Économie

Swiss favor capital-and-annuity blend for retirement, study finds
A sixth survey by Lucerne University shows half of respondents prefer mixing lump-sum payouts and annuities, while only 60% income replacement falls short of what most deem adequate.

Euro yields rise as crude nears $100 and ECB hike looms
European bond yields climbed as Brent crude approached $98 and an ECB rate hike loomed, while U.S. Treasuries firmed ahead of Fed and CPI data.

Thousands rally in Berlin against Germany's far right
Thousands of demonstrators gathered in Berlin to protest against Germany's far right, according to a Reuters video report.

Bank of Canada holds key rate at 2.25% as tariffs and oil prices cloud outlook
The central bank kept its overnight rate at 2.25% and warned that new U.S. tariffs and volatile oil prices increase inflation risks despite a strong Q2 rebound.

Citi Flags Five Market Worries Investors Should Watch
Citi strategists maintain a long-risk stance while outlining five key threats: a hawkish Fed, rising bond yields, Japan carry unwind, oil disruption, and European gas pricing.

China's August Exports Jump 25%, Trade Surplus Hits $119.1 Billion
China's trade surplus swelled as exports rose 25% year-on-year, driven by auto and AI shipments, while imports grew 28.2% — slightly behind forecasts.

UK Budget Faces Oil Shock, Gilt Sell-Off and Trump Policy Headwinds
Healey’s October budget may be constrained by higher borrowing costs, an oil-price spike and fiscal headroom that could shrink if the OBR uses current market conditions.

Kanada setzt Gegenzölle auf US-Stahl, Aluminium und andere Importe ab 8. September
Kanada führt ab Dienstag Gegenzölle im Wert von bis zu 27,6 Mrd. USD auf US-Importe ein, nachdem die USA zuvor 20 Mrd. USD kanadischer Waren mit Strafzöllen belegt hatten.

Economic Calendar: Germany, France, U.S. Trade Data on Sept. 8
Germany and France release July trade balance figures, while the U.S. reports consumer credit and China posts its August trade surplus data.

Calendrier économique suisse : événements clés 8-15 septembre
Les résultats des obligations fédérales, les données relatives à l'inflation de la BFS et les données sur les hôtels, les mises à jour de Repower et de Sandoz figurent parmi les évènements marquants de cette semaine en Suisse, qui a également été riche en lancements de résultats et de décisions.

SMI Lower Before Trading, Asian Markets Mixed on Yen Strength
Switzerland's SMI futures point lower after Monday's decline, while Asian equities show mixed results as speculation builds around further Bank of Japan rate hikes.

AI Boom Creates Next Bottleneck: Energy Demand Surges
New AI data centers require gigawatts of power, sparking a global race for electricity supplies and pushing energy stocks into focus.

Robust US payrolls data reinforces rate‑hike expectations, prompting gold to ease while markets await inflation prints
Strong US jobs numbers have bolstered expectations of further Federal Reserve rate hikes, pushing gold lower as investors await upcoming inflation data.

Robust US payrolls data reinforces expectations for higher rates, impacting gold ahead of inflation data
Strong US payrolls data has heightened expectations for higher interest rates, influencing gold as the market awaits upcoming US inflation figures.

Indian rupee and bond markets navigate RBI dollar-selling intervention and liquidity actions
The Indian rupee and bond markets are responding to the Reserve Bank of India's dollar-selling intervention and associated liquidity measures.

US stocks fall after hot jobs report
US equities declined after a stronger‑than‑expected employment report raised expectations for Federal Reserve rate moves.

Eurostat: Eurozone Q2 GDP rises 0.6%, employment up 0.1%
Eurostat's second estimate shows euro-area growth accelerating from a flat first quarter, with exports and household spending offsetting inventory declines.

ECB Widely Expected to Raise Interest Rates Ahead of Thursday Decision
Markets broadly anticipate the European Central Bank will implement another interest rate hike at its upcoming policy meeting.

Goldman Sachs and Deutsche Bank Offer Credit Baskets on French Election Outcome
Banks are marketing AT1 bond baskets and total-return swaps tied to France's April presidential vote, as political risk and a budget deficit above 5% weigh on French credit spreads.

Markets prepare for US inflation data after mixed Asian session, tech rally
Global markets are looking ahead to upcoming US inflation figures, following a day of varied performance in Asian equities and strength in technology shares.

BLS revises NY employment up, Buffalo job growth weaker
Preliminary BLS employment data indicates an upward revision to New York statewide employment, while Buffalo job growth appears weaker than earlier estimates.

US manufacturing employment rises to 12,638 in August 2026
FRED data from the Bureau of Labor Statistics show seasonally adjusted manufacturing payrolls increased from 12,622 in July to 12,638 in August 2026.

UBS forecasts two US Federal Reserve rate hikes in 2026 following a strong jobs report
UBS forecasts two US Federal Reserve rate hikes in 2026 after a strong jobs report.

UBS expects Fed to lift rates twice by end-2026
UBS analysts expect quarter-point Fed hikes in September and December 2026, but say the forecast is not high conviction and depends on CPI and labor data.

SNB Foreign-Currency Reserves Rise to CHF 770.1 Billion in August as Growth Slows
The Swiss National Bank reported that its foreign-currency reserves increased to CHF 770.1 billion in August, up CHF 1.9 billion from July, marking the third straight monthly gain but showing a slowdown after a larger summer surge. Gold holdings also rose sharply, while official reserve assets excluding gold edged higher.

