Forex

China, Jordan urge U.S.-Iran ceasefire amid regional tensions
Beijing and Amman call for preservation of truce as Xi meets Jordan’s King Abdullah; Strait of Hormuz passage cited as key concern.

Expion360 rebrands as Expion Energy, enters oil and gas sector with Louisiana deal
The company formerly focused on battery production will acquire an oil and gas exploration opportunity in eastern Louisiana for $3.425 million, with plans to lease up to $4 million in acreage. The deal requires drilling by February 2027.

Oil drops over $2 as U.S. expands Iran sanctions
Brent and WTI crude fell more than 2% after Washington tightened secondary sanctions on Tehran, while analysts warn the impact may be limited without broader compliance. TotalEnergies says it continues shipping through the Strait of Hormuz despite tensions.

Lexicon secures $10M milestone from Novo Nordisk in obesity drug deal
Lexicon Pharmaceuticals receives third milestone payment under a $1 billion collaboration with Novo Nordisk for the obesity drug LX9851, with Phase 1 trials underway.

Alnylam to unveil ATTR, hypertension drug data at ESC 2026
Late-breaking studies on vutrisiran and zilebesiran will be presented during the European Society of Cardiology Congress in Munich. Data include Phase 3 and Phase 2 analyses alongside real-world ATTR burden findings.

Brazilian real weakens as dollar rises on U.S. Iran sanctions outlook
Brazil's currency fell 0.25% against the dollar amid rising geopolitical risk after the U.S. signaled expanded sanctions on Iran. Local polls show a tightening presidential race.

U.S. proposes 7.5% tariff on China before Trump-Xi summit
Washington plans a 7.5% tariff on Chinese goods under Section 301, capping second-term duties at 20%. The move comes ahead of the September 24 summit between Trump and Xi.

U.S. plans 7.5% tariff on China overcapacity ahead of Xi-Trump summit
Washington targets Chinese goods with Section 301 tariff as investigation nears completion, leaving 12.5 percentage points before hitting 20% cap agreed last year.

China, Jordan urge preservation of U.S.-Iran ceasefire amid regional tensions
Beijing and Amman call for restored Strait of Hormuz shipping lanes and warn of escalation risks in West Bank and East Jerusalem.

Brazil spot dollar rises 0.23% to R$5.1534 as U.S. currency strengthens
The Brazilian real weakened against the greenback as the U.S. Dollar Index climbed 0.20% to 99.004, with the spot dollar closing at R$5.1534. September futures on B3 traded up 0.23% at R$5.1580.

U.S. soldier fights CFTC intervention in Polymarket trading case
Defense argues regulator's amicus brief in $400,000 prediction market case is an improper attempt to circumvent its own stalled civil action against the soldier.

Aggreko plans NYSE IPO as energy transition fuels demand
UK-based temporary power provider Aggreko files for a U.S. listing amid rising energy security concerns and grid strain from electrification. Goldman Sachs and J.P. Morgan to lead the offering.

Canadian dollar weakens 0.6% as U.S. tariff threats weigh on loonie
Loonie falls from two-month high after Trump proposes 50% tariffs on Canadian autos and parts, while Ottawa prepares retaliatory measures. GDP growth and jobs data fail to offset trade risks.

Trump approval hits record low as U.S. backing for Iran war declines: poll
Approval of Donald Trump's presidency drops to 33%, the lowest in the Reuters/Ipsos series, while support for military action against Iran falls to 31% amid rising gasoline prices and prolonged conflict concerns.

WTI crude holds near $85.22 as traders eye $87.69 breakout
Oil consolidates within a $4.50 range as technical indicators signal indecision. Analysts outline bullish and bearish scenarios with defined risk/reward parameters.

U.S. cancels joint naval drills with South Korea amid Iran war troop constraints
Washington cited personnel shortages tied to the Iran conflict for pulling out of the Ssangyong amphibious exercise planned for September. Trump also ordered a scaled-down Ulchi Freedom Shield drill.

U.S. Treasury forms task force to address quantum computing risks in finance
New public-private initiative aims to prepare the financial sector for post-quantum cryptography transition amid rising cybersecurity concerns. Task force follows Trump executive order 14412.

FDA clears Roche, Eli Lilly Alzheimer's blood test Elecsys pTau217
The test aims to detect Alzheimer's-related brain changes in patients aged 55 and older with cognitive decline, complementing costly PET scans and invasive CSF testing.

Crypto groups sue Illinois over 0.2% digital asset tax set for 2027
Advocacy organizations argue the levy violates constitutional protections and risks duplicative taxation across state lines. The lawsuit follows a separate challenge to Illinois’ ban on prediction market contracts.

Erasca’s pancreatic cancer drug granted FDA Fast Track status
ERAS-0015, a pan-RAS molecular glue, receives Fast Track designation for metastatic pancreatic adenocarcinoma as Erasca plans three registration-enabling trials. Trial data showed 57% response rate in later-line KRAS G12X patients.

PTC Therapeutics highlights Sephience data at metabolic disorders symposium
Seventeen abstracts presented on sepiapterina at the Society for the Study of Inborn Errors of Metabolism event. Data show rapid phenylalanine reductions in PKU patients.

Eisai, Biogen launch at-home Alzheimer’s treatment with subcutaneous LEQEMBI
Subcutaneous lecanemab formulation enables weekly home dosing, reducing clinic visits. Biogen shares rose 1.13% following the announcement.

Hedgefonds erhöhen Dollar-Shorts vor US-Anleihenrückkaufplan
Investoren setzen auf Dollar-Schwäche, ausgelöst durch US-Finanzminister Bessents Ankündigung von Anleihenrückkäufen. Greenback fällt auf 0,8027 Franken nach Kursverfall.

Gold rallies to three-month high on weak U.S. jobs data, debt surge
Technical breakout above $4,000 per ounce coincides with dovish Fed expectations and record U.S. debt levels, fueling safe-haven demand. Analysts see scope for further gains to $5,000.

