INDEX
1520 ENTRIES · UPDATED 2026.09.28
1045
Kalshi permanently bans former GOP Rep. George Santos over illegal tradingThe prediction market platform Kalshi announced on Monday it has permanently banned former Republican Rep. George Santos and fined him $71,356 for allegedly using the app the trade on his own attendance at this year’s State of the Union address. In the weeks leading up the Presid
2026.08.311046
The US debt crisis just got uglier: Number to knowThe ugly US debt picture seems to get uglier by the day. Case in point: rising interest payments on some $40 trillion in debt, in part powered by a recent climb in Treasury yields. US annual interest expense is up to a record 18.5% of federal government revenue, according to fres
2026.08.311047
Bessent says he believes Japan will take action leading to stronger yenU.S. Treasury Secretary Scott Bessent told CNBC on Monday that he believes the Japanese government and the Bank of Japan will take action that leads to a stronger yen. "I have information that the market doesn't have, and it's my belief that the Japanese government and that the B
2026.08.311048
German inflation edges up in AugustThe just-released first estimate of August headline inflation shows a small uptick in headline inflation on the back of higher energy prices again. German headline inflation came in at 2.9% year-on-year in August, from 2.8% YoY in July. The European inflation measure, more releva
2026.08.311049
Market Complacency on US Fiscal RiskThe exorbitant privilege is the US’ ability to issue lots of debt at low yields while also enjoying a strong Dollar. You’d think this privilege would be eroding under the weight of endless policy noise and volatility. After all, it’s only a year ago markets were having a big deba
2026.08.311050
Restrained USD reaction to Warsh hawkishnessThe market was caught off guard by Fed Chair Warsh’s hawkish speech at the Fed’s Jackson Hole, Wyoming symposium on Friday. The reaction function – more in gold and US treasuries than in the stronger US dollar – was to a large degree the US Treasury’s fault. When the Bessent Trea
2026.08.311051
Something else Warsh said at Jackson HoleKevin Warsh used his first Jackson Hole address as Chairman to make an inflation-forward case, and the market heard it. Yields on two-year treasuries jumped 11 basis points on the day and the implied probability of a September interest rate hike jumped from 35% to 58%. The longer
2026.08.311052
German inflation rate of +2.9% expected in August 2026The inflation rate in Germany is expected to be +2.9% in August 2026. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that con
2026.08.311053
The US Dollar Consolidates Warsh-Inspired GainsThe US dollar is consolidating its pre-weekend surge spurred by the hawkish commentary that Fed Chair Warsh delivered at Jackson Hole. The last time the US two-year and the Dollar Index rose as much as in response to the hawkish hold delivered in the first FOMC meeting Warsh chai
2026.08.311054
U.S.-Iran escalation shows Washington's frustration with slow-moving sanctionsThe escalation in hostilities between the U.S. and Iran over the weekend shows the U.S. is running out of patience with the slower-moving sanctions approach, according to analysts. U.S. forces destroyed two Iranian rocket launchers on Larak Island on Sunday, as the Islamic Republ
2026.08.311055
GBP/USD: Retreats After Hitting Key Resistance as Fed Rate Hike Odds JumpThe GBP/USD exchange rate dropped sharply as investors reacted to the highly hawkish statement from Kevin Warsh at the Jackson Hole Symposium. It retreated to 1.3534, down modestly from this month’s high of 1.3675. Hawkish Federal Reserve Chair Boosts Rate Hikes Odds The GBP/USD
2026.08.311056
Bank of Canada set to grapple with renewed trade war pressures in rate decisionThe Bank of Canada finds itself in a familiar dilemma this week as the escalating trade war with the United States casts an uncertain light over Wednesday’s interest rate decision. The central bank has kept its benchmark rate on hold at 2.25 per cent for nearly a year now. Before
2026.08.31