In the United States, existing home sales for August declined by 2% month-over-month. This decrease was greater than the anticipated decline of 0.2% and follows a previous reduction of 1.7%.
Canada is undertaking its largest military reorganization in 30 years to prepare for a potential major conflict, reports The Globe and Mail.
Traders have fully priced in three European Central Bank interest rate hikes by mid-2027, according to Bloomberg.
Germany's companies have raised concerns about impending gas shortages ahead of the upcoming winter, according to reports from Handelsblatt.
According to CME FedWatch, market participants currently assign a 70% probability to a rate increase by the Federal Reserve at its meeting next week.
On September 11, 2026, the BRICS summit commences in New Delhi. Key economic events scheduled for the day include Japan's Producer Price Index release at 02:50, the United Kingdom's GDP report at 09:00, and the International Energy Agency's oil market report at 11:00. The President of the Swiss National Bank will deliver a speech at 12:15. The Russian central bank will announce its interest rate decision at 13:30, followed by a press conference at 15:00. The United States will release its Consumer Price Index at 15:30, with the Michigan Consumer Sentiment Index and a speech by the European Central Bank President Christine Lagarde both scheduled for 17:00. Later in the evening, the U.S. will publish its WASDE report at 19:00 and the federal budget report at 21:00.
Watch JetLend's live event at 19:00.
Watch JetLend's live event at 19:00.
⚠️🇷🇺 The logistics center of OZON in Saratov has been targeted in a drone attack.
The Crown Prince of Saudi Arabia urged former President Donald Trump to take action against the Houthis in response to threats originating from the Red Sea. However, Trump declined the request. According to US officials, the government currently does not intend to pursue direct intervention or conduct strikes against the Houthis, as reported by Axios. Throughout the week, Trump has remained silent on matters concerning Iran and recent developments in energy markets.
Oil prices continue to rise, with Brent crude surpassing $108 and WTI exceeding $103.
Ukraine and Canada have signed declarations establishing a century-long partnership and military cooperation.
OpenAI plans to slow the development of advanced AI systems due to malfunctions and incidents involving neural networks operating unpredictably, according to Altman.
The European Union is considering new strategies to utilize frozen Russian assets to support Ukraine, according to the Financial Times. Furthermore, a group of EU lawmakers has proposed transferring these assets to a newly established depository that, unlike Belgium, would not oppose such measures. This initiative seeks to more evenly distribute risks among EU member states, thereby facilitating the process of confiscating Russian assets. Earlier, Kyiv urged the European Commission to reallocate the assets despite Belgium’s objections concerning their use.
The 18th BRICS Summit is commencing in New Delhi. President Putin is undertaking a three-day visit to India to participate in the summit.
Ozon has suspended its services in Saratov, temporarily halting both deliveries and order acceptance in response to a drone attack.