UBS CEO Sergio Ermotti on Thursday warned that investors have grown complacent over the past few years, even as geopolitical and economic risks have mounted. “There has been a level of complacency in financial markets in the last few years,” Ermotti told CNBC’s Christine Tan, adding that given the environment one would have expected considerably…
A trader works on the floor of the New York Stock Exchange. NYSE Global markets have shrugged off a barrage of shocks in recent years, but HSBC sees several developments that could eventually end that streak. The key risks include higher corporate taxes, a renewed rise in private-sector debt and a shift in the relationship…
Treasury yields face a key test at 4.8%, with a sustained move above that level potentially creating “meaningful problems” for other asset classes, according to Matt Maley, chief market strategist at Miller Tabak + Co. “We remain concerned about the Treasury market…as rising fiscal deficits, massive debt issuance, and heavy corporate borrowing continue to pressure…
U.S. Treasury Secretary Scott Bessent speaks during a “fireside chat”, as finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina, U.S., September 1, 2026. Sam Wolfe | Reuters The European Union has formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it’s weighing a military role to…
Traders work at the New York Stock Exchange on Aug. 25, 2026. NYSE The global bond rout is raising borrowing costs across the economy and forcing governments, companies and consumers to confront the possibility that expensive debt is here to stay. Global bond yields have been climbing to multiyear highs, with Germany’s 10-year yield reaching…
Bitcoin closed in on the $80,000 mark on Tuesday, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency’s recent rally. The flagship cryptocurrency jumped 3.1% to $79,739. The latest move extends a sharp rally that began last week, when bitcoin surged more than 20% in three days, its biggest three-day…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York on July 23, 2026. Angela Weiss | AFP | Getty Images It has been a volatile year for global markets, rewarding some trades while punishing others. CNBC asked six investors about the biggest risks they see and how they are…
The JPMorgan Chase & Co. global headquarters building in New York, Jan. 20, 2026. Michael Nagle | Bloomberg | Getty Images The U.S. government’s efforts to manage pressure in the Treasury market may merely shift the problem down the road as a surge in global debt issuance tests investor demand, according to JPMorgan. The Treasury…
This handout satellite image taken and released by Vantor on August 12, 2026, shows heavily damaged ships at the Black Sea port naval base of Novorossiysk in Russia, following Ukrainian strikes. – | Afp | Getty Images Ukraine has launched a heavy assault on warships and major Russian grain export terminals in the Black Sea…
A total solar eclipse crossed parts of Europe on Wednesday, drawing millions of spectators to watch the once-in-a-generation spectacle. Parts of Greenland, northern Spain, and Iceland saw a total solar eclipse, while other parts of Europe, including the U.K. and France, saw a partial eclipse. During the eclipse, the Moon passed between the Earth and…
