BofA: Warsh's Jackson Hole remarks pave way for September rate hike
Bank of America says Warsh's Jackson Hole speech raises pressure for a September rate hike unless data turns soft.
31/08/2026 02:2317 min read
Macro News
Inflation, employment, growth data and central bank decisions, and how they reprice risk across markets.
China's August manufacturing PMI tops consensus yet remains in contraction
China's official manufacturing PMI rose to 49.8 in August, beating expectations but remaining below the 50-point expansion threshold for a second month.
31/08/2026 02:0414 min read
Q2 inventory drawdown to weigh on Australian GDP
Private non-farm inventories fell 0.2% in Q2, subtracting 0.3pp from GDP, while credit and profits missed forecasts.
31/08/2026 01:519 min read
China August Manufacturing PMI Edges Up to 49.8, Beats Forecast
China's official August manufacturing PMI came in at 49.8, above the 49.7 forecast and the prior 49.2. Non-manufacturing PMI was 49.0 and composite PMI was…
31/08/2026 01:432 min read
ANZ survey: New Zealand business confidence slides to 53.7 in August (was 56.1)
New Zealand business confidence fell to 53.7 in August from 56.1, according to the ANZ survey.
31/08/2026 01:122 min read
Goldman Sachs holds firm on Fed rate pause after Warsh's hawkish remarks
Goldman Sachs maintains its view that the Fed will hold rates steady in September, as inflation data is unlikely to justify a hike despite Warsh's hawkish tone.
31/08/2026 00:3113 min read
Japan's industrial output and retail sales beat forecasts in July
Japan's industrial output and retail sales beat forecasts in July, but manufacturers expect a September decline.
31/08/2026 00:1315 min read
ASB preview: Path of least resistance points to RBNZ 25bp hike
ASB expects RBNZ to hike 25bp on Wednesday and signal at least one more hike, with OCR peak near 3.3%.
30/08/2026 23:4416 min read
Bessent urges G20 allies to address China's $1.2 trillion trade gap
Bessent presses G20 on China's $1.2 trillion surplus, keeps tariff truce on $30 billion in goods.
30/08/2026 23:2217 min read
ECB's Schnabel: Put euro on blockchain, stablecoins can't replace central bank money
ECB's Isabel Schnabel argued at Jackson Hole that the euro should be issued on a blockchain, and stablecoins cannot replace central bank money for settlement.
30/08/2026 22:279 min read
Split NZIER Shadow Board leans towards RBNZ rate hike this week
NZIER's Shadow Board reports a majority recommending a 25bp OCR hike to 2.75% on Wednesday, but several members prefer holding at 2.50%.
30/08/2026 22:2114 min read
Kevin Warsh's hawkish Jackson Hole speech lifts September rate hike odds, pressures stocks
Following hawkish remarks from Fed Chairman Kevin Warsh at Jackson Hole, implied probability of a September rate hike rose to 58%, pressuring equities.
30/08/2026 21:3115 min read
Asia calendar: China official PMIs due on 31 August 2026
China releases August official PMI data on Monday, with manufacturing consensus at 49.6.
30/08/2026 20:247 min read
US Treasury Details $97 Billion Yen Rescue Mechanism to Senator Warren
Treasury Secretary Bessent denies a US loan to Japan, detailing a yen asset swap instead of debt.
28/08/2026 23:2610 min read
Grayscale Research Says Government Debt Fuels 'Debasement Trade,' Boosting Bitcoin
Grayscale research links rising U.S. debt to a debasement trade that will benefit bitcoin, citing Treasury buyback moves.
28/08/2026 20:578 min read