Economy

• US manufacturing is showing gradual signs of stabilisation after a prolonged slowdown caused by higher interest rates and weaker global demand.

• The US housing market remains resilient despite elevated mortgage rates and affordability challenges.

• The US Treasury market remains the world's most important fixed-income market and continues shaping global financial conditions.

• The US economy continues to expand despite elevated interest rates and moderating labour market conditions.

• Iran remains one of the most closely watched foreign policy issues in Washington despite reduced military activity compared with earlier in the year.

• Voting rights and election administration remain among the most debated political issues ahead of the 2026 U.S. midterm elections.

• President Donald Trump is leading one of the largest federal patriotic celebrations in decades.