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U.S. Treasury Secretary Bessent said Iran’s economy is being steadily squeezed and even its nominal allies are powerless to reverse it. The Treasury will not relent unless the Iranian regime’s coffers are exhausted and every financial lifeline suppor

2026-10-16

U.S. Treasury Secretary Bessent said Iran’s economy is being steadily squeezed and even its nominal allies are powerless to reverse it. The Treasury will not relent unless the Iranian regime’s coffers are exhausted and every financial lifeline supporting its war machine is cut.

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2026-10-15

UK GDP rose 0.1% in August, marking a third consecutive monthly increase and leaving GDP up 1.8% through the first eight months of the year, Deutsche Bank’s Sanjeev Raja said. He added the UK remains the fastest-growing G7 economy. Sector details sho

UK GDP rose 0.1% in August, marking a third consecutive monthly increase and leaving GDP up 1.8% through the first eight months of the year, Deutsche Bank’s Sanjeev Raja said. He added the UK remains the fastest-growing G7 economy. Sector details show consumer-facing services output fell 0.3% for a second month, information & communications output dropped 0.5%, and construction contracted 0.2% for a fourth month. Employment is down about 95,000. Raja said sustained energy prices are squeezing household incomes and higher interest rates are weighing on consumption and investment, though overall the economy remains resilient.
2026-10-15

Italian 10-year government bond yield fell 10 bps to 4.4657%, its lowest level since Sept. 23.

Italian 10-year government bond yield fell 10 bps to 4.4657%, its lowest level since Sept. 23.
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