Macro
Crypto Week Ahead: USDC Updates, FOMC Minutes and Oil Focus
A look at key market catalysts for the week starting August 17, including the Coinbase-Circle USDC collaboration, upcoming FOMC minutes, and oil price trends.
Euro Zone Bond Yields Rise Amid US-Iran Standoff
European government bond yields ticked higher as escalating geopolitical tensions between the United States and Iran influenced market sentiment.
Morning Bid: Consumer Data Threatens Fed Cuts as Japan Weighs Hikes
Global markets eye upcoming U.S. consumer data that could keep the Federal Reserve on hold, alongside potential policy tightening in Japan.
Goldman Sachs Forecasts Continued Weakness in China Retail Sales Growth
Goldman Sachs projects that retail sales growth in China will remain subdued moving forward.
US Pressures EU to Deliver on Non-Tariff Trade Commitments
Washington has increased pressure on the European Union to fulfill its pending non-tariff trade commitments.
ECB Blog Warns of Potential Artificial Intelligence Market Correction
A recent European Central Bank blog post indicates that financial markets could face a correction driven by artificial intelligence valuations.
US Retail Sales Drop for First Time in Nine Months
United States retail sales registered a decline for the first time in nine months, according to economic data.
Five Key Factors to Watch in Global Markets This Week
Investors prepare for a busy week ahead as markets monitor critical economic indicators, policy updates, and corporate developments.
US Business Inventories Stall, Highlighting Softening Demand
Recent data shows US business inventories stalling, a development that points to potential concerns regarding forward economic demand.
Federal Reserve Rate Hike Bets Ease as Markets Await Retail Earnings
Expectations for an imminent Federal Reserve interest rate hike are fading as investors prepare for upcoming major retail earnings reports.
German Bund Yields Hold Near Multi-Day Highs Amid Easing Rate Hike Fears
German government bond yields remained steady close to multi-day highs as concerns over further interest rate hikes subsided.
China's New Home Prices Continue to Fall in July
New home prices in China extended their downward trajectory through July, reflecting ongoing weakness in the country's property sector.
China Industrial Production Slows in July Amid Weak Domestic Demand
China's industrial production growth decelerated in July as soft domestic demand weighed on the broader economic recovery.
Trump Imposes Tariffs of Up to 100% on Imported Drones
The incoming administration has announced steep trade levies reaching up to 100% on foreign-manufactured unmanned aerial vehicles.
Myanmar's Min Aung Hlaing Travels to Russia for Official Visit
Myanmar's military leader Min Aung Hlaing has departed for an official visit to Russia, according to state media reports.
China's Xi leads ceremony for Jiang Zemin's centenary
President Xi Jinping attends state event honoring former leader Jiang Zemin, underscoring political continuity amid economic challenges.
U.S. retail sales fall as consumer demand weakens
Monthly retail sales declined 0.6% in August, missing forecasts and signaling broader economic strain. Core sales also dipped, raising recession concerns.
U.S. retail sales unexpectedly decline in July
July retail sales fell 0.1% from June, missing forecasts, as higher prices and cautious consumer spending weighed on demand.
Canada wholesale trade jumps 2.8% in June to highest since April 2024
Monthly increase led by motor vehicle and machinery sectors, signaling resilient domestic demand amid inflationary pressures.
Massachusetts anti-hunger advocate fasts against Trump food stamp cuts
Activist begins hunger strike to oppose proposed reductions to SNAP benefits, citing concerns over food insecurity.
Sweden launches spending review commission to identify savings
New commission tasked with auditing state expenditures to reduce costs amid fiscal pressure. Review expected to inform budget proposals for 2025.
U.S.-Iran tensions fail to spark volatility as crypto, TradFi calm persists
Geopolitical risks between Washington and Tehran remain elevated, yet global markets—both traditional and crypto—show little reaction. Sovereign bond yields rise amid steady trading conditions.
China’s commercial banks see marginal rise in bad loans
Non-performing loan ratio ticks up as economic headwinds weigh on borrowers. Regulatory data signals modest deterioration in asset quality.
Slovakia’s industry faces de-industrialization risk, central bank warns
National Bank of Slovakia highlights structural challenges threatening the country’s manufacturing sector amid global competition and energy costs.
