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WTI crude futures topped $83/bbl, up 2.33% on the day.

2026-08-27

WTI crude futures topped $83/bbl, up 2.33% on the day.

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2026-08-26

Global central bankers meet in Jackson Hole this week to reassess inflation and the risk that renewed supply shocks could push borrowing costs higher. Thin Ice Macro economist Spiros said policymakers will likely err on the side of caution, treating

Global central bankers meet in Jackson Hole this week to reassess inflation and the risk that renewed supply shocks could push borrowing costs higher. Thin Ice Macro economist Spiros said policymakers will likely err on the side of caution, treating inflation as the most feared risk because supply shocks can occur unexpectedly. SOCGEN US head of research Subhadra Rajappa countries said’ exposure to energy-price swings differs with import dependence, leaving Europe and Japan more sensitive to Middle East developments and oil. Goldman Sachs’ chief Europe economist said policy rates in the US and UK remain restrictive, giving the Fed and Bank of England more time to observe how energy-driven shocks evolve. Former Philadelphia Fed president Patrick Harker said the Iran war has shifted policymakers’ framing and choices, and that the global economy is now facing multiple simultaneous supply shocks.
2026-08-26

UK August CBI retail sales expectations index rose to -22 from -26, the highest reading since March.

UK August CBI retail sales expectations index rose to -22 from -26, the highest reading since March.
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