Economic events
Swiss central bank says tariffs are a ‘major challenge’ as deal with U.S. remains elusive
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images The Swiss National Bank said Thursday that tariffs on goods to the U.S. present a “major challenge” for exporters, with its economy set to take a hit. The country has swallowed some of the highest […]
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European stocks open lower ahead of U.S. jobs data; H&M surges on earnings beat
Europe-listed stocks opened lower on Thursday, as investors await the latest U.S. jobs data. The pan-European Stoxx 600 was 0.6% lower by 8:14 a.m. in London (3:14 a.m. ET), with most sectors in negative territory. Retail was a bright spot, with the Stoxx Europe 600 Retail index adding 0.6% in early trade. Fashion retail giant […]
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Investors turn bullish on Indian stocks after a year of underperformance
Key Points Investors said Indian valuations have become cheaper compared to other emerging markets, and the domestic economic outlook is improving. “We think Indian equities now look attractive on a regional basis and upgrade the market to overweight (from neutral),” HSBC analysts said. Market participants said the 50% tariffs imposed on Indian exports to the […]
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UK bank bosses demand policy stability ahead of critical budget
The City of London financial district at sunrise. Alexander Spatari | Moment | Getty Images Bank chiefs in London are calling for greater policy clarity and stability amid fears that looming tax hikes in the forthcoming U.K. budget could hit the financial services sector. Speaking with CNBC’s Steve Sedgwick and Ritika Gupta in London’s Canary […]
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New home sales soar 20% in August to a three-year high
Sales of newly built homes rose a much larger-than-expected 20.5% in August compared with July to the highest level since January 2022, according to the U.S. Census. It is also the largest one-month gain since August 2022. Sales were 15.4% higher than August 2024. This count is based on people out shopping in August and […]
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CNBC’s UK Exchange newsletter: From thoroughbreds to unicorns — how Britain’s startup sector is evolving
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch The U.K. government is pleased with how U.S. President Donald Trump’s historic second state visit went last week. In particular, there is satisfaction at the £150 billion ($203 billion) worth of investment decisions announced, even though some were already known […]
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Japan shares keep breaking records as reforms, foreign inflows outweigh political risks
Japanese equities are extending record highs, fueled by steady inflows from foreign investors and governance reforms. However, risks remain — from political instability to a potential yen spike or U.S. market downturn — but analysts say such shocks are more likely to trigger buying opportunities than end the rally. The Nikkei 225 and broader Topix […]
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CNBC Daily Open: Hindsight could give the Fed a stern lesson on its rate cut
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters The U.S. personal consumption expenditures price index for August comes out Friday. The Federal Reserve will hope the report shows […]
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CNBC Daily Open: U.S. inflation report on Friday will tell if rate cut was a good idea
Federal Reserve Chairman Jerome Powell talks with reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC. Chip Somodevilla | Getty Images The U.S. personal consumption expenditures price index for August comes out Friday. The Federal Reserve will hope the report shows headline inflation is either […]
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Top European finance chiefs warn of ‘casino’ behavior in private credit
Heads of European financial institutions are warning of risks in the rapidly growing, multi-trillion-dollar private credit market, with one executive saying parts of it resemble a “casino.” Oliver Bate, chief executive of Allianz , one of the world’s largest insurers, told CNBC that “uncontrolled” growth in the private credit space — which faces much less […]
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