Forex

Brazilian real steady as central bank sells $2 bln in FX auctions
Spot dollar rises 0.10% to R$5.1582 amid central bank interventions ahead of Thursday auctions. Dual operations total $2 billion, offsetting liquidity impact.

South Korea’s FX fund bought $20 bln after SK Hynix ADR windfall
Authorities deployed the stabilization fund to absorb dollar inflows from SK Hynix’s $26.5 billion ADR listing in July, according to a source.

US jobless claims fall for second straight week to 203,000
Initial unemployment claims declined by 4,000 to 203,000 last week, below expectations of 208,000, signaling continued labor market resilience amid mixed economic signals.

Gold holds near $4,600 as investors eye Jackson Hole Fed remarks
Gold steadies after three days of tight trading, up 13% this month as U.S. debt-buying plans lifted bullion demand. Focus shifts to Fed’s Warsh speech Friday.

Milestone study highlights lifestyle impact of PSVT between episodes
Research presented at ESC Congress 2026 shows two-thirds of PSVT patients alter daily routines to avoid episodes, with driving and travel most commonly disrupted.

Apollo buys stake in Atlantic Aviation for nearly $10bn
Apollo Global Management acquires a significant stake in U.S. aviation services provider Atlantic Aviation, valuing the company at nearly $10 billion. KKR retains a substantial ownership stake.

Germany's labor market improves in August as hiring plans rise
Ifo employment barometer climbs to 94.8, highest since May 2025, while unemployment rate seen steady at 6.4%. Manufacturing leads gains amid sectoral divergence.

Qatar, Iran explore temporary Strait of Hormuz corridor with Oman
Qatar and Iran discussed a phased plan to establish a temporary joint shipping route through the Strait of Hormuz with Oman, alongside mine-clearing initiatives. Talks focused on easing regional tensions.

RBNZ’s Cautious Tone Signals a Longer‑Term Test for the Kiwi
A 25‑basis‑point hike to 2.75% couldn’t stop the NZD’s 1% slide – the RBNZ’s softer outlook may reshape the kiwi’s path amid a strong dollar and rising oil.

Meta removes ads for fraudulent apps posing as porn in India
Social media giant takes action after Indian authorities flag deceptive ads luring users to download malware. Scam apps accessed sensitive data and drained bank accounts.

New Zealand dollar drops 1% after RBNZ signals cautious rate path
Kiwi falls to $0.5834 as central bank softens hawkish tone despite 25bp hike to 2.75%. U.S. dollar strength and oil surge add pressure.

Asian currencies drop as dollar strengthens; kiwi hits 2024 low
The New Zealand dollar fell to its weakest level since mid-August after the RBNZ raised rates, while the U.S. dollar advanced on expectations of a September Fed hike. The yen remained above 160 per dollar amid policy uncertainty.

Iran's supreme leader bans acts undermining social cohesion
Supreme Leader Mojtaba Khamenei issues decree prohibiting activities that threaten national unity, calling for positive messaging to bolster public morale.

BoE’s Bailey warns AI models could disrupt financial stability
Bank of England Governor cautions G20 that advanced AI systems may amplify cyber risks and trigger market-wide corrections. Regulatory gaps and concentrated tech dependencies cited as key vulnerabilities.

U.S. Treasury defends yen intervention, warns of global borrowing risks
Scott Bessent cites potential forced unwinds of yen holdings and higher U.S. borrowing costs as justification for rare Treasury-led currency support. Japan reports $96.4 billion spent to stabilize the yen.

Israeli strike in West Bank kills three, Israel cites Hamas target
Israel said the operation targeted a Hamas member in Jenin. Palestinian groups reported civilian casualties and interference with ambulances. Separate Gaza strikes killed five.

Zelenskiy orders 1,000 daily drone strikes on Russia
Ukrainian president escalates aerial campaign with new target of 1,000 long-range drone attacks per day, up from current 300. Order issued during nightly address amid ongoing conflict.

Trump says U.S. not engaging Iran, prioritizes economic pressure campaign
White House rules out talks with Tehran as Treasury warns of secondary sanctions; Qatar’s PM seeks to ease tensions. Trump cites Russia, China espionage comparisons.

Brazil’s 2027 budget projects 0.1% primary surplus, below target
Planning Minister Bruno Moretti confirms the 2027 budget will forecast a 0.1% primary surplus, falling short of the 0.50% target due to court-ordered spending exclusions.

U.S. renames Lake Ontario to Lake America in federal decree
Trump signs order rebranding Lake Ontario as Lake America, drawing swift backlash from Canadian leaders and Indigenous groups. Move follows prior renaming of the Gulf of Mexico.

Anthropic unveils AI hardware standard to speed lab automation
Model Hardware Standard aims to cut device integration time from months to minutes while enabling AI agents to control lab and industrial equipment. Preview open to partners and sectors.

OpenAI, Nvidia CEOs to speak at G20 AI policy meeting in North Carolina
Tech leaders including Sam Altman and Jensen Huang will join U.S. officials at a G20 ministerial gathering next week to discuss AI regulation and emerging technologies.

Cloudflare debuts adaptive bot-detection engine to counter AI-driven threats
New Adaptive Intelligence engine integrates with Bot Management to generate and rotate security rules in real time, drawing on traffic from over one trillion daily web visits.

Fortinet unveils free U.S. high school cybersecurity curriculum
Two-year program offers lesson plans and instructor materials at no cost, aligning with educational standards and industry certifications. Chicago Public Schools among early pilot districts.

