Report published August 26, 2026
Bank J. Safra Sarasin Market Update: US, Europe & Asia (August 26, 2026)
Source and citation context
- Issuer
- Bank J. Safra Sarasin
- Report date
- August 26, 2026
- Analysis as of
- Not stated in source
Authors / editors: FSA Competence Center Equities
Finvaulta summarizes Bank J. Safra Sarasin's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Global equities traded mostly higher across the US, Europe, and Asia, bolstered by falling crude oil prices amid Middle East diplomatic talks. Market participants remain focused on upcoming Nvidia earnings, central bank decisions, and evolving US trade friction with Canada and China.
Key Takeaways
- 1.Global equities traded mostly higher as oil prices retreated following reported diplomatic progress between Iran, Oman, and Pakistan regarding safe navigation through the Strait of Hormuz.
- 2.German macro data provided positive surprises with Q2 GDP revised up to 0.3% q/q and the Ifo Business Climate index rising to 88.8, supporting economic recovery narrative despite fiscal deficit reaching 3.1% of GDP.
- 3.Trade tensions remain high as Canada announced $20B in retaliatory tariffs of up to 50% on US imports, and reports emerged of potential new US tariffs of 7.5% on China ahead of a planned September summit.
Table of Contents
- Market Barometer
- U.S. Markets Recap
- Synopsis
- Macro
- Notable Movers
- EU Market Recap
- Asian Markets
- Disclaimer
Report data
Market Barometer - Equity Market
| Metric | Estimate | Context |
|---|---|---|
| US August Consumer Confidence | 89.4 index points | August consumer confidence slipped to 89.4 against downwardly revised July figure of 90.2. |
| Germany Q2 GDP Growth (revised) | 0.3% | German GDP expanded 0.3% q/q and 1.0% y/y, representing a third consecutive quarterly expansion. |
| Germany Ifo Business Climate Index | 88.8 index points | Business sentiment beat expectations, driven by expectations jumping to 89.1. |
| US July New-Home Sales | 607.0 K SAAR | July new-home sales missed the 620K consensus. |
| Germany H1 General-Government Deficit | 71.3 EUR B | Deficit exceeded Maastricht 3% limit, driven by defence spending, special funds, and higher interest costs. |
Reports in this series
Market Update is shown in chronological order through this edition, published on August 26, 2026.
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Authors / Editors
Reported Data Context
- US August Consumer Confidence: 89.4 index points (2026-08)
- Germany Q2 GDP Growth (revised): 0.3 % (Q2 2026) · Source: Handelsblatt, Bloomberg
- Germany Ifo Business Climate Index: 88.8 index points (2026-08) · Source: Bloomberg, Reuters
- US July New-Home Sales: 607.0 K SAAR (2026-07)
- Germany H1 General-Government Deficit: 71.3 EUR B (H1 2026) · Source: Handelsblatt, DeStatis