Market News

US producer prices rose 0.4% month-on-month in August, following a revised 0.1% increase in July. The reading matched market expectations and marked the strongest monthly increase in three years.

The Japanese yen has extended its recovery, pushing USD/JPY below 155 after a 1.2% decline on Monday and a nearly 2.4% drop last week. The move brought the yen to its strongest level against the dollar since February.

Scott Bessent’s Treasury strategy may begin in the bond market, but its effects could quickly spread to the dollar, gold, equities, Bitcoin and major FX pairs.

German consumer confidence showed further signs of recovery heading into September, although households remain cautious about spending. The GfK Consumer Climate Indicator rose to -26.6 for September 2026, up from a revised -29.4 in August.

The latest Federal Reserve minutes show that inflation remains a central concern for policymakers, even as recent economic data has reduced the urgency for another rate increase. Some officials believe price pressures are becoming more widespread, while a smaller group directly supported further tightening.

Recent US inflation data is strengthening the case for a more patient Federal Reserve. While inflation remains above the central bank's target, the latest figures point toward gradual normalization rather than another broad acceleration in price pressures.

The UK economy grew at a slower pace in the second quarter of 2026, with services and business investment providing much of the support.

Business sentiment among Japan’s largest manufacturers improved in August 2026, supported mainly by continued strength in semiconductor-related industries. The Reuters Tankan manufacturing index climbed to +18 from +13 in July, reaching its highest level since March.