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ECB Governing Council member Nagel: Low natural gas reserve levels are not a real concern.
2026-09-11
ECB Governing Council member Nagel: Low natural gas reserve levels are not a real concern.
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2026-09-11
Key Economic Data and Events to Watch Today: Friday, September 11, 2026 ① Pending: Domestic refined oil price adjustment window opens ② Pending: Russian President Putin visits India ③ 14:00 UK July 3-month GDP (MoM) ④ 14:00 UK July Manufacturing
Key Economic Data and Events to Watch Today: Friday, September 11, 2026 ① Pending: Domestic refined oil price adjustment window opens ② Pending: Russian President Putin visits India ③ 14:00 UK July 3-month GDP (MoM) ④ 14:00 UK July Manufacturing Output (MoM) ⑤ 14:00 UK July Seasonally Adjusted Goods Trade Balance ⑥ 14:00 UK July Industrial Production (MoM) ⑦ 15:00 Switzerland August Consumer Confidence Index ⑧ 16:00 IEA Monthly Oil Market Report ⑨ 20:30 US August Unadjusted CPI (YoY) ⑩ 20:30 US August Seasonally Adjusted CPI (MoM) ⑪ 20:30 US August Seasonally Adjusted Core CPI (MoM) ⑫ 20:30 US August Unadjusted Core CPI (YoY) ⑬ 22:00 US September 1-year inflation rate expectations (preliminary) ⑭ 22:00 US September University of Michigan Consumer Sentiment Index (preliminary) ⑮ 01:00 (next day) US total oil rig count for the week ending September 11
2026-09-11
Benedict Kukla, chief investment strategist at Indosuez Wealth Management, said in a report the ECB’s apparent sole focus on an energy supply shock is surprising. He said the bank has underweighted still-fragile demand and the lack of drivers for cor
Benedict Kukla, chief investment strategist at Indosuez Wealth Management, said in a report the ECB’s apparent sole focus on an energy supply shock is surprising. He said the bank has underweighted still-fragile demand and the lack of drivers for core inflation, and has not fully accounted for tightening in bond market rates. While the ECB retains credibility on inflation, Kukla warned there is a risk of over-tightening that could choke a nascent economic recovery.
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