Commodities
German fuel prices hit record high as state revenue rises
Super E10 prices averaged 2.286 euros per liter in Germany, driven by regulatory costs and debates over overproduction taxes.
Switzerland ranks 9th in WEF's Travel & Tourism Development Index
The index evaluates the conditions for sustainable and resilient tourism development, not tourism popularity. Japan leads the ranking, followed by the USA and Spain.
Dax dips as oil above $100 spooks European stocks
European equities opened lower on Thursday as Brent crude held above $100, weighed by renewed Middle East tensions and softening US tech sentiment.
Austria Plans 12-Cent Fuel Price Cut for Oct-Nov
Vienna will slash mineral oil taxes and trim refiner margins to lower pump prices by more than 12 cents per liter, citing inflation as a top priority.
Swiss Ständerat tightens UBS foreign-branch capital rules to 90% CET1
Reactions range from criticism to concern over proposed stricter capital requirements for UBS’s foreign subsidiaries, with industry groups warning of competitive risks and regulatory overreach.
European High-Yield Real Estate Debt Faces 2023-Style Stress as Zins Risks Emerge
European issuers of high-risk real estate debt are experiencing renewed pressure, mirroring the 2023 market turmoil triggered by rising interest rates and deteriorating refinancing conditions.
Eurozone yields near decade highs amid Brent crude surge and ECB-Fed watch
U.S. Treasury yields hover just below 5% as Brent crude climbs 3% ahead of ECB and Fed rate decisions.
SMI Reclaims Gains Before ECB, Copper Retreats From Record, Oil Holds Above $100
Swiss blue chips reversed morning losses ahead of an almost certain 25-basis-point ECB rate hike, while copper fell 2.2% from a record and Brent crude stayed above $100 on Middle East risk.
Swiss SMI up 0.2% pre-market as 18 of 20 components rise
Alcon shares decline sharply amid pre-market trading; Brent crude stays above $100 amid geopolitical tensions
SMI falls again as oil and inflation fears weigh on global markets
Swiss index slumps amid rising oil prices and US inflation concerns; Meta surges 6.6% on AI announcement.
Frankfurt Stocks Tumble as Brent Crude Breaks $100
The DAX fell 1.66% to 25,576.45 as Brent crude surpassed $100 a barrel, weighing on European equities ahead of the ECB's expected rate hike.
Oil, Inflation and Interest Rates: The Connection Traders Should Understand
Oil is usually associated with petrol stations, transportation and energy companies.
FTSE 100 drops 1.3% as Gulf strikes push Brent above $100
European shares retreated as oil surged above $100 following Iranian attacks on shipping and US forces, with markets pricing in a persistent risk premium.
European Gas At 3-Year Highs: Winners and Losers in the Energy Crunch
Rising gas and fuel prices reshape European equity markets, boosting energy and shipping while weighing on industrials and automakers.
European Stocks Fall as Crude Oil Holds Above $90 on Iranian Threats
Brent crude extends gains past $90 on Persian Gulf supply risks, compounding euro-area inflation pressure ahead of the ECB's expected rate hike.
Copper Hits Record as Novartis Drops on Study Miss; SMI Expected Lower
Copper surged to an all-time high above $14,500 a tonne on supply fears, while Novartis sank 5.2% pre-market after a failed muscle-disease study. The SMI was expected to open down.
Gold or Swiss Franc? How Two Safe Havens Behave in Times of Crisis
When financial markets become nervous, two names frequently return to the conversation: gold and the Swiss franc.
US stocks cautious as oil prices rise; Swiss franc strengthens on inflation data
Dow Jones and Nasdaq futures show muted gains ahead of key U.S. jobs data, while rising oil prices and geopolitical tensions curb risk appetite. Swiss franc surges to 0.9392 per euro after unexpected inflation jump.
Swiss shares rise as defensive stocks lead; gold rallies on softer jobs data
Swiss Market Index edges higher as Roche and other defensive stocks gain; gold jumps 0.63% on dovish US jobs report and weaker dollar. US semiconductor and software stocks diverge in premarket trading.
UBS flags commodities as inflation hedge amid Middle East risks
Strategists recommend broad exposure to energy, metals and agriculture as geopolitical tensions and weather patterns reshape supply. Brent crude near $87, European gas at 65 euros/MWh.
Global bond rout deepens as oil prices surge past $92; UK 30-year gilt yields hit 28-year high
Long-term UK borrowing costs rise to levels last seen in 1998 as oil climbs above $92 a barrel, while eurozone inflation hits a three-year high. Global bond markets extend sell-off amid inflation and fiscal concerns.
German 10-year Bund yield hits 15-year high as oil, rates rise
Ten-year German government bond yield climbs to 3.29%, highest since 2011, as U.S. rate hawkishness and Brent crude at $89.80 per barrel fuel bond selloff. Two-year Bund yield also hits multi-year peak.
Swiss diesel prices stay high despite falling Brent crude
Diesel at Swiss pumps holds near 2.20-2.30 francs/litre even as Brent crude dips 7% to $87/bbl. Global refining shortages, Russian export ban and record-low U.S. distillate stocks keep costs elevated.
India’s Russian oil imports fall from July record on supply constraints
Imports drop to about 2 million bpd in August from July’s peak of 2.8 million bpd as Ukrainian strikes and Chinese demand curb Russian supply. Refiners pivot to West African and American crude.