Economy

Global markets opened a new trading month facing geopolitical and bond yield challenges. Tel Aviv shares saw mixed results as major defense and real estate stocks rallied.

Global forex markets show moderate movements as investors await US jobs data. US Treasury yields hit multi-year highs while Fed's Neel Kashkari warns inflation remains too high.

Asian markets rose led by Japanese chip stocks following robust earnings from Micron, while Chinese and Hong Kong exchanges were closed for national holidays.

Morgan Stanley chief strategist Mike Wilson views a potential 5%-10% market correction as a healthy development that could remove excesses and stabilize equities.

Wall Street shows resilience against surging US bond yields, but small-cap stocks face notable weakness as the Russell 2000 drops 8% from its August peak due to financing pressures.

Wall Street ended mixed as a volatile trading session was driven by major corporate news, including a USD 20 billion Boeing defense contract, a USD 1.2 billion AI deal for HPE, and a sharp rating downgrade for Moderna.

Mizrahi Tefahot Bank strategist Yonie Fanning analyzes rising US inflation, PCE indices, fuel prices, and soaring AI-driven corporate investments amid tightening credit.

Julius Baer's daily analysis highlights diverging Asian markets: corporate reforms in Japan drive stock records toward a Nikkei target of 75,000, while China's housing measures disappoint investors.

Norway's $2.4 trillion wealth fund has been caught in a massive fraud and market manipulation scandal shaking the Istanbul stock exchange, affecting hundreds of thousands of investors.

Best-selling author Robert Kiyosaki predicts a meteoric surge for silver, citing historical monetary shifts, industrial demand, and artificial price suppression.

The US housing market faces renewed pressure as 30-year mortgage rates rise to 7.03%, subduing sales volumes while home prices remain surprisingly resilient at a median of $429,100.

U.S. consumer spending slows in August as the Fed's preferred inflation measure cools, while private sector jobs unexpectedly rise by 90,000 in September according to the ADP report.

Israeli airline stocks surged following an attempted hijacking scare on a Flydubai flight from the UAE to Israel that diverted to Saudi Arabia. El Al shares jumped 7.82%, and Israir soared 6.72% amid expectations of reduced foreign competition.

New York Fed President John Williams signaled no rush for a rate hike, sharply lowering market expectations for the October 28 Federal Reserve meeting.

JPMorgan Chase has shifted from caution to a bullish outlook on US tech stocks, driven by strong macroeconomic data, resilient consumer spending, and robust artificial intelligence growth.

The US and China have published mutual tariff-reduction lists worth $30 billion each following a Washington summit between Donald Trump and Xi Jinping, featuring unusual items ranging from live whales to Christmas decorations.

The Israeli stock market in 2026 shows strong gains for the Tel Aviv 35 and Tel Aviv 125 indices, while the Tel Aviv 90 lags behind due to market concentration and interest rate pressures.

UBS investment bank analyzes US government bond yields, arguing that a potential yield curve inversion does not necessarily signal a looming recession for the US economy.

Fair Isaac Corporation stock plunged 22% after US housing regulators eased the use of rival VantageScore, threatening its dominance in mortgage credit ratings.

Julius Baer economists analyze Europe's economic strength, bond yields, Fed rate hike expectations, and recent turbulence in gold and silver markets.

The IRS is moving to close a massive tax loophole used by hedge funds to convert investment losses into ordinary income deductions for America's elite, threatening retroactive enforcement.

The Tel Aviv Stock Exchange closed Tuesday with moderate gains led by the Tel Aviv 90 index. Trading volume hit 2.4 billion NIS in equities as currency rates held steady.

Israel's Ministry of Finance strongly advises against imposing targeted taxes on artificial intelligence, warning that such levies would harm economic growth, technological development, and high-tech competitiveness.

Spot gold rose 0.4% to $4,130.58 per ounce while remaining near multi-week lows as markets weighed rising oil prices, geopolitical tensions, and shifting U.S. interest rate expectations.

The Phoenix has built a massive 7 billion shekel position in Israel's semiconductor sector, adding 3 billion shekels to stakes in Nova and Camtek.

Foreign credit card spending in Israel nearly matched pre-war levels in early 2026, reaching 9.7 billion shekels, despite a 78% drop in actual tourist arrivals.

UBS Global Wealth Management Chief Economist Paul Donovan examines how social media, frequent purchases, and shifting consumer aspirations fuel the global affordability crisis.

Global markets brace for a data-heavy week featuring U.S. inflation, employment reports, and central bank updates, while Julius Baer analyzes surging fuel prices and potential U.S. export curbs.

Saudi Arabia has restored oil exports to 6 million barrels per day despite regional chokepoint blockades, as rising shipping rates and US strikes help reopen the Strait of Hormuz.

American biomedical firm Kodiak Sciences saw its stock surge nearly 200% on Nasdaq after reporting positive Phase 3 clinical trial results for its retinal disease treatments.

Wall Street finished lower on Monday as the Dow fell 0.7% and bond yields hit 19-year highs at 5.25%. Meta dropped 4.8% on enterprise AI plans while Nvidia rose 1.7% on buybacks.

Qatar faces a severe economic crisis as disruptions in the Strait of Hormuz and damage to Ras Laffan facilities cause LNG exports to plunge by 96%, accumulating an $8.6 billion deficit in six months.

Psagot report details a cooling Israeli labor market with declining youth participation, alongside surging U.S. Treasury yields and rising inflation pressures.

Global stock markets remain calm despite surging U.S. Treasury yields hitting 5.2%, but experts warn of potential spillover effects and rising risk levels in bond markets.

As 10-year US Treasury yields surge past 5% and debt hits $40 trillion, six leading CIOs from PIMCO, BlackRock, and Franklin Templeton share portfolio strategies.

Electra Real Estate shares plummeted, losing 75% of value in four months to 1.06 billion NIS. Institutional investors like Menora face heavy paper losses amid rising US bond yields and modest fund returns.

Tel Aviv Stock Exchange indices closed lower on Monday, led by a 0.49% drop in the TA-35 index. Markets reacted to global pressures and Donald Trump rejecting an Iranian proposal.

Electra Real Estate shares dropped 15% amid heavy trading volume as the company faces a potential exit from the Tel Aviv 90 index and ongoing financial pressures.

A macroeconomic review by IBI Investment House highlights rising US bond yields, stable inflation expectations, and robust tech-driven global stock market resilience amid shifting monetary policies.

AI agents like Meta's Muse could trigger bank runs by automatically shifting household cash to high-yield accounts, threatening cheap bank deposits.