View:
September 16, 2026
UK CPI Higher in August But as Expected
September 16, 2026 7:20 AM UTC
Headline inflation increased to 3.1% in August from 2.9% before and in line with expectations with the largest upward contribution coming from transport and in particularly motor fuels. The figures are not a surprise given that July’s short-lived dip in petrol and diesel prices were reversed in
UK CPI Higher in August But as Expected
September 16, 2026 7:20 AM UTC
Headline inflation increased to 3.1% in August from 2.9% before and in line with expectations with the largest upward contribution coming from transport and in particularly motor fuels. The figures are not a surprise given that July’s short-lived dip in petrol and diesel prices were reversed in
September 15, 2026
Back at 5%: Unpacking the US Treasury selloff
September 15, 2026 2:55 PM UTC
* USTs revisit the big psychological level after big selloff
* Sep move has been mainly policy led, with the curve responding
* Longer term trend has been a real risk premium story – with real rates backup led by additional risk/compensation/reduced scarcity effects. Breakeven inflation expectatio
China August Activity Data Review: Further Divergence among the Three Horses
September 15, 2026 1:01 PM UTC
China’s economic imbalances continued to deepen in August, as sluggish retail sales and a fixed-asset investment slump highlighted persistent weakness in domestic demand, with analysts expecting more policy stimulus from Beijing to stave off downside risks. Export and Industrial numbers again salv
Preview: Due September 16 - U.S. August Retail Sales - Autos and non-store sales to lead bounce from weak July
September 15, 2026 12:57 PM UTC
We expect August retail sales to rise by 1.0% in a rebound from a 0.6% July decline that was the first fall since October 2025. Autos and non-store retailers will lead the rise, the latter due to July being depressed by Amazon running a promotion in June rather than the usual July.
U.S. September Empire State Manufacturing Survey - Some loss of momentum, prices firm
September 15, 2026 12:47 PM UTC
September’s Empire State manufacturing index at 7.6 is still positive but down from a very strong 20.6 in August that was the strongest since December 2021. The data follows modest slowing in August’s ISM and S and P manufacturing PMIs, though both also remained clearly positive.
FX Daily Strategy: N America, Sep 15
September 15, 2026 9:14 AM UTC
Spec data shows mkt turned long kiwi - often a contrary indicator
Risk sentiment turns weaker, squeezing dollar, as oil catches up with sentiment; AI complications
Soft UK labour market data, followed by CPI, provide the run in to the next BoE meeting