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European Central Bank Chief Economist Lane: Rising long-term interest rates will slow growth and cause the transmission effect to be less than expected.

2026-10-05

European Central Bank Chief Economist Lane: Rising long-term interest rates will slow growth and cause the transmission effect to be less than expected.

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2026-10-05

Japanese refiner Taiyo Oil said Japan should continue to source the bulk of its crude from the Middle East because it is more cost‑effective, opposing government moves to diversify supplies after a US‑Iran war. Taiyo Oil’s CEO said national strategy

Japanese refiner Taiyo Oil said Japan should continue to source the bulk of its crude from the Middle East because it is more cost‑effective, opposing government moves to diversify supplies after a US‑Iran war. Taiyo Oil’s CEO said national strategy should prioritize buying crude at the lowest possible cost in peacetime while retaining flexibility to secure alternative supplies in a crisis, warned diversification would impose large peacetime costs, and recommended keeping Middle East supply share above 90%.
2026-10-05

The yield spread between French and German 10-year government bonds widened by 7 basis points to 147 basis points at the open.

The yield spread between French and German 10-year government bonds widened by 7 basis points to 147 basis points at the open.
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