French #bonds are selling off harder and faster than expected. The 10-year spread over #German bunds has hit 152 bps, the widest since 2011, as missed deficit targets and political gridlock rattle investors. Markets are starting to punish France for its #debt. #economy#France
Inflation: a clear upside surprise
#Inflation in #France reached 3.4% in September, up from 2.6% in August (#Insee), above the 3.2% expected in the Bloomberg analyst survey. This is the fastest pace in more than two years.
📌تقترب سوق السندات من إعطاء إشارة إلى أن زيادات أسعار الفائدة من جانب الفيدرالي تنذر بخطر تعثر الاقتصاد الأميركي
📌الفارق بين عوائد سندات العامين و10 سنوات تقلص إلى 17 نقطة أساس، وهي أضيق فجوة منذ أوائل 2025
📌هذا ما يُعرف باسم تسطح منحنى العائد، ويزيد من احتمال أن يصبح عائد السندات لأجل 10 سنوات قريباً أقل من عوائد آجال الاستحقاق الأقصر
📌في حالة حدوث ذلك ستحظى هذه الظاهرة بمتابعة وثيقة وهي تُعرف باسم انقلاب منحنى العائد
📌منذ 1978 سبق انقلاب منحنى العامين و10 سنوات الركود بنحو 15 شهراً في المتوسط، وفق بيانات "بلومبرغ"
📌ستكون لمثل هذه النتيجة تداعيات واسعة عبر الأسواق المالية، ولا سيما على الأسهم التي يجري تداولها قرب مستويات قياسية
التفاصيل: https://t.co/dcieaCXG3L
🔴 تابعوا الشرق بلومبرغ للمزيد
*The #ECB raised its key #interestrates by 25 basis points to address inflation driven by the #MiddleEast conflict.
*Updated Projections: Headline #inflation is projected at 3.0% in 2026 and 2.5% in 2027 while economic growth was revised upward to 0.9% (2026) and 1.4% (2027)
FT:Oil prices rose above $100 a barrel on Wednesday as an escalation of hostilities in the Middle East raised fears over global supplies. Brent crude, the international oil benchmark, rose 2.1% to just over $100 a barrel, topping $100 for the first time since July24
#oilprices
"The most successful education systems focus on fewer areas in greater depth, invest in teachers, engage parents and provide targeted support for the students and schools that need it the most", said OECD Secretary-General Mathias Cormann.
China’s property market is no longer the growth engine it once was.
Pre-sales have fallen from nearly 90% of residential sales in 2020–21 to around two-thirds today.
Real estate is increasingly becoming a drag on growth, not its engine. #china#realestate#housing#economy
Median sales price of new U.S. houses sold in July was $393,800 — a decline of $9,300 (or 2.3%) from June and the lowest median price since July 2021 https://t.co/SoBkYKqJ8x
When an entire academic career is judged by a largely biased publication system, where the quantity of publications matters more than the quality of research, we can hardly expect to build a strong and effective education system.
AI adoption is much higher in the U.S. than it is in Europe. Will this widen the gap between U.S. and European productivity growth? https://t.co/FJrrJlSyf3