UK five-year swap rates climbed above 4.52%, their highest since October 2023, as a global bond sell-off driven by oil prices and inflation fears threatens to raise borrowing costs for mortgagors.
Citi Sees BoE Rate Hikes After Rate-Cut Cycle, Revises Inflation Up
Citi Research warns the Bank of England could resume raising rates in November 2026 and February 2027, revising its inflation outlook higher as Middle East tensions push energy prices up.
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.
German Bund Yields Edge Lower as ECB Hike Path Weighs on Sovereign Debt
Traders price in three more ECB rate increases through early 2027 after last week's 25-basis-point hike, pressuring European sovereign debt even as Germany's 10-year Bund eased from multi-decade highs.
Russian frigate fires warning flares at Danish military helicopter off Danish coast
A Russian frigate launched two pyrotechnic warning flares at a Danish NATO helicopter in international waters on Monday; the flares missed and Denmark plans to summon the Russian ambassador.
U.S. Stock Futures Flat as Fed Rate-Hike Bets Clash With AI Slowdown Fears
Wall Street held steady ahead of Wednesday's Fed meeting despite a 5% tumble in semiconductors on slowing-AI concerns, while markets price in a 25-basis-point rate hike.
UK unemployment stays at 4.9% as job vacancies hit decade low
The unemployment rate held at 4.9% in the three months to July, below forecasts, while vacancies fell to 702,000 – the lowest level outside the pandemic for more than ten years.
UK firms shed jobs as wage growth slows to 3.9%
Payrolled employee numbers fell 26,000 in August, while total pay growth eased to a near six-year low. State pension set to rise 3.9% under triple lock.
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.
China's retail sales rise only 0.4% in August, industrial output beats expectations
Weak consumer spending and continued investment drag contrast with stronger factory output, keeping pressure on policymakers to meet the full‑year growth target of 4.5‑5.0%.
German self-employed optimism rises fourth straight month
Ifo sentiment index for solo self-employed and micro-enterprises climbed from -22.6 to -19.7 in August, driven by improving expectations despite ongoing challenges.
Macro calendar: ZEW, ADP, Empire State among key data releases Monday
The German ZEW survey, UK jobs data, French consumer prices, and US ADP and Empire State manufacturing reports round out the Monday schedule.
Swiss Economic Calendar: Data Releases, Earnings Due Sept 15-22
Switzerland’s weekly financial calendar features Austrian and Swiss inflation data, SNB balance-of-payments figures, and H1 earnings from Addex, Curatis, Newron and others.
Trump approval rises from record low as Democrats widen lead
A Reuters/Ipsos poll shows Trump's approval at 35% after a record 33% low, while Democrats lead Republicans 44% to 37% ahead of US midterms.
Canada Seeks C$1 Trillion in Foreign Investment as US Tariff Threat Looms
PM Mark Carney hosts an investor summit targeting 160+ projects in mining, energy, tech and infrastructure, aiming to offset 50% US tariff threats with C$1 trillion in five-year inflows.
Democrats send counteroffer to Republicans over Clarity Act provisions
Democratic senators have sent a counteroffer to Republicans on Clarity Act provisions and are meeting to discuss a draft text.
Swiss Economic Calendar: Earnings, Inflation Data and Industry Events, Sept 9–16
Swiss economic output over the week includes H1 earnings from Bioversys, Medacta, Mobiliar and others, plus BAFU inflation data and an SNB government-bond result.
US bans Canadian motorcycles, dairy and alcohol amid escalating trade war
The White House confirmed new import restrictions on Canadian beer, wine and whisky take effect Sept 29, as Trump threatens further tariff hikes and orders Canadian goods removed from federal procurement.
China inflation accelerates to 0.8% in August, above expectations
Chinese consumer prices rose 0.8% year-on-year in August, meeting forecasts, while monthly growth of 0.4% beat analyst expectations of 0.3%.
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.
US Treasury par yield curve rates updated for January and February 2026
The Treasury's Daily Treasury Par Yield Curve rates for 2026 show 10-year yields from 4.15% to 4.30% and 30-year yields from 4.79% to 4.91% across January and February.
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.
Lithuania closes Vilnius airport and NATO summons jets in response to a possible drone incident
Lithuania shut Vilnius airport and NATO called in jets after a possible drone incident.
Irish services sector expands at fastest pace since November
AIB/S&P Global data showed Ireland's services output rose to 55.4 in August, the strongest gain since November 2025, with demand, backlogs and sentiment improving.