Economy

Deutsche Bank analysts highlight a critical global week for central banks, as rising oil prices and inflation pressures challenge the Federal Reserve, BoE, and Bank of Japan.

The Tel Aviv Stock Exchange closed higher on Monday, led by a 1.11% gain in the TA-125 index. Arit Industries surged 12.70%, while Electra Real Estate led the market decliners.

Epitomee Medical shares surged 15% on the Tel Aviv Stock Exchange, exceeding a 110% gain over three days following the appointment of new CEO Dolev Rafaeli. The company aims to revitalize its innovative weight-loss pill through direct-to-consumer digital channels.

Wall Street faces a high-stakes week of US macroeconomic data, Federal Reserve rate decisions, and mounting fiscal deficit concerns driven by proposed economic stimulus plans.

Julius Baer analysts examine global market trends focusing on US inflation, oil price shifts following the Saudi pipeline attack, rising bond yields, and ongoing AI infrastructure investments.

Meitav's weekly review highlights Israel's moderate inflation, complex budget deficit, and dormant housing market, while warning of U.S. monetary tightening risks and high household equity exposure.

Israeli businessman Amos Luzon invested about 440,000 NIS in open-market shares across Luzon Group, Luzon-Ronson, and Luzon Credit ahead of a shareholder vote on compensation.

Asian markets opened the week mixed as semiconductor stocks plunged following AI leaders' calls to slow development. Meanwhile, oil prices surged after Saudi pipeline disruptions.

A review of US-exposed mutual funds in Israel reveals that over three years, almost none beat the S&P 500, echoing global data showing high active fund underperformance.

Houthi control of Yemen's western coast and attacks on Saudi energy infrastructure are compounding global oil market strains. With the Hormuz strait restricted and the East-West pipeline damaged, spare capacity is choked by severe export bottlenecks and surging diesel prices.

US President Donald Trump pressured the Federal Reserve ahead of its rate decision, arguing the US must have the lowest interest rates globally despite rising inflation.

Elon Musk maintains a massive lead as the world's richest person with $913.1 billion, while Michael Dell overtakes Sergey Brin for fourth place amid market volatility.

Bank of Israel Governor Amir Yaron used his personal credibility to convince banks to maintain ties with the Palestinian Authority until 2027, averting an immediate diplomatic crisis caused by government inaction.

Global FX speculators shift to a net long position on the Japanese yen for the first time since February, driven by expected BoJ rate hikes and rising bond yields.

U.S. 10-year Treasury yields nearing 5% threaten global stock markets, raising financing costs for AI infrastructure and testing growth stock valuations amid inflation fears.

Saudi Arabia temporarily shut down its strategic East-West oil pipeline following attacks in the Riyadh and Al-Madinah regions, pushing Brent crude prices above $100 per barrel.

Turkey's central bank kept its interest rate at 37% for the fifth consecutive time amid persistent energy shocks and annual inflation of 31.51% in August.

US inflation remained at 3.4% in August, meeting forecasts as markets brace for a potential Federal Reserve rate hike amid strong job growth and rising energy prices.

The IEA warns that global oil refining is stretched to its limit amid wars in Iran and Ukraine, slashing supply forecasts and projecting sharp drops in oil demand.

U.S. diesel prices hit a record $6 per gallon amid global oil spikes driven by conflicts in Iran and Ukraine, threatening economic stability and consumer costs.

Global markets react to Middle East tensions, rising energy prices, and shifting US interest rate expectations, creating potential ripple effects for Israeli households.

Asian markets fell following Wall Street as investors await key US inflation data. Analysts predict a 3.4% annual rate, impacting the upcoming Federal Reserve interest rate decision.

UBS warns US midterm elections will not alter global economic trends like trade competition and defense spending, as analysts adjust congressional control probabilities.

Julius Baer’s latest economic review highlights rising oil risk premiums, contradictory US monetary signals affecting gold, AI market competition, and Japan's pension fund shifts.

Senior Israeli banking executives warn that expanding British and European sanctions over West Bank settlements could soon target Israeli financial institutions, risking international credit card blocks and trade isolation.

A Wall Street legend suggests US stocks drop during the Ten Days of Repentance. However, upcoming Fed interest rate decisions and inflation data will likely dictate market direction.

Rising conflict in Yemen and Bab al-Mandeb threatens global oil routes, pushing Brent crude to $105 a barrel and straining alternative shipping corridors.

Global oil prices surged as Middle East tensions threaten strategic trade routes like the Strait of Hormuz. Brent crude reached $105 a barrel amid fears of inflation and global economic instability.

The Tel Aviv Stock Exchange wrapped up a record-breaking year with sharp drops on Thursday, as the TA-35 surged 37% and outperformed major Western markets.

A retrospective look at investments made a year ago reveals Intel as the massive winner with a 327.5% surge, while shekel strength weighed on foreign indices like the S&P 500.

Calcalist's Money Engines podcast outlines five macroeconomic forces shaping global and Israeli markets, from US bond yields and oil to local budget deficits.

Local FX markets show calm ahead of Rosh Hashanah as the dollar trades near 3.02 ₪. Global markets await the ECB rate decision and US inflation data.

Discount Bank chief strategist Shmuel Katsavian reports that Israel's economy grew resiliently over the Hebrew year, with the Tel Aviv 125 surging 38% and the shekel hitting record highs.

The US Treasury announced a $6 billion bond buyback to support market liquidity and curb soaring yields, which hit 4.85% as investors sold off debt amid inflation and debt concerns.

Leader Capital Markets initiates coverage of Rafa Laboratories with a buy recommendation and a 24 NIS price target, pointing to strong growth potential in pharma and biodefense sectors.

Bank Mizrahi-Tefahot raised NIS 4.3 billion in its institutional offering after receiving robust market demand totaling NIS 6.8 billion across three different financial series.

UBS released an economic review advising investors to diversify bond portfolios amid shifting global interest rate expectations, hawkish central banks, and changing market yields.

Wall Street indexes dropped as rising oil prices reignited inflation fears, while tech stocks like Intel and CoreWeave posted gains amid AI enthusiasm and supply updates.

Nvidia posts strong second-quarter results with $2.22 EPS, reaching a $5.55 trillion market cap. Analysts project 70% revenue growth for fiscal 2028 driven by the Vera Rubin architecture.

Or Poria, Chairman of Poria Financials, analyzes the latest markets, noting U.S. tech strength, the Bank of Israel's rate cut boosting Israeli stocks, and shekel stability supported by trade surpluses.