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Italy's final second-quarter GDP annualized rate was 1%, in line with expectations and unchanged from the previous reading of 1.00%.

2026-09-01

Italy's final second-quarter GDP annualized rate was 1%, in line with expectations and unchanged from the previous reading of 1.00%.

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2026-09-01

South Korean President Lee Jae-myung: Interest rate hikes are inevitable.

South Korean President Lee Jae-myung: Interest rate hikes are inevitable.
2026-09-01

With eight months to the French presidential vote, markets are showing stress: France’s borrowing premium over Germany has climbed to levels close to the highs seen during the 2012 European sovereign-debt crisis. Investors are focused on who will suc

With eight months to the French presidential vote, markets are showing stress: France’s borrowing premium over Germany has climbed to levels close to the highs seen during the 2012 European sovereign-debt crisis. Investors are focused on who will succeed pro-business centrist Macron and how they would tackle a >5% fiscal deficit, rising debt servicing costs and growth teetering near recession. Front-runners on the extremes — Marine Le Pen on the right and Jean-Luc Mélenchon on the left — propose sharply divergent fiscal programs, including higher spending, lower retirement ages, partial debt forgiveness and even stopping France’s contributions to the EU. Gavekal Research CEO Louis-Vincent Gave says, absent a parliamentary majority, fiscal space or political capital, it is unclear how the government could staunch fiscal deterioration and the risk is that the bleed accelerates. The 15-year French government yield, viewed as less affected by short-term monetary policy, and its spread to the German same-tenor rate are near post-2012 peaks, signaling markets are pricing a structural deterioration in France’s long-term fiscal position relative to Germany.
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