Fed's Collins: Absent new tariff and oil shocks, there is reason to believe inflation will ease Trump signs executive order renaming Lake Ontario to Lake America Fed's Hammack: Next year inflation might ease to around 2.5% at best U.S. Treasury sells $44 billion of 7 year note that a high yield of 4.512% Fed's Hammack: It's appropriate to put some restraint into rates Canada Q2 current account…

EUROPEAN SESSION In the European session, we get the preliminary inflation reports for France and Spain. They are both expected to rise given the increase in energy prices in August, but the focus will be on the core figures. Nevertheless, the ECB has already pre-committed to a rate hike in September and signalled that there's less appetite to tighter further afterwards, so the market reaction…

Prior -0.2% GDP Y/Y +0.5% vs +0.7 expected Prior +0.9% France's economy stagnated in the second quarter of 2026, with real GDP unchanged from the previous quarter after contracting 0.2% in Q1. While a sharp rebound in exports helped stabilize growth, household purchasing power weakened further and savings fell markedly as inflation accelerated. Household consumption returned to growth during the…

The stronger than expected reading reinforces the case for a BOJ rate hike as soon as its September 17-18 meeting, with the core-core gauge the central bank watches most closely now sitting just 2 basis points shy of an even rounder milestone above target. Coming alongside a sharp acceleration in wholesale inflation to 7.2% in July, the data supports the view that Middle East related cost…

Prior +3.6% HICP +4.5% vs +4.6% y/y expected Prior +3.9% Core CPI Y/Y +2.9% vs +3.0% prior Spain's annual inflation rate accelerated sharply in August, with rising fuel costs pushing headline inflation to its highest level in more than a year. The main factor behind the acceleration was the fuel and lubricants component, where prices increased compared with declines recorded in August 2025. The…

Prior +2.1% HICP +2.7% vs +2.6% y/y expected Prior +2.4% French inflation picked up in August with stronger energy prices offsetting softer pressures from the services sector. The acceleration was primarily driven by energy costs, particularly petroleum products, which increased at a faster pace than in the previous month. Food prices also contributed modestly to the uptick in inflation, while…

Japan Tokyo CPI August 2026, y/y: Headline CPI 1.9% expected 1.9%, prior 2% Core CPI (excludes fresh food) 1.8% expected 1.7%, prior 1.9% CPI Ex Food and Energy (core-core and the closest to US core CPI measure) 2.0% expected %, prior 2% --- Japan July Unemployment Rate 2.4% expected 2.5%, prior 2.5% Jobs/applicatints ratio 1.18 expected 1.19, prior 1.18 --- I'll have more to come on this…

A number of Wall Street banks, including Jefferies, raised their price targets for the cybersecurity’s stock following its record-breaking results.

Nvidia’s stock soars higher after earnings.

“These shares are the only assets in her estate without designated beneficiaries.”

Salesforce’s earnings showed that AI isn’t killing traditional software, and that the operators of major AI models are willing to strike partnerships with legacy vendors.

Crude oil prices were on course to book another weekly loss despite no sign of any progress being made towards peace between Iran and the United States. At the time of writing, Brent crude was trading at $89.17 per barrel, with West Texas Intermediate at $83.19 per barrel. Brent was down by 5.3% over the week, and WTI was set for a 4.3% decline, Reuters reported earlier today. The price trend is…

Oil volumes moving out of the Persian Gulf have recovered to about two-thirds of the typical levels from before the Iran war, Goldman Sachs says, noting that the jump in exports could cap oil prices even if the Middle East conflict drags on further. As many as 15 million to 16 million barrels per day (bpd) of crude and petroleum products are now leaving the whole Middle East region, about 5 to 6…

Germany July import prices +0.2% m/m Prior -0.7% Germany July import prices +6.8% y/y Prior +6.1% Import prices in Germany continue to pick up, with the annual estimate now rising to 6.8%. The main culprit continues to be energy prices, which has surged higher compared to last year due to the US-Iran conflict. But even so, we are seeing spillover impact to the likes of raw materials and metals.…

Oil supply has been rising out of the Gulf, but strategists at RBC Capital Markets warn of a lot more hurdles facing the market.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

While investors in World Liberty Financial‘s USD1 stablecoin “haven’t suffered major losses,” many lost billions of dollars in other Trump ventures, according to Public Citizen.

The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA buybacks.

OneKey said it reproduced an exploit against an older version of the Ledger app in its lab environment, which Ledger fixed in its Ethereum app 1.22.2, with no user funds lost.

Eligible holders on Base and BNB Chain will receive Ethereum-based SAND from the project’s treasury, with claims expected to open within two weeks.

BitGo completed its acquisition of NYDIG’s institutional trading business, adding about 30 employees and expanding its derivatives and financing capabilities.

Europe is heading for the winter with one of the lowest levels of gas in storage in the past two decades as the war in the Middle East crippled LNG supply from Qatar, sent gas and LNG prices in Europe and Asia skyrocketing, and intensified competition for the shrunk pool of readily available global LNG cargoes. A perfect storm of elevated demand for filling depleted storage and electricity during…

August final consumer confidence -15.5 vs -15.5 prelim Prior -15.9 August economic confidence 98.4 vs 97.5 expected Prior 96.9; revised to 97.1 August industrial confidence -5.3 vs -5.2 expected Prior -6.1 August services confidence 5.8 vs 4.9 expected Prior 4.7; revised to 5.1 The recovery continues for euro area economic sentiment at the tail end of the summer, bolstered by better confidence…

Harald V, who was Europe's oldest reigning monarch, has died at the age of 89. His son will reign as King Haakon VIII.

Drought and extreme heat are drying up rivers and farmland across Europe.

The transaction used the Marshall Islands-issued USDM1 bond as collateral and completed the full repo cycle on the Canton Network in under 10 minutes.

The framing of continued dollar-system access as contingent on Iran sanctions compliance raises the stakes for any G20 member with residual Iranian trade ties, adding a fresh layer of geopolitical risk premium to energy and shipping markets tied to Iran. The administration's emphasis on trade imbalances and excess capacity, language consistently used in reference to China's export model, signals…

90% of economists expect RBNZ hike on September 2, poll shows Yen weakness back in focus as Katayama, Ueda head to G20 meeting Jackson Hole preview: Fed Chair Warsh likely to skip September and December rate signals China's planner accelerates infrastructure and private investment push Preview: Inflation and growth strength point to further RBNZ tightening, BNZ says US to press G20 on growth,…

Three of China’s top solar market players reported deepening losses over the first half of the year, reflecting weakening demand for solar in the world’s top manufacturer and generator. Jinko Solar, JA Solar Technology, and Tongwei all reported six-month losses as overcapacity in the sector meets weakening demand, not only at home but also abroad, Bloomberg reported, citing statements made by the…

The death toll from the disaster that struck on Wednesday has already surpassed 470.

The US has not won the war, but sustained pressure is weakening Tehran and giving Washington a stronger hand.

Over 1,500 people remain missing as rescue paused near the Nepal-China border amid fears of further flooding.