US President Donald Trump said on Sunday that he believes the war with Iran will be won “very soon,” adding that additional military strikes before the midterm elections are possible, Fox News reported. “I think what’s going to happen is we’re going to win this war very soon, and as soon as we win it, […]
The consumer confidence indicator in the Philippines rose to -29.8 in the third quarter of 2026 from -42 in the previous quarter, which marked the weakest reading since Q4 2020 during the COVID pandemic. The improvement was driven by expectations of higher earnings, additional sources of income, and more stable employment. All three major component […]
Japan’s benchmark stock market index is trading around 66,845 points, its highest level since August 2026, as the broader equity market maintains its upward momentum. The index has gained approximately 0.52% over the past four weeks and is up 48.19% over the past 12 months, highlighting the strength of the longer-term advance. The market is […]
European Central Bank (ECB) Vice President Boris Vujcic said on Friday that the ECB started a tightening cycle and sees a “risk of higher for longer energy prices.” He added that diesel prices will stay high for a long time, feeding into inflation. Key highlights: We have started a tightening cycle See risk of higher […]
The Cleveland Federal Reserve (Fed) President Beth Hammack said on Friday that “the biggest risk with inflation is the formation of an inflationary mindset”, in a panel discussion hosted by the Cleveland Fed, with Vujcic, the Vice President of the European Central Bank (ECB), and Bank of Mexico’s (Banxico) Deputy Governor Jonathan Heath. Hammack reiterated […]
Mexico’s unemployment rate edged up to 3.0% in August 2026 from 2.9% in July, matching forecasts. The unemployed population totaled 1.9 million. The unemployment rate was 3.1% among women and 2.9% among men. Regarding the duration of unemployment, 43.1% of the unemployed had been without work for one month or less, while 32.5% had been […]
New orders for US-manufactured durable goods were largely flat month-over-month at $338.6 billion in August 2026, following two consecutive monthly increases and compared to market forecasts for a 0.4% decrease. Orders declined for transport equipment (-0.6%), namely nondefense aircraft and parts (-4.3%) and vehicles and parts (-0.6%), as well as fabricated metal products (-1.3%). Conversely, […]
UK 10-year gilt yields rose to 5.4%, a near two-decade high, as investors digested a series of comments from Bank of England policymakers for further clues on the monetary policy outlook. BoE Governor Andrew Bailey said persistently high energy prices would make it harder for the central bank to keep rates on hold, while MPC […]
Germany’s 10-year Bund yield climbed back above 3.6%, its highest level since June 2009, marking a seventh consecutive weekly rise as elevated energy prices fuel concerns over renewed inflationary pressure and hawkish central-bank signals lift rate expectations. Money markets are now pricing in roughly 100 basis points of ECB rate hikes by late 2027. Investors […]
The US 10-year Treasury yield hovered around 5.2% on Friday, near its highest level since mid-200. Traders refocused on hawkish comments from Fed officials, while a lack of concrete progress in US-Iran negotiations to end the conflict continued to fuel concerns about inflation. Meanwhile, the University of Michigan’s consumer sentiment survey confirmed a sharp rise […]