⚠️ Bloomberg Top Forecasters — Q2 2026 ⚠️ Always proud to be ranked once again Bloomberg’s top forecaster across the world’s three key economic blocs: 🏆 🇺🇸 U.S. Economy 🏆 🇪🇺 Euro Area Economy 🏆 🇨🇳Chinese Economy The cycle keeps moving and these rankings are only a snapshot. However, the real challenge is to stay consistent, keep questioning the data, and remain humble in a world that changes fast.

⚠ Friday Brief⚠️ 🇺🇸🇨🇳 Trump-Xi Summit: No Deal, But a Fragile Truce 🇺🇸 U.S.-Iran Seek Phased Hormuz Deal 🇩🇪 Rhine Sinks to Record Low in Blow for Shipping ... christophe-barraud.com/morni…

🇨🇳🌎 China’s Global EV Exports Rise 33% Y/y to 284,622 in August - Bloomberg bloomberg.com/news/articles/…

🇪🇺 In August, registrations of fully electric cars jumped by more than 50% year-on-year across Europe (+75% in Germany and more than +100% in France). 📈 Since the start of the year, EV market share had already been rising sharply thanks to several factors such as more models in the €20,000-25,000 range, better driving ranges, more charging infrastructure and still very significant government support. Oil is not creating the trend but it is hitting at a point where the market was already close to a tipping point and is now accelerating the move dramatically. 🤷‍♂️ Meanwhile, this EV boom can be great news for Europe’s energy transition while becoming bad news for Europe’s auto industry at the same time. Chinese manufacturers are very well positioned in this market with competitive vehicles, highly integrated supply chains and aggressive pricing, and their market share in Europe is approaching 12% in some months. Europe spent years pushing the auto industry toward electrification, and now that the transition is finally accelerating, the companies best positioned to benefit from it are not necessarily European. Quite a paradox, ain't it ? Oil probably did not trigger Europe’s EV boom but it may simply turn a gradual transition into a much more abrupt acceleration. *Bloomberg link: bloomberg.com/news/articles/…

🇩🇪 #Germany | Rhine Sinks to Record Low in Further Blow for Shipping - Bloomberg bloomberg.com/news/articles/…

🇹🇭 Thai Exports Surge Most in Four Years on AI, China Demand - Bloomberg bloomberg.com/news/articles/…

🇺🇸 PepsiCo to Raise Some Prices After Cuts Failed to Grow Sales - Bloomberg bloomberg.com/news/articles/…

🇺🇸 Senate GOP eyes data center vote next week - Politico politico.com/live-updates/20…

🇺🇸🇨🇳 Trump-Xi Summit Goes Big on Pomp But Small on Substance - Bloomberg bloomberg.com/news/articles/…

🇨🇳 #China | *#PBOC CONVENES MONETARY POLICY COMMITTEE 3Q MEETING - BBG *PBOC: TO MAKE POLICIES MORE TARGETED *PBOC SAYS TO ADJUST MONETARY POLICY TOOLS AS NEEDED *PBOC VOWS TO ADJUST MONETARY POLICY TOOLS IN A TIMELY MANNER *PBOC: ADVANCE IMPROVEMENT OF MONETARY POLICY OP. FRAMEWORK

⚠ Thursday Brief⚠️ 🇺🇲 U.S. Bond-Market Slide Deepens 🇺🇲 🇨🇳 U.S., China Agreed To Extend Trade Truce 🇦🇺 Australian Unemployment Climbs ... christophe-barraud.com/morni…

🇺🇲 US Bond-Market Slide Deepens, Pushing Yields to Two-Decade Highs – Bloomberg bloomberg.com/news/articles/…

🇺🇲 US Business Activity Expands at the Fastest Pace Since 2021 - Bloomberg bloomberg.com/news/articles/…

🇪🇺 *ECB GOVERNING COUNCIL MEMBER KOCHER IN KURIER INTERVIEW - BBG *KOCHER: EUROPE ECONOMY PROVING MORE ROBUST THAN ANTICIPATED *KOCHER: MUST PREVENT TOO HIGH INFLATION, BECOMING ENTRENCHED *ECB'S KOCHER SAYS EURO-ZONE ECONOMY REMAINS FRAGIL *KOCHER SAYS ECB RATES WILL BE ASSESSED AT EVERY MEETING

🇯🇵 #Tokyo Used Condo Prices Drop for First Time in Over Two Years – Bloomberg bloomberg.com/news/articles/…

🇯🇵 #Japan 10-Year Yield Climbs to 1996 High as Global Rout Deepens - Bloomberg bloomberg.com/news/articles/…

🇨🇳🇺🇸 #China’s Trade Volumes Hit Record in Week Before Trump-Xi Summit - Bloomberg bloomberg.com/news/articles/…

🇨🇳 🇺🇲 Chinese Carmakers May Take More Than 10% of US Market If Let In - Bloomberg bloomberg.com/news/articles/…