Forex

Meta in ongoing EU talks over addictive social media features
European Commission continues discussions with Meta after preliminary findings of Digital Services Act violations linked to Facebook and Instagram design features. No timeline set for resolution.

Brazil raises Selic-linked debt share target to 53% for 2026
National Treasury increases projected share of floating-rate bonds to 49%-53% amid economic uncertainty, while trimming inflation-linked and fixed-rate allocations.

Brazil’s Bolsonaro camp proposes debt ceiling with automatic spending cap
Proposal aims to cap gross public debt at 65% of GDP, triggering spending limits if breached. Debt has risen over 10 percentage points since 2023 under Lula.

Morningstar, PitchBook partner with Google Cloud on AI tool
Partnership integrates Morningstar’s public market data and PitchBook’s private market intelligence into Google Cloud’s Gemini Enterprise for Financial Services.

Aussie dollar strengthens on hawkish RBA bets after hot inflation data
Australian inflation and spending data fuel rapid repricing of RBA rate hike odds, lifting AUD across major crosses. Technical breakdowns emerge in EUR/AUD and GBP/AUD, while AUD/NZD breaks wedge resistance.

USD/CAD rises as tariff uncertainty weighs on Canadian dollar
The loonie extends losses as trade policy risks mount, with technical analysis pointing to further downside unless support levels hold.

AI Upside and Downgrades: Why the Euro Faces a Fork in the Road
European AI moves—from Einride’s fleet platform to analyst downgrades of SAP—create a split narrative for the euro, balancing productivity hopes against near‑term risk sentiment.

Einride debuts AI platform for electric fleet automation
Flip AI automates charger diagnostics, maintenance tickets and delay alerts across disconnected fleet systems. Product launch follows Einride’s July acquisition of Flipturn.

Russia’s oil output falls 19.3% y/y in July as refinery attacks bite
July petroleum production declined for the seventh consecutive month, though the pace of the annual drop eased from June. Year-to-date output is down 9.2% through July.

WHO declares end of Uganda Ebola outbreak amid rising cases in Congo
Uganda was declared free of the Bundibugyo Ebola strain after 20 cases and 2 deaths, while the DRC faces its second-deadliest outbreak with over 5,600 cases and a $30 million funding shortfall.

OpenAI expands free ChatGPT access to over 100,000 educators
Expansion targets 55 additional U.S. school systems, covering one in five of the nation's largest districts, with free access through June 2028. Data privacy agreements cover 16 states.

OpenAI unveils Admin plugin for ChatGPT Work and Codex
The tool lets workspace administrators manage settings, permissions and spending requests directly within ChatGPT, integrating with Slack and Microsoft Teams.

Iran reiterates Hormuz Strait closure as regional conflict enters seventh month
Tehran insists the Strait of Hormuz remains shut amid escalating tensions with Washington, while Iraq seeks to mediate. Regional energy markets face persistent disruption.

White House weighs sweeping tariffs on semiconductors, AI-linked tech
Proposal targets chips, laptops and servers with exemptions tied to U.S. manufacturing investments, as industry warns of supply shortages and margin pressure.

OpenAI expands free ChatGPT for Teachers program to 100,000 more educators
Program now reaches over 300,000 educators across 30 states after adding 55 school systems. Free access and training remain available through June 2028.

Rússia intensifica ataques na 'zona cinzenta' com tensões OTAN
Moscou amplia ações em áreas não claramente definidas como conflito aberto, enquanto relações com a Aliança Atlântica se deterioram.

EUR/USD steadies near 1.1660 after PCE-driven pullback
Pair consolidates gains after July data tempers Fed dovish expectations; 1.1710 remains key resistance. Analysis suggests policy-convergence trade may have peaked.

Morningstar, PitchBook integrate AI tools with Google Cloud's Gemini
Morningstar and PitchBook join Google Cloud as launch partners for an AI platform tailored to financial services, enabling subscribers to access research and private market data directly within the system.

White House weighs broader tariffs on semiconductors and tech imports
Proposal targets chips, laptops and servers to boost U.S. production; industry warns of supply risks and margin pressure. Commerce Secretary Lutnick advocates linking tariff relief to domestic investment.

South African rand gains as dollar weakens despite business cycle downturn
The rand advanced 0.4% against the dollar on Tuesday as commodity prices rose and the greenback softened, offsetting a third consecutive monthly decline in South Africa's leading business cycle indicator.

Serbian president criticizes UN tribunal over Ratko Mladic's death
Aleksandar Vucic calls the handling of the former Bosnian Serb commander's death in detention 'uncivilized' after tribunal denies transfer request. Investigation launched into circumstances of 83-year-old's passing.

Chinese Tiangong robot runs 100 meters in under 9 seconds at Beijing event
Tiangong Ultra clocked 8.86 seconds in the semifinals of the World Humanoid Robot Games, surpassing Usain Bolt's 2009 record by 0.72 seconds. Over 2,000 robots competed in 51 events.

Nigeria orders rescue operation after mass kidnapping in Niger State
President Bola Tinubu directs military and security forces to launch an immediate operation to free hundreds of women, children and elderly people abducted during an attack on a mosque. At least 30 killed, 2,000 displaced.

Salesforce targets enterprise AI with dynamic interfaces in 12 months
CEO Marc Benioff outlines three phases of AI adoption and plans to launch a proprietary interface within a year. Salesforce reports $43 billion in annual revenue and $169 billion market cap.

