Hungary Industrial Output Beats Forecasts With 4.7% July Growth

Sep 07, 2026 07:45 am UTC| Economy

Hungarys industrial output increased 4.7% year-on-year in July, beating market expectations and signaling continued growth in the countrys manufacturing sector, preliminary data showed on Monday. According to Hungarys...

Iran Plans New Gulf Restricted Zone as Hormuz Tensions Push Oil Higher

Sep 07, 2026 07:41 am UTC| Economy Politics

Iran plans to establish a new restricted zone in the Gulf and introduce shipping routes through the Strait of Hormuz, escalating tensions after renewed U.S.-Iran strikes disrupted maritime traffic and pushed oil prices...

UK House Prices Fall for First Time Since 2023

Sep 07, 2026 07:34 am UTC| Economy

UK house prices recorded their first annual decline in nearly three years in August as higher borrowing costs and economic uncertainty weighed on buyer demand, according to new data from Lloyds. House prices fell 0.4%...

Asian Currencies Mixed as Yen Rallies on BOJ Bets

Sep 07, 2026 07:31 am UTC| Economy

Asian currencies traded mixed on Monday as the U.S. dollar hovered near recent lows, while the Japanese yen strengthened further on expectations of a Bank of Japan rate hike and potential currency intervention. The U.S....

US Stock Futures Mixed as Strong Jobs Data Boosts Fed Rate Hike Bets

Sep 07, 2026 07:30 am UTC| Economy

U.S. stock futures traded mixed Sunday evening as investors digested a stronger-than-expected August jobs report that increased expectations for a Federal Reserve interest rate hike in September. Trading activity was...

European Stocks Flat as Iran Tensions, ECB Rate Hike Loom

Sep 07, 2026 07:28 am UTC| Economy

European stocks traded largely flat on Monday as escalating tensions in the Persian Gulf and expectations for an European Central Bank interest rate hike kept investors cautious. The pan-European STOXX 600 slipped 0.1%,...

ECB Set for September Rate Hike as Energy Prices Fuel Inflation

Sep 07, 2026 04:54 am UTC| Economy

The European Central Bank is widely expected to raise interest rates by 25 basis points on Thursday as elevated oil and gas prices revive inflation concerns across the euro zone. Brent crude has climbed over the past month...