UK shop price inflation rose to 2.1% year-on-year in October 2026 from 1.4% in September, marking the fastest increase since February 2024 and exceeding forecasts of 1.6%. Food price inflation accelerated to 2.9% from 2.5%, its highest since April, while ambient food inflation climbed to 3.2% from 2.2%, the highest since September 2025. Fresh food […]
The Chicago Fed National Activity Index in the US rose to +0.07 in September 2026 from -0.08 in August, suggesting economic activity increased. Production-related indicators contributed +0.13 to the Chicago Fed National Activity Index (CFNAI) in September, improving from –0.06 in August. The contribution from sales, orders, and inventories also strengthened, rising to +0.02 from […]
Italy’s 10-year BTP yield held around 4.55%, remaining near its highest level in three years, as traders continue to asses Europe’s fiscal position. Scope affirmed Italy’s sovereign credit rating at BBB+, along with a positive outlook, pending clarity on whether the government can maintain fiscal restraint in next year’s budget. This follows a similar decision […]
The CBI retail sales balance improved to -10 in November 2026 from -55 in October, the highest since April 2025 and above market expectations of -47. Retailers reported the smallest annual decline in sales in 18 months, while sales relative to the time of year were the strongest since May 2024. Expectations for November sales […]
The yield on the US 10-year Treasury note was little changed at around 5% on Monday, pausing a three-week decline that had pushed the benchmark yield close to one-month lows. Investors are bracing for a busy week of economic releases and the Fed’s monetary policy decision. The Fed is widely expected to leave interest rates […]
France’s 10-year OAT yield fell back below 5% at the end of October after reaching its highest level since June 2002 last week, as a sell-off in French government bonds eased following Moody’s decision to maintain the country’s sovereign credit rating. The market also found some relief after weekend protests passed without the widespread unrest […]
Germany’s Ifo Business Climate Index edged up to 90.2 in October 2026, its highest level since May 2023, slightly above market expectations of 90.0. The improvement was driven by more optimistic business expectations, which rose to 91.6 from 90.4 in September, suggesting that the economic recovery is gaining momentum despite an energy price shock that […]
European government bonds traded mixed, with Germany’s 10-year Bund yield rising to 3.37% as safe-haven demand weakened, while France’s 10-year yield retreated below 5% as selling pressure eased following Moody’s decision to maintain the country’s sovereign credit rating. A modest decline in oil prices also supported European bonds, as investors turned their attention to upcoming […]
India’s 10-year government bond yield stood at 7.465%, remaining near its highest level since March 2023 as elevated oil prices and expectations of further monetary tightening weighed on bonds. Brent crude surged above USD 117 a barrel last week amid Middle East supply concerns, heightening inflation risks for India, which imports nearly 90% of its […]
UK 10-year gilt yields edged down to 5.35% as investors awaited Wednesday’s budget, with expectations that Chancellor John Healey will adhere to fiscal rules helping ease pressure on government bonds. According to the Financial Times, the government plans to provide £20.4 billion in additional funding to the National Wealth Fund and British Business Bank through […]