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Global equity funds extend inflows to 12 weeks, led by Europe
Global equity funds attracted $18.62 billion in the week to August 12, extending their inflow streak to 12 weeks, while technology equity funds saw outflows.
US Consumers See Inflation Outpacing Incomes at Highest Rate in Two Years
A new survey shows 72% of US consumers expect inflation to outpace their income over the next year, while only 8% expect income to grow faster than prices.
US Economic Calendar: Housing Data, Fed Minutes and PMIs This Week
A busy week for US macro data includes housing starts, pending home sales, Federal Reserve meeting minutes, Philly Fed manufacturing, and S&P Global PMIs.
US hiring managers report growing shortage of qualified workers
A Robert Half survey shows 58% of U.S. hiring managers say qualified workers are harder to find, with skills shortages delaying projects.
College Degree Losing Status as Path to American Dream
Americans are rethinking the value of a college degree as student debt rises, AI disrupts hiring, and the job market gets tougher, while trade and vocational careers gain ground.
Hamas tells Egypt it rejects Trump plan and roadmap
A Hamas leadership delegation discussed Israeli violations with Egypt's intelligence minister and reiterated its rejection of the Trump plan and proposed roadmap.
Iran Says Wartime Internet Restrictions Hit Digital Economy
Iran's communications minister said internet restrictions imposed during the war period caused direct losses and lower revenues in the ICT sector and digital economy.
Israeli Northern Command Targets Hezbollah Supply Routes
Israel's Northern Command is running an intelligence operation to map secret logistics routes and drone activity used to resupply Hezbollah, Haaretz reports.
Israel Says Hezbollah Trying to Supply Besieged Underground Forces
Israeli outlet Haaretz reports Hezbollah is attempting to resupply fighters in underground positions, while Israel seeks to locate and destroy infrastructure in the Ali al-Taher Heights.
US Pressure Limits Israel's Response to Hezbollah and Hamas: Haaretz
Haaretz reports, citing a security source, that American pressure is restricting Israel's ability to respond to movements by Hezbollah and Hamas amid the Israel-Lebanon conflict.
Spanish F-18 Downs Drone Breaching Romanian Airspace Near Galati
A Spanish F-18 shot down a drone that breached Romanian airspace near Galati, marking the fourth such incident this year.
Russia Reports Overnight Strikes on Ukrainian Defence and Energy Sites
Russia's Defence Ministry said its forces hit missile and drone production facilities in Kyiv, an oil refinery in Kremenchug, and a steel mill in Kryvyi Rih.
Zelensky: Russia Hit 13 Ukrainian Regions With Over 1,550 Drones This Week
Ukraine's president says Russian forces attacked 13 regions over the past week using more than 1,550 drones, about 1,560 guided aerial bombs and 62 missiles.
Kyiv Protests Continue Demanding Defense Reforms and Fedorov Reinstatement
Demonstrators in Kyiv are keeping up calls for defense reforms and the return of Mykhailo Fedorov, while parliament prepares to vote on a new defense minister this week.
Qatar Rejects Iran Claim Over Detained Su-24 Pilots
Qatar has disputed an Iranian military assertion that three pilots from two Su-24 bombers shot down in March were held, stating only one pilot’s remains were recovered and Tehran was invited to review the search.
Drone Strikes Hit Moscow Logistics Hubs, Flights Halted at Three Airports
Drone strikes caused major fires at two logistics facilities in the Moscow region, including a Wildberries complex, and prompted flight suspensions at three airports.
Iran Gets Six Weeks to Nominate New Intelligence and Defense Ministers
Iran's government has until six weeks from August 20 to nominate new intelligence and defense ministers for parliamentary approval, according to a parliament spokesman.
Weekend market update: indices mostly flat, gold up, oil down
Global equity indices were little changed over the weekend, while gold gained 0.14% and US oil fell 0.44%.
Russian Strikes Hit Ukrainian Missile Plant, Drone Factories, Oil Refinery
Russia’s Defense Ministry reports a group strike on Ukrainian military-support facilities including a missile plant, drone factories, and an oil refinery.
Rising Food and Utility Costs Squeeze Japan's Izakaya Pubs
Higher food and utility bills are pressuring Japanese izakaya pubs, making customers more selective and driving demand for distinctive dining experiences.
Hong Kong airport passenger traffic rises 11.7% in first half
Hong Kong’s airport passenger traffic climbed 11.7% year-on-year in the first half, supported by more events and visitor arrivals, according to Financial Secretary Paul Chan.
Drone Strikes Hit Wildberries Logistics Hubs Near Moscow, Sparking Major Fires
Overnight drone strikes targeted key Wildberries logistics facilities in the Moscow region, causing large fires at warehouses in Koledino and Domodedovo.
US Consumer Confidence Sinks Across Generations to Multi-Year Lows
US consumer confidence has fallen across age groups, with Generation X, Baby Boomers, and the Silent Generation hitting the weakest readings in at least five years.
US Treasury T-Bill Share Nears 21%, Highest Since 2020
Treasury bills now make up about 21% of marketable US government debt, far above the 10–15% range seen from 2012 to 2019.