Bitcoin and gold drop after core CPI beats forecasts
Bitcoin and gold fell after August core CPI rose 0.3% MoM, above the 0.2% forecast, raising Fed uncertainty.
11/09/2026 12:564 min read
Macro News
Inflation, employment, growth data and central bank decisions, and how they reprice risk across markets.
August CPI holds at 3.4% annually, matching forecasts
August US CPI annual rate matched forecasts at 3.4%. Core CPI eased to 2.4%.
11/09/2026 12:436 min read
European markets wrap: Quiet session ahead of US CPI data
Markets were quiet ahead of US CPI data. UK GDP beat expectations. Oil fell 3% despite geopolitical tensions.
11/09/2026 11:519 min read
US CPI forecast distribution breakdown
US CPI forecast distribution shows consensus at 3.4% Y/Y and 0.2% core M/M. Only a soft core CPI may offer short-term relief.
11/09/2026 07:236 min read
UK economy expanded 0.4% in July, above expectations of no monthly growth
UK GDP rose 0.4% in July from June, beating forecasts for no change, as services led gains and annual growth reached 1.6%.
11/09/2026 06:125 min read
Jim Cramer: 30-Year Treasury Now the Dominant Market Force
Jim Cramer says the 30-year Treasury yield near 5.3% now drives stocks, overriding fundamentals.
11/09/2026 05:419 min read
Siegel Urges Fed to Hike Rates Next Week Despite Selloff Risk
Jeremy Siegel says the Fed must raise rates next week to maintain credibility, despite risk of a selloff.
11/09/2026 03:567 min read
GOP Faces Midterm Headache as Treasury Yields Stay Elevated
Rising 10-year Treasury yields near 4.85% pressure GOP midterm strategy as Trump pledges $5,000 payments amid debt concerns.
11/09/2026 02:578 min read
ANZ forecasts December ECB rate hike to 2.75% as tightening persists
ANZ expects ECB to hike again in December to 2.75% deposit rate; ING calls it an insurance move.
11/09/2026 02:3217 min read
August CPI Report to Shape Fed Rate Hike Odds Before Meeting
Friday's August CPI report, the final inflation data before the Fed's meeting, is expected to decide rate hike odds after PPI raised them above 70%.
11/09/2026 02:0117 min read
Lagarde to speak at French apple festival two days after ECB rate hike
Lagarde's Saturday apple festival speech may reinforce her inflation stance two days after ECB rate rise.
11/09/2026 01:4815 min read
Japan's wholesale prices stay high, strengthening case for BOJ rate increase
Japan's wholesale inflation stayed hot in August, reinforcing expectations that the Bank of Japan will raise rates next week.
11/09/2026 00:4116 min read
Asian equities fall on US inflation, rising yields and oil surge
Asian markets fell Friday as US inflation data and higher bond yields fueled rate hike expectations, with oil prices also surging.
11/09/2026 00:2316 min read
NZ manufacturing expansion moderates in August, employment stalls at breakeven
New Zealand's manufacturing PMI fell to 53.1 in August from 54.3 but remains above the long-term average. Employment stalled at 50.0.
10/09/2026 22:5112 min read
Euro Stablecoin Interest Frozen as ECB Deposit Rate Hits 2.5%
ECB raised its key rates by 25bp to 2.5%, but euro stablecoin holders see no benefit as MiCA bans interest payments.
10/09/2026 18:579 min read