UBP says oil above USD 100 raises inflation fears, keeps central banks on tightening path

• UBP flagged a renewed inflation shock as Middle East conflict pushed Brent above USD 100/bbl, triggering broad bond and equity sell-offs.
• ECB raised rates 25 bps to 2.5%; markets price a Fed hike at 90% probability as yields jumped across the US, eurozone, UK.
• US 2-year yield rose 26 bps to 4.63%; 10-year Treasury neared 5% as markets repriced tighter policy expectations.
• Global equities fell 0.9% on MSCI ACWI; energy gained 1.7% while Europe underperformed with STOXX Europe 600 down 1.7%.
• UBP expects volatility to be short-lived on resilient growth, citing potential Fed or Treasury action if yields overshoot.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Union Bancaire Privee UBP SA published the original content used to generate this news brief on September 14, 2026, and is solely responsible for the information contained therein.