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US Debt Trap: A Crisis Without a Calendar

With a pin of Javier Milei’s signature chainsaw affixed to her jacket, Managing Director of the International Monetary Fund Kristalina Georgieva threw her support behind Argentina’s new administration in Washington last…

ECB Remains Focused on the Here and Now

At the turn of the year 2025-26, economic growth surprised on the upside while financial market sentiment remained strong despite high uncertainty. The war in the Middle East is now putting this resilience to the test. …

Alstom to build new battery-electric train fleet

Work to create the UK's first battery-electric trains for long-distance main line services is set to begin in 2028, the Department for Transport (DfT) has announced.

U.S. producer prices rise by 0.4% month-on-month in August

The U.S. Labor Department's August Producer Price Index (PPI) release is the primary focus for New York equity markets on Sept. 10. The prior session saw rising U.S. Treasury yields and surging oil prices chill investor…

ECB Hikes Interest Rates by 25bp to Bring Deposit Rate to 2.5%

European Central Bank (ECB) Executive Board member Isabel Schnabel said on Tuesday that the ongoing conflict in the Middle East, persistently high energy costs, and surprisingly strong Eurozone economic performance mean…

JP Morgan: Toto, I Don’t Think It’s the Fed Anymore

The upward march in bond yields continues to drive the market narrative. But the logic has shifted. The initial move began in the early summer with a Federal Reserve that investors initially perceived as hawkish, but a …