Singapore’s S&P Global PMI fell to 58.1 in September 2026 from a record 59.4 in August, but still signaled another strong improvement in private-sector business conditions. Growth was supported by a marked rise in new orders, driven by robust demand, expanding customer bases and successful business development, which helped activity accelerate. Real estate and business […]
Japan’s S&P Global Services PMI Business Activity Index stood at 51.3 in September 2026, down from a flash reading of 51.6 and August’s 52.5. The latest result was below the average in 2026 so far, as new orders rose at a softer pace, partly reflecting disruptions from the Kumamoto earthquake, while export orders continued to […]
European natural gas prices are rising above €76/MWh, reaching their highest level in two weeks as renewed concerns over LNG supply through the Strait of Hormuz increase the risk of tighter European energy markets. The strategic waterway remains critical to global energy flows, and continued security risks are creating uncertainty around the reliability of LNG […]
Australia’s Melbourne Institute Monthly Inflation Gauge rose 0.3% month-on-month in September 2026, slowing from a 0.5% increase in the previous month and marking the softest reading since June. The moderation suggests that tighter monetary policy is helping curb price pressures, with the three cash rate increases since the start of the year tightening financial conditions […]
EUR/USD enters the new week attempting to stabilise after a sharp four-session decline pushed the pair into deeply oversold territory. The euro recovered from around 1.1230 to 1.1260 in the latest session, while the 14-day RSI fell to approximately 21.5, one of the lowest readings seen on the pair in years. The extreme technical conditions […]
Private credit markets are showing early signs that the intense redemption pressure seen during 2026 may be starting to moderate. Blue Owl Capital has become one of the clearest indicators of investor stress in the sector, and the latest figures show withdrawal requests from two major funds declining for a second consecutive quarter. Investors sought […]
Brown Brothers Harriman’s Elias Haddad reports EUR/USD has slightly recovered after hitting fresh cyclical lows, with support at 1.1200 and 1.1111. Mixed Eurozone CPI keeps inflation above target and allows the ECB scope for further hikes, but stronger US growth and France’s worsening budget situation leave EUR/USD risks skewed to the downside over the coming […]
ABN Amro’s Rogier Quaedvlieg notes September US labour market data came in weaker than expected, with payrolls at 29k versus consensus 90k and prior months revised down by 60k. He see the report as mixed but consistent with its base case and reducing pressure for an October Fed hike. Weaker jobs and wages temper Fed […]
Royal Bank of Canada analysts review Canada’s September labour report, the first full dataset since U.S. Section 338 tariffs took effect. They estimate around 0.4% of Canada’s GDP and employment is tied to tariff-listed US demand. The bank expects tariffs to stall, but not reverse, labour market progress, with modest job gains and the unemployment […]
Standard Chartered Global Research team discusses Euro area monetary policy, noting that core inflation has only edged up slightly since January and that higher yields pose downside risks to both growth and inflation. The authors judge that these factors reduce the chances of an October rate hike and expect the Governing Council to wait for […]