Macro
EY Warns UK Faces Recession Risk as Middle East Conflict Drives Up Energy Prices
EY has warned that the UK economy could slip into a recession if the Strait of Hormuz remains closed, as surging oil and gas prices threaten to stoke inflation.
UK Economy Strengthens as Service Sector Recovers and Car Sales Rise
The UK economy shows signs of strengthening with a return to growth in the service sector and an increase in car sales.
UK and Eurozone Construction Downturn Eases as Economic Conditions Improve
Lloyds reports rising confidence in the construction sector as the downturn slows, though firms await broader economic movement.
U.S. Treasuries Surge Following Unexpected Job Losses
U.S. government debt prices rallied sharply following a shock contraction in domestic employment figures.
Canada Discusses Trade Concessions With US to Avert New Tariffs
Ottawa is reportedly engaging with Washington on potential trade concessions to prevent the implementation of new tariffs.
CFTC Releases Financial Futures Open Interest Data for August 4
The Commodity Futures Trading Commission published its latest open interest figures for financial futures markets.
Bitcoin Price Stalls Below $65K as US PMI Data Stokes Stagflation Fears
Bitcoin traded in a tight range below $65,000, diverging from equities and gold as fresh US purchasing managers' index data fueled concerns over potential stagflation.
Switzerland Adopts EU's 19th Sanctions Package Against Russia
The Swiss Federal Council has decided to adopt the European Union's 19th package of sanctions against Russia, effective February 26, 2026.
Switzerland Updates Sanctions Against Syria, FINMA Announces
The Swiss Federal Department of Economic Affairs, Education and Research has amended the sanctions ordinance targeting Syria.
Switzerland Updates Sanctions List Regarding Democratic Republic of Congo
SECO has published an amendment to the sanctions ordinance concerning the Democratic Republic of Congo.
Switzerland updates sanctions annexes on Iran
The Swiss Federal Department for Economic Affairs, Education and Research has amended annexes 12 and 14 of the 2025 ordinance governing measures against the Islamic Republic of Iran.
Switzerland updates sanctions regime against Myanmar
The Swiss Federal Department for Economic Affairs, Education and Research has issued an amendment to Annex 1 of the 2018 ordinance governing measures against Myanmar.
Switzerland updates sanctions regime against Sudan
Swiss Federal Department for Economic Affairs, Education and Research has published an amendment to the annex of the 2005 ordinance governing measures against Sudan.
Switzerland updates Taliban sanctions list under SR 946.231.07
The State Secretariat for Economic Affairs (SECO) issued an amendment to Switzerland’s sanctions list of individuals, companies and organisations linked to the Taliban, as required by the March 21 2025 regulation.
Fed bets cool, BOJ wagers heat up
Markets anticipate a more cautious stance from the Federal Reserve while the Bank of Japan appears poised for a more aggressive policy approach.
Switzerland Updates Sanctions List Targeting ISIL and Al‑Qaida Affiliates
The State Secretariat for Economic Affairs (SECO) published revisions to the sanctions roster covering individuals, firms and groups linked to ISIL (Da'esh) and Al‑Qaida, as mandated by the March 2025 ordinance.
