FISCAL DAILYEconomic And Financial News
September 12, 2026
Stocks tumble as oil and inflation fan rate hike bets

Sep 11, 2026 (AFP)
Asian stocks tumbled Friday as oil prices extended gains and bond yields held at multi-year highs as the Middle East crisis stoked supply concerns and a forecast-topping US inflation report ramped up rate hike bets. read more
  Brent breaks $100 on Mideast flare-up, fanning inflation fears
Sep 09, 2026 (AFP)
Brent broke above $100 a barrel Wednesday as oil prices surged and stocks struggled on the back of a fresh flare-up in the Middle East crisis, putting upward pressure on inflation ahead of key US data at the end of the w... more
Putin, Trump discussed idea of trilateral summit with Xi: Kremlin
Sep 09, 2026 (AFP)
Russian President Vladimir Putin and his US counterpart Donald Trump discussed the idea of holding a trilateral meeting with China's Xi Jinping at an upcoming summit in November, the Kremlin said Wednesday. more
Chinese inflation picks up in August but still below target
Sep 09, 2026 (AFP)
China's consumer and producer prices picked up slightly last month but remained below target, official data showed on Wednesday, as the world's second-largest economy grapples with weak domestic demand. more
Yen extends gains as traders eye rate hike, tech rallies again
Sep 08, 2026 (AFP)
The yen extended gains Tuesday, putting it in range of a 2026 high against the dollar as investors ramp up bets on Bank of Japan interest rate hikes, though equities dropped as oil prices continued to rise. more
Tech firms rally on mixed day for Asian markets, with eyes on US inflation
Sep 07, 2026 (AFP)
Tech firms rallied on a mixed day for Asian stocks Monday, with traders gearing up for a crucial week of events culminating in US inflation data that could determine the Federal Reserve's decision on interest rates. more
Iran raises price of petrol as US applies economic pressure
Sep 06, 2026 (AFP)
Iranian authorities on Sunday announced they were raising the price of petrol for heavier consumers, as the United States steps up sanctions seeking to isolate the country's economy. more
  Massive AI spending 'exactly the opposite' of a bubble, Blackstone says
Sep 04, 2026 (AFP)
Huge investments in AI data centres and other infrastructure are not fuelling a stock market bubble, a top Wall Street firm insisted after a commitment to spend billions alongside chip giant Nvidia. more
Asian stocks rally as traders pare rate bets ahead of jobs data
Sep 04, 2026 (AFP)
Stocks rose Friday and government yields held their losses after comments from top Federal Reserve officials tempered fears that the central bank would hike interest rates at its meeting this month. more
 
Kuwait's Iranians under pressure since start of war
Sep 03, 2026 (AFP)
A Persian restaurant in Kuwait has removed any mention of Iran from its name, a sign of the pressure the Iranian community in the Gulf country has faced since the Middle East war erupted. more
China emissions fell in Q2 as Iran war pared oil use: analysis
Sep 03, 2026 (AFP)
China's emissions of planet-warming carbon dioxide fell in the second quarter of the year, the result of less oil use as shipping from the Middle East was stymied by the US-Iran war, analysis showed Thursday. more
  France sees limited economic hit from drought, heatwaves
Sep 02, 2026 (AFP)
Drought and record heatwaves across France this summer will shave 0.1 percent off the country's economic growth this year, adding to the heavy human toll, the finance ministry said Wednesday. more
Trump vows to hit Iran 'hard' after first exchange of fire in weeks
Sep 01, 2026 (AFP)
US President Donald Trump threatened on Monday to hit Iran "hard" after the two foes traded fire for the first time in weeks, as his Treasury secretary vowed to keep up a pressure campaign aimed at hobbling Tehran's econ... more
 
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