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US President Trump: Iran is a failed state.

2026-10-13

US President Trump: Iran is a failed state.

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2026-10-13

Minutes of the Reserve Bank of Australia (RBA) Sep. 28–29 meeting, published Tuesday, show the board briefly considered leaving the cash rate unchanged but then voted unanimously to raise it to 4.6%. The minutes point to stronger-than-expected domest

Minutes of the Reserve Bank of Australia (RBA) Sep. 28–29 meeting, published Tuesday, show the board briefly considered leaving the cash rate unchanged but then voted unanimously to raise it to 4.6%. The minutes point to stronger-than-expected domestic demand and a spike in oil prices from the Middle East conflict that has increased global cost pressures. The board said timely action was needed to stabilize inflation expectations, noting financial conditions are restrictive but only modestly so. Given excess domestic demand and higher global energy costs, the RBA judged inflation may prove more persistent and said a fifth rate increase this year remains possible if required.
2026-10-13

BOFA FMS: Investors' outlook for global economic growth has turned negative; a net 4% of users expect the global economy to weaken over the next 12 months.

BOFA FMS: Investors' outlook for global economic growth has turned negative; a net 4% of users expect the global economy to weaken over the next 12 months.
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