Last week was a rising week for the Helsinki and US stock markets, but the Stoxx 600 index weighed slightly on the downside. The interest rate market has subtly shifted, as elevated growth and inflation expectations, along with increasing government borrowing, have pushed up interest rates.

US inflation is increasingly becoming a non-story. The month-on-month rise in consumer prices almost halted in July. This reinforces the Federal Reserve's "no rush to hike yet" narrative.

The cost of weather phenomena in Europe this summer has already been estimated at hundreds of billions of euros. Record-breaking heatwaves, drought, and forest fires have hit the same areas simultaneously, and their impact is also visible in economic statistics. The full costs will only materialize years from now.

Just a few years ago, China was a key demand country for German industry. Now it has fallen to the fifth most important export destination, and the gap is widening further.

Last week was a rising week for European and US stock markets. The July employment report from the US, released at the end of the week, revealed vulnerabilities in the economy.

The El Niño weather phenomenon recurs every few years, raising global temperatures, bringing heavy rainfall to South America, and simultaneously causing droughts in Asia. Its effects can also be seen in our wallets.

Are we there yet? The question is all too familiar from family road trips during summer vacation, but it is increasingly on investors' minds regarding the current economic cycle. It is a good reminder that a cycle never dies of old age, but rather from structural problems.

During Kevin Warsh's tenure as Governor of the Federal Reserve, two things have happened: the central bank has increasingly put the ball in the court of market participants and stopped "guiding" the market. This means confusion and volatility.

The annual report is an instructive read in all its arrogance

The yen's exchange rate has slipped to its lowest level in 40 years, and on Friday, Japan and the United States jointly intervened in the matter. Currency interventions are not common, and the US has its own interests in them.

After all, the Finnish economy has grown, and at an accelerating pace for the past two and a half years. But does it change anything in our behavior?

A SPAC, or Special Purpose Acquisition Company, is a way for a company to end up on the stock exchange outside of a traditional IPO.

The European Central Bank's interest rate decision on Thursday was expected. The central bank raised its key interest rates by 25 basis points, bringing the deposit rate to 2.25%.

A 25 basis point rate hike is expected from the European Central Bank's interest rate meeting on Thursday.

China's export growth accelerated significantly in May. Growth reached 19.4% after an already strong 14.1% in April, exceeding the market's 15% expectation.

Investor sentiment in the AI sector has completely turned around within a year.

Last week was volatile for the stock markets: Nasdaq Helsinki managed to end the week in positive territory, but a down week was seen more broadly in Europe and the United States. The AI theme continues to find investors' interest. Further, interest rate hike expectations gained momentum in the US as employment figures surprised positively.

In economic history, states have typically stretched their borrowing capacity to the limit as a result of major wars or global catastrophes.