Forex
Novartis Phase III trial results for del-desiran from the Avidity acquisition miss primary endpoints in treating myotonic dystrophy type 1
Finance Review Daily is tracking this developing story; additional confirmed specifics had not been verified at the time of publication.
iBio’s obesity pipeline advances with long-acting antibody IBIO-610, Q3 2027 trial targets
San Diego-based iBio outlined a robust obesity-focused pipeline at Wells Fargo’s 2026 healthcare conference, including a first-in-class Activin E antibody and a Phase III trial costing between $300 million and $800 million.
Yen strengthens as BOJ hawkish signals lift government bond yields
USD/JPY fell to 157.6 on fresh rate-hike expectations from the Bank of Japan, while the 10-year JGB yield hit 3% and U.S.-Japan officials agreed to coordinate on currency stability.
Voyager Therapeutics Highlights Tau Antibody and Gene Therapy Programs at Wells Fargo Healthcare Conference
Voyager Therapeutics outlined its clinical progress in Alzheimer’s disease treatments, including a tau antibody program and blood-brain barrier gene therapy, amid analyst interest and upward earnings revisions.
Indian Rupee Rises Amid FCNR-B Deposits and RBI Intervention
USD/INR slides 0.6% to 94.408, supported by capital inflows and forex market intervention by the Reserve Bank of India.
Intuitive’s da Vinci system linked to shorter hospital stays, faster recovery in study
A meta-analysis of 14 million procedures found robotic-assisted surgery reduced hospital stays by up to 4 hours versus laparoscopic methods, and 2 days versus open surgery, with no major differences in complications.
Nurix Therapeutics Highlights Pipeline, $700M Roche Deal at Wells Fargo
Nurix Therapeutics outlined its clinical progress and a $700 million upfront deal with Roche, positioning its BTK degrader pipeline as a growth driver in a $13 billion market.
Japanese Yen Jumps on Fed Rate Hike Expectations, BOJ Policy Shift
The yen strengthened sharply against the dollar amid rising expectations of a Bank of Japan rate hike and coordinated U.S.-Japan efforts to manage exchange-rate volatility.
Bybit Launches 24/7 USDT-Settled FX Perpetuals for EUR/USD, GBP/USD, USD/JPY
Dubai-based Bybit added USDT-settled perpetual contracts tracking three major currency pairs, offering 24/7 trading and up to 100x leverage as it expands its TradFi derivatives suite.
Novartis Phase 3 Harbor trial for del-desiran (from Avidity acquisition) misses its primary endpoint in myotonic dystrophy type 1
Finance Review Daily is tracking this developing story; further verified details were not immediately available.
Enovis Highlights Robotics Push Amid Growth Amid Market Normalization
CEO Damien McDonald outlines strategic robotics investments, including Amplitude Surgical acquisition and U.S. knee robot launch plans, amid mixed regional market conditions.
Canadian dollar gains as oil rally offsets trade and Fed concerns
The loonie rose to C$1.3788 per U.S. dollar as crude climbed to multi-month highs, while Canada imposed C$20 billion in retaliatory tariffs and markets awaited U.S. inflation data.
Canadian dollar rises on oil rally, offsetting trade tensions and Fed watch
The Canadian dollar strengthened against the U.S. dollar as oil prices surged, countering concerns over trade disputes and employment data divergence with the U.S.
Japanese Yen rallies to a seven-month high against a subdued U.S. dollar ahead of upcoming U.S. inflation data.
The yen climbed to its strongest level in seven months versus the dollar as markets await the next U.S. inflation release.
Thousands protest in Berlin after far-right AfD actions
Thousands gathered in Berlin to protest actions by the far‑right Alternative for Germany (AfD).
Green Circle Partners with SANVO for Thermal Panel Production in China
The Cayman Islands‑based Green Circle Decarbonize Technology Limited has entered a strategic partnership with Hong Kong‑listed SANVO Fine Chemicals Group to manufacture BocaPCM‑TES thermal energy storage panels in China, with SANVO acting as exclusive producer for an initial three‑year term.
Canadian Prime Minister Mark Carney floats idea of making Canada an associate member of the EU
Canadian Prime Minister Mark Carney has suggested Canada could become an associate member of the European Union.
Yen Strength Pushes USD/JPY Toward 152 as Carry-Trade Unwind Continues
USD/JPY trades near 153 as yen momentum builds on expectations of a hawkish Bank of Japan and potential GPIF reallocation. Next key support at 152, with 150 in view if it breaks.
NeuroPace Faces FDA Challenge on IGE Seizure-Treatment Device
NeuroPace’s (NPCE) next-generation epilepsy treatment, targeting drug-resistant idiopathic generalized epilepsy (IGE), is poised for FDA review amid mixed clinical trial results and regulatory hurdles.
EUR/USD Trades in Narrow Range Ahead of ECB and Fed Rate Decisions
The pair held between 1.1590 and 1.1650 as investors price a 25‑basis‑point ECB increase to 2.50% and assess whether the bank will signal the end of its tightening cycle; Fed hike odds rose to roughly 58% after a stronger‑than‑expected US payrolls report.
IonQ’s $8.18M Quantum Security Deal Expands Post-Quantum Cryptography to Congruity360
IonQ’s quantum key distribution and Solteris network appliances will bolster Congruity360’s enterprise data security, targeting sectors from finance to defense.
USD/JPY falls below 153 as yen short squeeze meets Middle East escalation
The analysis says the dollar fell from above 160 yen to below 153, a seven-month low, as Middle East hostilities lifted oil and risk-off pressure hit equities.
Intel Foundry and ASML report High NA EUV lithography production milestone
The companies said they have reached a production milestone for high numerical aperture extreme ultraviolet lithography.
Mayfair Gold Advances Fenn-Gib Exploration, Eyes 2028 Construction
Mayfair Gold completed a summer drilling program at its Fenn-Gib project in Northern Ontario, hitting 4.45 g/t gold over 1.5m and confirming infrastructure sites ahead of planned South Block drilling.