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Germany's final second-quarter GDP annualized rate, adjusted for working days, was 1%, below the expected 0.9% and the previous reading of 0.90%.

2026-08-25

Germany's final second-quarter GDP annualized rate, adjusted for working days, was 1%, below the expected 0.9% and the previous reading of 0.90%.

Other News
2026-08-24

This news alone is not enough to cause a significant jump in oil prices because: the crew is safe; no pollution has been reported; the attackers have not yet been identified; and there is no evidence that the port of Yanbu itself has stopped loading

This news alone is not enough to cause a significant jump in oil prices because: the crew is safe; no pollution has been reported; the attackers have not yet been identified; and there is no evidence that the port of Yanbu itself has stopped loading oil. However, if it is subsequently confirmed that the attack was carried out by the Houthis, and there are subsequent attacks on the Yanbu shipping route/tankers, the impact will be significantly amplified. This is because the market's real concern is: can Saudi Arabia still reliably transport crude oil out of the Red Sea? If shipping from Yanbu is continuously disrupted, it could lead to: limited Saudi Red Sea exports – reduced global crude oil supply – Asian buyers seeking alternative supplies – increased tanker freight and insurance costs – and increased Brent crude oil risk premium. Conversely, if it is only a single attack without disrupting port operations or crude oil loading, the market impact may primarily be limited to shipping insurance costs and short-term risk premiums. The three most important indicators to monitor are: ① Yanbu crude oil loading volume; ② whether Saudi tankers continue to send ships to the Red Sea route; ③ whether the next ship will be attacked again north/west of Yanbu.
2026-08-24

UK Prime Minister Burnham said at a Willingness Alliance summit in Kyiv on the 24th he has approved providing Ukraine with the technology needed to produce Storm Shadow cruise missiles to help Kyiv develop indigenous long-range strike capability. Bur

UK Prime Minister Burnham said at a Willingness Alliance summit in Kyiv on the 24th he has approved providing Ukraine with the technology needed to produce Storm Shadow cruise missiles to help Kyiv develop indigenous long-range strike capability. Burnham said the UK first supplied long-range weapons to Ukraine in 2023. Ukrainian president ZELENSKIY requested the Storm Shadow technology so Ukraine can develop the capability domestically.
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