Economy
Fed Meeting Sets Up Hawkish Trap for Warsh; Bitcoin Awaits Verdict
Markets have priced in a near-certain quarter-point rate hike and further tightening this year, leaving Fed Chair Kevin Warsh little room to disappoint without triggering a sharp rethink of the dollar and bond yields.
Lagarde Quashes Speculation on Early Exit, Eyes Post-ECB WEF Role
ECB President Christine Lagarde dismissed rumors of a premature departure, while director Isabel Schnabel is reportedly in talks with the IMF for a senior post.
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.
Swiss Firms Could Get Up to $2 Billion in US Tariff Refunds: UBS
UBS economists say Swiss exporters may recover up to $2 billion after the US Supreme Court struck down Trump-era tariffs, though effective duty rates remain far below headline levels.
US Markets Slip on Higher Producer Prices; Oil Tops $100
The Dow fell 0.3%, the S&P 500 lost 0.5% and the Nasdaq dropped 0.7% as unexpected US producer-price growth stoked inflation worries and pushed WTI crude above $100 a barrel for the first time since May.
SMI Expected Higher After Tuesday Loss; Markets Await Fed Rate Call
The Swiss Market Index opens in positive territory ahead of a widely expected 25-basis-point rate hike by the US Federal Reserve, while oil retreats and crypto stocks stumble on regulatory headlines.
ECB Raises Rates to 2.50% as Mideast Conflict Stokes Inflation Fears
The European Central Bank lifted its main deposit rate by 25 basis points and flagged persistent price pressures from the Iran war, lifting its inflation outlook for 2027 and 2028.
Kashkari Says Inflation Pressures Extend Beyond Oil Prices
Minneapolis Fed President Neel Kashkari argued that US price pressures run deeper than energy costs, even as crude prices eased and the central bank holds rates at 3.75%-4.00%.
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.
U.S. Treasury yields climb ahead of upcoming CPI data release
U.S. Treasury yields are rising as the market awaits the upcoming CPI data release.
US tariff revenue exceeds refunds paid out for the first time in months
US tariff collections have surpassed the amount refunded to importers for the first time in several months, according to recent trade data.
Swiss asking rents fall for first time in five years
Newhome data shows a 1.7% drop in national listing prices from July 2025 to July 2026, led by sharp declines in Ticino and Zurich.
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.
US producer prices rise 0.4% in August, adding to Fed rate-hike pressure
August producer-price data came in hotter than expected, pushing 30-year Treasury yields to their highest since 2007 and lifting probability of a September rate hike to roughly 65%.
ECB raises deposit rate to 2.50% amid sticky inflation
The European Central Bank delivered a fourth quarter rate hike as expected, bringing the deposit rate to 2.50% against inflation still at 3.3% in the euro area.
US Initial Jobless Claims Fall Slightly to 206,000
US unemployment claims dipped 1,000 to 206,000 last week, staying near historic lows and reinforcing the case for a potential Fed rate hike next week.
Swiss economy expands 1.9% in Q2, accelerating from first quarter
Switzerland's GDP grew 1.9% quarter-on-quarter in the second quarter, marking a sharp acceleration from the 0.6% gain in Q1 as annual growth reached 2.8%.
Swiss Anti-Nuclear Referendum Clear Hurdle With 125K Signatures
A broad coalition has gathered more than double the required signatures to force a national vote on banning new nuclear power plants, potentially putting the issue before Swiss voters by February 2027.
Asian Markets and Oil Prices Pause Ahead of U.S. Fed Policy Decision
Bond yields, crude benchmarks, and major equity indices across Asia are consolidating as traders await the upcoming Federal Reserve policy decision.
UK Inflation Expected to Rise to 3.1% in August on Fuel and AI Pressure
British inflation is forecast to climb from 2.9% to 3.1%, driven by higher fuel costs and an "AI-flation" effect from chip shortages, while gilt yields hit a 2007 high.
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.
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.
ECB Raises Key Interest Rate to 2.5%, Highest Since Early 2025
The European Central Bank hiked its deposit facility rate by a quarter-point to 2.50%, citing persistent inflation well above its 2% target amid Middle East conflict-driven energy costs.
US jobless claims rise slightly amid stable but cautious labor market
Initial claims rose 2,000 to 206,000 in the latest week, while continuing claims climbed by 8,000 to 1.78 million, signaling persistent hiring caution.
France’s debt hits 119.3% of GDP in 2026, EU monitoring continues
Public debt projections exceed EU limits, with deficits expected to remain above 5% through 2027 amid fiscal adjustments and economic challenges.