Published: 2026-09-24
Market Briefing: September 24, 2026
### Market Briefing: September 24, 2026
- **Global Overview:** Diplomacy is dominating the tape as US-China trade talks proceed alongside Middle East tensions, with bonds wobbling, oil easing off its highs, and gold holding a decline as hot US data fans rate-hike bets.
- **Asia Pacific:** Taiwan's industrial production hit an all-time record on AI and semiconductor manufacturing even as the local market pulled back, while Australia slid to a three-month low on rising unemployment and the Philippines faced a material growth downgrade from the ADB, whereas Malaysia earned an upward revision to its outlook.
- **Europe:** German and French PMI data confirmed private-sector acceleration, yet fiscal anxiety in France and election-season spending creep in Italy keep a lid on sentiment, while UK inflation cooled faster than expected and the pound slid for a third straight session against a broadly firmer dollar.
- **North America:** Treasury yields climbed with the 10-year crossing the 5% threshold and pressuring rate-sensitive sectors, while the Canadian dollar fell to an eight-week low on slowdown concerns and the Mexican peso weakened ahead of the central bank's rate decision.
- **Asset Classes:** Energy gained as Saudi Arabia restarted the East-West Pipeline and resumed Red Sea crude exports, whereas uranium and Canadian assets slipped on the loonie's weakness, quantum and cybersecurity names rallied on deal news, and an EV maker declined on a recall.