Last Friday, the Dow Jones Industrial Average fell 652 points as Thursday’s rout in tech stocks spread more widely across sectors.
Category: 27 October 2026
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U.K INFLATION IS ITS HIGHEST IN A YEAR
Britain’s rate of inflation rose from 3.1 percent in August to 3.5 percent in September, the Office for National Statistics (ONS) reported, reaching its highest since last October when the rate was 3.6 percent.
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BOND BUST REVIVES SPECTER OF EUROPE’S 2011 ‘DOOM LOOP’
The current global bond rout has reminded many analysts and investors of the Eurozone banks’ 2011 debt crisis.
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EUROZONE GROWTH IS SLOWEST IN FOUR MONTHS
This month, the Eurozone’s economic growth has been its slowest since June as the region is assailed by near-record energy prices, the bond selloff, and France’s budget crisis and street riots.
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JAPAN SETS RECORD TRADE DEFICIT AS OIL PRICES CLIMB
From 1 April through September, Japan’s trade deficit reached a record ¥2.81 trillion, or about $17.8 billion, the finance ministry reported.
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HOME SALES SLOWEST IN 25 YEARS AS MORTGAGE RATES RISE AGAIN
September’s pending home sales – homes for which buyers signed sales contracts – fell to their lowest number since at least 2021 as the average national U.S. mortgage rate reached as high as 7.45 percent, its highest since November 2023, the National Association of Realtors (NAR) reported.
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ENERGY COSTS FUEL A NEW RISE IN GROCERY PRICES
Food makers are warning that higher diesel prices and rising shipping costs are now showing up in supermarket grocery bills.
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VOTERS’ PRE-ELECTION VIEW OF THE ECONOMY IS DARKEST EVER
U.S. voters have never felt this glum about the economy just before a national election, according to the University of Michigan’s bimonthly survey of consumer sentiment, which has been polling households since the early 1950s.
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SPOTLIGHT: BIGS GETTING BIGGER
Qiagen, a German company making lab equipment and test kits to analyze DNA and other samples, has accepted a €10.8-billion takeover offer from a group led by EQT, a Swedish private equity firm specializing in buyouts.
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TOP TREND 2023: OFFICE BUILDING BUST
The world’s commercial real estate sector began a fragile recovery last year as interest rates began to climb down from their high wall against inflation.