Spain’s economy grew by 0.6% quarter-on-quarter in Q3 2026, in line with expectations but easing from 0.7% in the previous quarter, according to preliminary estimates. The figures highlighted continued economic resilience despite rising inflationary pressures. Household consumption increased by 0.6%, while public spending rose 0.9%. Fixed investment remained subdued, growing just 0.1%. Net trade also […]
The cryptocurrency market is facing one of the biggest security crises in its history. Binance, the world’s largest cryptocurrency exchange, has fallen victim to a massive cyberattack, with the total scale of the incident estimated at approximately USD 6.3 billion. According to preliminary findings, the attack may have originated from the compromise of a laptop […]
Energy commodities are trading higher, led by European natural gas and UK natural gas, as gains extend across the major energy benchmarks. European natural gas has advanced 2.58%, while UK natural gas has gained 2.39%, placing both contracts at the top of the latest commodity performers. Oil prices are also moving higher, with Brent crude […]
The metals complex is facing broad-based selling pressure, with platinum, silver, lithium carbonate and gold all recording declines. Platinum leads the losses, falling 3.36%, followed by silver at 2.83% and lithium carbonate at 2.60%. Gold has also moved lower, declining 0.91%, indicating that weakness is extending across both precious and industrial metals. The latest performance […]
France’s annual inflation rate rose to 3.4% in October 2026, picking up from 3.1% in September and overshooting expectations of 3.2%, according to preliminary estimates. This marked the highest reading since December 2023, as energy inflation accelerated to 24.1% from 21.3%, driven by higher natural gas and petroleum product prices. Meanwhile, services inflation increased to […]
The UK Nationwide House Price Index rose 0.5% year-on-year in October 2026, the weakest growth since January 2024, down from 0.8% in September and below 0.6% forecasts. Monthly, prices were unchanged after a 0.3% decline. Nationwide Chief Economist Robert Gardner said market activity and house price growth have softened, reflecting an uncertain economic backdrop. He […]
Germany’s import prices surged 10.4% year-on-year in September 2026, accelerating from 8.3% in the previous month and exceeding market expectations of 10.3%. It was the highest level since November 2022, driven largely by a sharp rise in energy costs (61.8% vs 43% in August) amid the ongoing conflict in the Middle East. Electricity prices jumped […]
France’s economy contracted by 0.1% quarter-on-quarter in Q3 2026, following stagnation in Q2, defying expectations of a 0.1% expansion, preliminary estimates showed. Net trade subtracted 0.6 percentage points from GDP growth, reversing a positive 0.6-point contribution in Q2, as exports fell 1.7% after rising 2.8%, while imports edged up 0.1% following a 0.9% increase. Gross […]
Copper futures have fallen towards $6.50 per pound, extending losses for a second consecutive session as disappointing corporate earnings trigger renewed selling across technology and artificial intelligence stocks. The pullback highlights copper’s growing sensitivity to sentiment surrounding global technology investment. The metal is a critical component in data centres, electricity networks and power infrastructure, making […]
The offshore yuan is trading around 6.65 per US dollar, reaching its strongest level since April 2022 as robust export growth and increased conversion of foreign-currency holdings support demand for the Chinese currency. China’s export performance has provided a significant boost. Exports surged 36.3% year-on-year to USD 447.18 billion in September 2026, marking the fastest […]