Forex
US agencies warn of cyber threat to Siemens infrastructure systems
Multiple U.S. agencies flag potential hacking risks to Siemens hardware used in water and critical infrastructure control systems.
Dollar weakens on yield concerns as Bessent hints at new fiscal steps
U.S. Treasury Secretary Bessent’s pledge to double bond buybacks failed to lift yields, while a planned fiscal initiative to address borrowing costs weighed on the dollar. Japanese investors bought $36.5 bln in foreign assets in early August.
Trump says he will meet North Korea's Kim Jong Un this year
U.S. president confirms plans for a summit with North Korea's leader, citing improved ties despite unresolved nuclear tensions. Kim Yo Jong casts doubt on recent communications.
New Zealand’s Opportunity party proposes UBI and land tax overhaul
Leader Qiulae Wong outlines NZ$19,400 annual universal income funded by a 1.75% land tax, as polls show her party could hold the balance of power in the upcoming election.
Trump threatens Iran with unprecedented economic warfare
U.S. president warns of sweeping sanctions targeting oil smuggling, currency exchanges and shipping as diplomatic talks stall ahead of midterm elections.
Pound steadies near 1.3672 as U.S. Treasury buybacks weigh on dollar
Sterling holds gains as dollar softens after U.S. Treasury expands bond buybacks, while UBS sets GBP/USD targets at 1.40 by December 2026 and 1.41 in H1 2027.
Analysis: US Treasury buybacks seen supporting softer dollar, risk appetite
Analysts argue the latest US Treasury intervention signals concern over high bond yields rather than a policy credibility crisis, potentially aiding high-beta and emerging market currencies.
AUD/USD holds near 10-week high as dollar weakens despite weak jobs data
Australian dollar steadies near 0.7150 after July jobs report misses forecasts, with unemployment rising to 4.5% as the RBA maintains a tightening bias. The pair's resilience reflects broader dollar softness rather than domestic strength.
Dollar faces pressure as Treasury signals scrutiny of long-end yields
U.S. Treasury's buyback program sparks debate over yield-curve control, with FX traders weighing implications for dollar strength amid shifting policy signals.
Australia jobless rate climbs to 4.5% as hiring declines in July
Unemployment unexpectedly rose to 4.5% last month, with employment falling by 15,800 jobs, reversing most of June’s gains. Markets trim rate-hike bets ahead of September RBA meeting.
US-Schuldenlast von über 40 Billionen Dollar belastet Dollar weiter
Der Greenback bleibt unter Abwärtsdruck, während das US-Finanzministerium langlaufende Anleihen zurückkauft und die Schuldenlast weiter steigt. Der Euro notiert bei 1,1691, der Dollar-Franken bei 0,7999.
Anthropic taps Citigroup to lead IPO as listing nears
AI firm Anthropic enlists Citigroup to join Morgan Stanley, Goldman Sachs and JPMorgan as lead underwriters for a potential listing as soon as this month. The move signals the IPO’s growing scale.
USD/CHF bears regain control as Swiss franc draws haven flows
U.S. Treasury’s expanded long-end buybacks and shifting correlations fuel safe-haven demand for the franc, pushing USD/CHF below key support. Technicals and fundamentals suggest further downside if resistance holds.
Eurozone PMIs due as EUR/USD tests key resistance after technical reversal
August flash PMI surveys will test whether July’s economic rebound has staying power, while the single currency faces resistance at a three-month high after a bearish candlestick pattern.
U.S. Treasury vows ‘toughest sanctions in history’ on Iran amid escalating tensions
Scott Bessent outlines a dual strategy of blockade and unprecedented sanctions after President Trump pledged economic warfare. Beijing rejects U.S. pressure as shipping data shows Strait of Hormuz remains closed.
U.S. Treasury doubles buyback capacity amid dollar-debasement concerns
Expansion of long-dated bond purchases renews debate over fiscal sustainability and currency stability after yields hit multi-year highs.
U.S. vows ‘toughest sanctions in history’ on Iran amid rising oil prices
Treasury chief Scott Bessent signals unprecedented economic measures after President Trump warns of ‘economic warfare.’ Brent crude hits three-week high as tensions escalate.
Senator warns rushed crypto bill vote could backfire
Gallego urges Senate to delay CLARITY Act vote until disputes over ethics and stablecoin yield are resolved, risking bipartisan support. White House has not responded to compromise proposals.
Australia's private sector growth steady in August as services offset manufacturing dip
S&P Global PMI data shows private sector expansion for the fourth time in five months, though manufacturing contracted slightly while services activity remained robust.
Japan’s exports surge 23% to record high in July
Shipments to U.S. and China drive 23.2% year-on-year gain, outpacing import growth as trade deficit narrows. Yen weakness and AI demand cited as key supports.
Trump unveils sweeping new economic measures against Iran
U.S. president signals 'crushing economic operation' as Tehran vows to keep Strait of Hormuz closed until interim deal terms are met. Details of the measures remain limited.
Citi, HSBC, StanChart adopt Ant International’s AI forex tool
Six global banks, including Citi, HSBC and Standard Chartered, will deploy Ant International’s upgraded Falcon Time-Series Transformer Model 2.0 to enhance FX hedging and liquidity risk management.
Dollar near three-month low as Treasury targets long-dated bonds
U.S. currency slips after Treasury expands buybacks of 10-30 year debt to ease bond market stress; 30-year yield hits 19-year peak before easing.
Novartis to present cardiovascular data at ESC Congress 2026
Ten abstracts across Novartis's cardiovascular portfolio will highlight Leqvio, abelacimab and Entresto, including late-breaking Phase IV trial results and Lp(a) testing strategies.