Stay Updated with the Latest American Funds EuroPacific Growth Cl F-1 Shs AEGFX News in Real Time
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Swiss GDP Growth Forecast Jumps to 1.7% for 2026 on Pharma Surge
Switzerland raises 2026 GDP forecast to 1.7% from 0.9% after Q2 growth hits 1.5%, strongest since 2021. Pharma drives half the gains, but inflation expected to rise.
RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.
US Bans $967M in Canadian Alcohol, Dairy, Motorcycles on September 29
Trump’s ban on $967 million worth of Canadian alcohol, dairy, and motorcycles goes into effect September 29. Spirits exports hit hardest at $673 million USD annually.
RBA Hikes Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, the highest in 15 years. Fourth hike of 2026 adds $100 monthly to $700k mortgages. Markets price 60% chance of sixth hike by mid-2027.
US 10-Year Treasury Yield Hits 5.18% on September 24, Highest Since 2007
US 10-year Treasury yield hits 5.18% on September 24, highest since 2007. Real rates drive 96% of the 45 basis point surge. Bond prices fall as borrowing costs rise.
First Home Buyers Face $11,200 Borrowing Hit as RBA Hikes Rates to 15-Year High
RBA rate hike on September 29 will cut first home buyer borrowing capacity by $11,200 and add $107-$152 monthly to mortgage repayments. Canstar analysis shows cumulative 2026 reduction of $47,400.
GoFundMe Shuts Down $745K Fundraiser for Texas Man’s Wife’s Cancer Bills
GoFundMe removed a $745,000 fundraiser for an 81-year-old man’s wife’s cancer bills after learning the organizer was his daughter, not a neighbor. The platform cited factual misrepresentations in its terms of service.
German Pensions Set to Rise 4.4% to 4.7% in July 2027
German pensions expected to rise 4.4% to 4.7% on July 1, 2027. A retiree earning 1,500 euros monthly could gain 66 to 70 euros. The increase follows rising wages and requires no application.
Trump Rejects Iran’s Seven-Day Hormuz Deal on September 28
Trump rejects Iran’s seven-day plan to reopen Strait of Hormuz, citing US control. The closure disrupts one-fifth of global oil and gas trade, threatening energy security across Asia and beyond.