Economy

Global Bond Yields Nudge Near 4% as Selling Pressure Mounts
The Bloomberg Global Aggregate Treasuries Index yield rose to 3.99%, its highest level since 2007, amid persistent inflation, fiscal concerns and geopolitical tensions.
ECB Chief Economist Sees No Major Wage Pressure Despite Rising Inflation
Philip Lane says inflation exceeding 3% is not being transmitted into pay demands, as firms cite Chinese competition and automation as reasons to hold wages steady.
UAE central bank bans Iran's Bank Melli from all transactions
The UAE's central bank has prohibited Iran's state‑owned Bank Melli from conducting any financial activity in the Emirates, citing violations of anti‑money‑laundering, terrorism‑financing and weapons‑proliferation laws.
Swiss economic calendar: key data and earnings Sep 24‑Oct 1, 2026
The Swiss market will see a series of corporate results, central bank assessments and macro data releases, including the SNB's monetary assessment, KOF forecasts, Roche Pharma Day and multiple earnings reports.

Trump hosts Xi in US, extends tariff pause to Jan
President Donald Trump welcomed Chinese leader Xi Jinping for a three‑day summit, during which a trade‑pause agreement was lengthened to Jan. 10, amid low expectations for a broader deal.

Swiss Central Bank May Raise Rates as Inflation Outlook Improves: Swiss Life
Chief economist Marc Brütsch says the SNB could lift its policy rate from zero, while jobless recovery and AI-driven labor shifts shape the economic outlook.

European officials warn of rising Russian sabotage while assessing no imminent NATO attack risk
European officials have warned of increasing Russian sabotage activity while noting they see no immediate risk of a NATO attack.

Richmond Fed President Thomas Barkin comments on firming activity and inflation pressures
Richmond Fed President Thomas Barkin said economic activity is firming while inflation pressures persist.

US Treasury sells $70 billion in 5-year notes
The U.S. Treasury auctioned $70 billion of 5‑year notes.

Fed's Barr Cites Tariffs, Geopolitics, and AI Demand as Inflation Drivers
Governor Michael S. Barr said the FOMC increased the policy rate last week and further adjustments may be needed as shelter costs and broader inflation remain elevated.

Reinhart warns sovereign debt could spark crisis, calls for fiscal discipline
Harvard economist Carmen Reinhart cautioned that rising sovereign debt may trigger a sudden crisis, emphasizing the limits of low‑interest policies and the risk of fiscal dominance.

OECD raises 2026 growth forecast amid high oil prices, warns 2027 risks
Global growth is projected to rise to 2.9% in 2026, defying elevated oil prices, but downside risks loom for 2027.

China's self‑sufficiency drive reshapes US‑China trade outlook ahead of Trump‑Xi summit
China's push for domestic production and lower reliance on exports limits the impact of U.S. tariffs, while a still‑large trade deficit and slowing high‑tech exports keep pressure on the bilateral relationship.


Zelenskyy pushes for trilateral peace meeting, 'energy ceasefire' with Russia
Ukraine's president told Trump at the UNGA he is ready for direct talks with Putin on an energy truce and urged Washington to engage China's Xi on the conflict.

Schweiz bleibt im Global Retirement Index auf Platz 4, aber materielles Wohlstandsrisiko bleibt
Die Schweiz bleibt im Natixis Global Retirement Index 2026 auf Platz 4, doch ein Rückgang im Bereich materielles Wohlstand zeigt Schwächen in der Altersvorsorge.

Richmond Fed President Barkin says economy may be firming, inflation not limited to energy and tariff shocks
Richmond Fed President Barkin said the economy may be firming while inflation remains broader than just energy and tariff shocks.

European Central Bank raises interest rates by 25 basis points amid inflation concerns fueled by the Iran war and oil prices exceeding $100 per barrel
The European Central Bank increased its key interest rate by 25 basis points, citing inflation worries linked to the Iran conflict and oil prices above $100 a barrel.

Swiss President Urges Multilateralism at UN, Warns of Protectionist Threats
Guy Parmelin told the 81st UN General Assembly that global institutions must step up as violations of Charter principles and rising protectionism strain international cooperation.

ECB opens merchant applications for 2027 digital euro pilot
The European Central Bank is inviting e-commerce and mobile-commerce operators in the euro area to apply by Oct. 27 for a 12-month beta pilot starting in the second half of 2027.

US stock futures edge up as Treasury yields, inflation data weigh on markets
Futures move slightly higher while investors brace for upcoming wholesale and consumer inflation reports.

ECB's Kazaks says case for more monetary tightening is building
The ECB policymaker signaled that conditions are shifting in favor of additional rate increases.

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.


Trump and Xi to Discuss A.I. Risks and Competition at US-China Summit
US and Chinese leaders will address artificial intelligence risks and competition at this week's summit, though expectations are tempered by a lack of consensus.

Switzerland Drops in Global Retirement Ranking as Inflation Pressures Pensions
Switzerland falls to fourth place in the Natixis Global Retirement Index as rising inflation, state debt and aging populations squeeze pension systems worldwide.

US Bond Yields Fall as Oil Price Slide Eases Inflation Fears
Fifth straight session of declining crude prices bolstered demand for Treasuries, pulling the 10-year yield below 5% for the first time in a week.









