Global investors began the week confronting a familiar but increasingly serious risk: disruption to one of the world’s most important energy corridors. Brent crude futures rose $1.03, or 1.1%, on 7 September to settle at $97.31 a barrel. The international benchmark touched $98.06 during the session, its highest level since 24 July. US West Texas […]

Summary: Federal Reserve Governor Christopher Waller said he could support leaving interest rates unchanged in September if August data confirms that inflation is cooling. His remarks reduced the market-implied probability of a rate increase from roughly 63% to about 50%, helping equities rally and Treasury yields retreat. Investors should treat the reaction as a repricing […]

Summary: Government bond yields rose sharply across several major economies on September 2, extending a global repricing driven by persistent inflation, expanding public debt and expectations that interest rates may remain elevated. Japan and the UK recorded especially notable yield milestones, while U.S. markets recovered late in the session. For investors, the episode is another […]

Summary: Global government bonds sold off sharply on September 1, sending yields to levels not seen for years or, in Japan’s case, decades. The synchronized move reflects persistent inflation, expectations of tighter monetary policy and growing concern over government borrowing. For investors, the central issue is whether higher long-term yields represent another temporary shock or […]

Summary: Investors entered September confronting a substantially more hawkish Federal Reserve outlook. After Chair Kevin Warsh warned that underlying inflation had not improved meaningfully, futures markets raised the probability of a September rate increase to 64%. The repricing lifted bond yields, strengthened the case for tighter financial conditions, and made forthcoming employment and inflation data […]

Summary: South Korea’s central bank raised its policy rate by 25 basis points to 3.00% on August 27, its second consecutive increase. The decision reflects persistent underlying inflation, rising housing and household-debt risks, and an economy growing considerably faster than previously expected. For investors, the move reinforces the prospect of higher Asian interest rates and […]

Summary: Nvidia reported fiscal second-quarter revenue of $96.2 billion, more than double the year-earlier level, as demand for AI computing infrastructure continued to surge. Its $108 billion forecast for the current quarter exceeded analysts’ expectations. For investors, the results strengthen the case that AI capital expenditure remains a powerful earnings driver, while also highlighting supply […]

Canada escalated its trade dispute with the United States on August 25, announcing new tariffs on C$27.6 billion of American goods. The measures will take effect on September 8 and apply at rates of 15%, 25%, and 50%. Ottawa said each product’s rate would correspond to the rate applied by the United States to comparable […]

Summary: The U.S. Treasury has formally doubled the permitted size of certain long-dated bond-buyback operations. On August 24, markets also learned that its roughly $935 billion cash balance could be available to finance further purchases. The latter is an option, not an announced policy. Investors must now decide whether the initiative will improve market liquidity, […]

Summary: U.S.–Canada trade negotiations ended without an agreement, allowing new 50% U.S. tariffs on approximately $20 billion of Canadian products to take effect. Canada plans an equivalent response from September 8. Although the measures cover only part of bilateral trade, they deepen uncertainty around North American supply chains and the approaching review of the USMCA […]