UK retail sector remains under pressure as CBI survey shows sharp sales decline Oil prices sink as expectations for an imminent US-Iran deal increase.
Nasdaq Analysis: Two Critical Levels to Watch Around Nvidia Earnings Switzerland August UBS investor sentiment +12.1 vs +10.0 prior Nvidia Earnings Tonight: NVDA Levels and Trade Plan ECB’s Schnabel says the central bank must act early to prevent second-round effects FX option expiries for 26 August 10am New York cut What are the main events for today? It’s been a pretty boring session with limited economic data and news releases. On the data side, the Swiss investor sentiment improved further in August, with the UBS Investor Sentiment Index rising to +12.1 from +10.0 in July, marking the second consecutive month in positive territory and the strongest reading since early 2025.
The data points to growing optimism about Switzerland’s economic outlook. The UK CBI survey showed UK retail conditions deteriorated sharply in August, with the retail sales balance falling to -48% from -26%. Retailers reported weak demand, worsening sentiment, and continued cuts to investment and staffing plans.