Recurring series

Paul Donovan's Daily Audio

Finvaulta tracks 39 editions of Paul Donovan's Daily Audio from UBS, published between May 14, 2026 and October 6, 2026. Each edition is summarized on its own page.

Latest edition · October 6, 2026

Audio en 1667562

UBS Chief Economist Paul Donovan examines geopolitical shifts in Yemen and Saudi oil infrastructure risks, alongside US diesel tax changes. He also previews European manufacturing data, the upcoming Spanish general election, and US trade figures highlighting AI's import dependency.

In this daily update, Paul Donovan discusses how reported Yemeni government gains against Houthi forces could influence crude oil pricing after recent strikes on Saudi infrastructure. Meanwhile, US tax-exempt diesel expansions could indirectly lower transport costs, though consumer pass-through remains uncertain. In Europe, political focus turns to a newly scheduled November Spanish election and fiscal debate in France, while European manufacturing data remains resilient. Finally, incoming US trade figures are set to highlight the US AI buildout's heavy reliance on imported components.

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Key takeaways from the latest edition

1.Yemeni government advances against the Houthis following attacks on Saudi oil infrastructure could influence crude oil prices, while refined product dynamics and diesel tax exemptions drive consumer costs.
2.US diesel tax deferrals of USD 0.244 per gallon affect consumer prices indirectly via transport costs rather than direct calculation inclusion.
3.European political and economic developments include an early Spanish general election called for November, resilient European manufacturing reality, and impending industrial data releases.

What this series covers

Audio

Edition archive

Series at a glance

Editions tracked: 39
First edition: May 14, 2026
Latest edition: October 6, 2026

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