Forex

Citigroup warns aggressive Treasury yield cap may weaken dollar
Citi’s asset allocation head cautions that capping long-end U.S. Treasury yields could divert investor flows from Treasuries, reducing dollar demand. The 30-year yield hit a 2007 high as fiscal and duration risks mount.

U.S. imposes new Iran-linked sanctions amid six-month war milestone
Washington targets a Hong Kong-based entity and an individual tied to Bank Melli of Iran. Treasury Secretary Scott Bessent warns of further measures as conflict enters its sixth month.

Ukrainian official expects imminent technical talks on Russia war
Kyrylo Budanov, Ukraine's top presidential advisor, says near-term discussions will focus on logistics and preparations for broader negotiations. Russia's stance remains unchanged on Donbas withdrawal.

EUR/USD’s uptrend reveals key lessons in momentum and structure
Analysis of the pair’s four-hour chart highlights how impulse bursts, anchored VWAP reactions and horizontal structure shape trend quality and potential inflection points.

CRISPR reports one-year data for CTX310 gene therapy
One-year results show CTX310 reduced ANGPTL3 by 79% in a Phase 1a trial, with no dose-limiting toxicities reported. Data presented at ESC Congress 2026 and published in NEJM.

Molecular Partners extends cash runway to 2027, advances cancer drug pipeline
Swiss biotech firm raises next dose level for experimental DLL3-targeting therapy MP0712 while reducing R&D spend. Loss narrows to 26.7 million francs in H1 2026.

U.S. Supreme Court allows Trump to restrict mail-in voting ahead of elections
High court grants emergency stay on mail-in voting rules, but states retain ability to challenge the policy before November vote. Trump's order ties postal ballots to state-approved voter lists.

Kodiak AI to deploy AMD processors in autonomous truck fleet
Kodiak AI will integrate AMD EPYC processors into its seventh-generation autonomous truck platform, aiming for public highway deployment later in 2026. The move targets higher processing speeds and lower power consumption for sensor-heavy workloads.

Kodiak AI partners with AMD for autonomous truck processors
Kodiak AI will integrate AMD’s EPYC processors into its seventh-generation autonomous truck platform, aiming for faster sensor data processing and public highway deployment later this year.

Oil prices dip as Iran-Oman talks raise Strait of Hormuz reopening hopes
Crude futures eased after reports of a potential temporary shipping corridor in the Strait of Hormuz, though analysts caution any normalization remains contingent on broader sanctions relief.

U.S. durable goods orders rise 1.1% in August, outpacing forecasts
New orders for long-lasting manufactured goods increased more than threefold versus expectations, signaling potential industrial rebound. The dollar gained ground on the data.

Dollar consolidates as trade tensions, bond market weigh on greenback
The U.S. currency stabilizes after a volatile session, with U.S.-Canada auto tariffs, Treasury buyback plans and geopolitical risks limiting upside. Focus shifts to U.S. consumer confidence and German Ifo data.

Why the Dollar’s Upcoming PCE Test Could Unsettle the Yield Curve—and What It Means for Euro‑Dollar
As core PCE looms, a retreat in long‑dated yields signals a fragile dollar rally; I argue the data will reshape expectations for Fed policy and the EUR/USD trajectory.

Imunon sets Sept. 23 R&D event on ovarian cancer therapy IMNN-001
Clinical-stage biotech Imunon will host a New York investor day to detail progress on its DNA-based ovarian cancer therapy IMNN-001, including Phase 3 OVATION 3 trial status and Phase 2 OVATION 2 results.

US dollar under pressure ahead of PCE data as yields retreat
Long-dated Treasury yields have fallen after bond buybacks expanded, while oil prices eased; core PCE data will test if disinflation narrative holds.

EUR/USD holds gains above 1.1575 as energy prices ease ahead of Jackson Hole
Euro strengthens on softer oil prices and falling Treasury yields, with core PCE and Fed Chair Warsh’s speech next on the agenda.

CPC Blend oil exports capped at 1.5M bpd for September
Kazakhstan's CPC Blend exports for September match August levels, with maintenance at Karachaganak field offsetting potential Black Sea disruptions.

Meta to debut Hatch AI agent platform within weeks
Consumer-facing AI agent platform follows internal tests; premium tier could cost up to $199.99 monthly. Watermelon model slated for October release.

Citi flags Ryanair, IAG and Air France-KLM as top European airline picks
Citi’s quant team identifies three Western European carriers where institutional investors are building long positions amid shifting sector sentiment and margin pressures.

Ukrainian advisor says Russia talks possible in September with U.S. mediation
Kyrylo Budanov cites a potential September window for negotiations with Moscow, with Washington's involvement seen as essential. Earlier trilateral talks stalled in February amid territorial disputes and shifting U.S. priorities.

Kremlin rejects U.S. media reports of potential Russia-NATO attack
Moscow denies claims that Russia may target a NATO member, calling reports 'alarmist' and unrelated to Russian intentions. CIA Director's Moscow visit also refuted by Kremlin.

Natera, Angiex team up to test cancer drug with Signatera ctDNA monitoring
Partnership combines Angiex's AGX101 trial with Natera's Signatera test to assess treatment response via circulating tumor DNA in Phase I study. Trial registered as NCT06440005.

Dollar edges toward eight-day high on U.S. data, Fed rate hike bets
U.S. economic reports including a smaller-than-expected jobless claims drop and a wider-than-forecast goods trade deficit lifted expectations for a September Federal Reserve rate hike, supporting the dollar near multi-day peaks.

Brazil real steady vs dollar after IPCA-15 deflation surprise
The U.S. dollar held near stability against the Brazilian real on Wednesday after the mid-month inflation reading showed deeper-than-expected deflation in August.

