ADVFN US – Market Content Editor

Spending on luxury brands in the United States declined 6% year over year in September 2026, marking the largest monthly decrease of the third quarter, according to credit card transaction data published by Citi on Wednesday. The September decline followed decreases of 4% in both July and August, bringing the overall reduction in luxury spending…

U.S. corporate earnings are expected to increase substantially in the third quarter of 2026, with technology companies and businesses linked to artificial intelligence accounting for most of the projected growth, according to estimates compiled by LSEG. Analysts forecast that earnings among S&P 500 companies will rise approximately 31% year over year, with the technology sector…

UBS expects gold prices could retreat towards $4,000 per ounce in the near term as higher U.S. real yields and a stronger dollar weigh on the metal, although the bank anticipates that longer-term demand will provide support around that level. In a research note, UBS strategist Giovanni Staunovo identified rising real interest rates and dollar…

Barclays strategists expect the global equity market to face more restrictive financial conditions as the monetary easing cycle draws to a close, although they continue to see scope for European stocks to advance towards the end of 2026. In a research note, strategists led by Emmanuel Cau said the equity bull market is “arguably running…

European Central Bank (ECB) chief economist Philip Lane has identified rising investment in artificial intelligence as a significant factor influencing global bond yields, pointing to increased long-term borrowing by U.S. companies financing AI-related projects. In an interview with Italian news agency ANSA published Tuesday, Lane described artificial intelligence as potentially the most important global economic…

UBS expects the global copper market supply deficit to widen in 2027, with the bank forecasting a shortfall of 379,000 metric tons, compared with an estimated 219,000 metric tons in 2026. The projected increase in the deficit forms part of UBS’s positive outlook for copper prices, with the bank anticipating that the metal could reach…

Memory chip contract prices increased by nearly 20% quarter-over-quarter in the third quarter of 2026, as supply shortages continued across the industry, according to research firm Bernstein. Contract pricing data showed increases in both conventional dynamic random-access memory (DRAM) and NAND flash memory during the quarter. Although the pace of price growth moderated compared with…

In a significant boost for European critical mineral independence, HyProMag’s rare earths magnet recycling facility in Pforzheim, Germany, has been officially designated as a strategic project under the EU Critical Raw Materials Act (CRMA). The status grants the facility—majority-owned by Mkango Magnetic Materials —expedited permitting and improved access to financing, bolstering its integration into Europe’s…