Modelo maker hit by lower beer sales to Hispanic consumers in US
Constellation Brands shares slide after cutting financial outlook amid ‘challenging’ economic environment
International - Financial Times - Credit Squeeze
Eurozone inflation rises to 2.1% in August
Traders expect ECB to keep interest rates on hold at September 11 meeting
The UK is a fiscal saint, not a sinner
Markets ultimately will take notice if the government demonstrates its ability to lower deficits
The Fed is getting slowly Cooked
The administration is making little secret of its broader intentions, leaving the central bank’s troubles mounting
FirstFT: China and Russia sign pipe deal
Also in today’s newsletter, Bridgewater’s Dalio warns of autocratic politics and gold hits record high
Why the market is ignoring the attack on the Fed
It’s not only irrational
Asian and Middle Eastern investors avoiding US, says private markets giant
Partners Group’s Roberto Cagnati says some investors ‘more wary about what they’re exposed to’ following Trump shocks
The bougie fashion events helping US shoppers forget tariffs
Rising costs and disruption from Trump’s trade war means some British fashion labels are courting Americans on their home turf
Developing countries swap out of dollar debt to cut borrowing costs
Sovereign borrowers are turning to lower interest rates in currencies such as the Chinese renminbi and Swiss franc
Gold price vaults past $3,500 to new record
Bullion surpasses previous high set in April after Donald Trump’s ‘liberation day’ tariffs
China adds 280,000 robots a year to power surge in exports
Economists say cheaper automation could explain why country maintains low-end manufacturing even as wages rise
A strong case for the EU-Mercosur trade deal
Accord has benefits for both blocs in the face of Trump’s economic nationalism
The real significance of the US court ruling on tariffs
The case is an important test in the escalating power struggle between the US executive and parts of the judicial system
EU officials criss-cross the globe for trade deals
US restrictions spur Brussels to find alternative — and some unlikely — markets
Investors underestimate Trump’s threat to the Fed, economists warn
FT survey cites fears that president’s assault has caused long-term damage to the US central bank and economy
FirstFT: Investors underestimate risk from Trump’s Fed attacks, say economists
Also in today’s newsletter, earthquake hits Afghanistan and Nobel laureate Jean Tirole warns on stablecoins
Stablecoins could trigger taxpayer bailouts, warns Nobel laureate
Digital tokens perceived as safe assets come with hidden risks for retail investors, says Jean Tirole
French business warns of recession risk as political turmoil deepens
Fiscal discord alarms company chiefs as PM’s confidence-vote gamble rattles markets
After globalisation: What's next for a fractured world? With Neil Shearing
The global trading system is in a messy transition. What happens now
Crunch time for US economic institutions
Plus, China’s show of military might, Kim Jong Un returns, UK and US elected officials go back to work
Global Economy
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