MACROSTORY 526· AUGUST 2, 2026

Iran warns of retaliation if the United States follows through on attack threats

Iran has vowed retaliation if the United States follows through on threats of new attacks against the country. Retaliation, in diplomatic terms, means a counterstrike triggered by an adversary's action rather than a first move. Iranian…

NDNewsDialy Desk1 MIN READ

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12MACRO

ECB raises interest rates to 2.5% and warns inflation may have further to run

Interest rates in the eurozone rose again. The European Central Bank pushed its benchmark rate to 2.5%, the second increase this year, as the bank works to slow the price pressures moving t

macro1 MIN

21MACRO

Treasury yields hit nearly three-year high as Bessent's $6bn buyback falls short

The ten-year Treasury yield, the interest rate the U.S. government pays investors to borrow for a decade, jumped to its highest level in nearly three years. Bessent's $6 billion repurchase programme, an upsized version of a plan to buy…

macro1 MIN

26MACRO

Sterling's run as the G10's star currency looks fragile as the Bank of England turns cautious

The British pound has been the surprise performer among G10 currencies, the label for a basket of major global exchange rates, but the Bank of England is now signaling a more cautious stance on rates at the exact moment its peers are still…

macro2 MIN

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