Forex
U.S. Treasury to unveil new Iran sanctions plan on Monday
Secretary Scott Bessent to detail measures aimed at isolating Tehran economically and curbing proxy activities. Press conference follows remarks on CNBC.
Auckland Airport posts flat profit as $1bn capex weighs on earnings
FY26 underlying profit fell 0.5% to $309m despite 3% revenue growth and $1.07bn in new assets commissioned. Dividend maintained at 13.25 cents per share.
Trump urges Senate to pass crypto market structure bill amid industry backing
President Donald Trump and crypto executives push for the CLARITY Act, as the Senate bill faces delays despite bipartisan support and regulatory momentum.
Bitcoin crosses 200-day moving average in nine-month first
Cryptocurrency climbs to near $73,000 after Treasury liquidity measures ease long-term yields. Analysts cite technical breakout as potential downtrend reversal signal.
Brazil allocates $444M to AI supercomputing, partners with U.S., China
Government splits 2.3 billion reais across projects in Rio de Janeiro and Rio Grande do Norte, targeting top-tier AI processing and semiconductor development. Nvidia seen as likely tender winner for tender-based supercomputer.
Canadian dollar climbs to near three-month high on oil and trade optimism
The Canadian dollar strengthened as oil prices rose and optimism grew over trade negotiations.
EUR/USD nears three-month high as dollar weakens on Treasury buybacks
Euro climbs to 1.1711 after U.S. long-dated Treasury yields drop on expanded buyback operations, while ECB rate hike odds rise to 84%.
U.S. considers cutting Canadian auto tariffs to 15% from 25%
Proposal would reduce levies on cross-border vehicle shipments while maintaining domestic content rules. Canada set to rescind retaliatory measures under the framework.
Carry traders target Swiss franc as yen loses appeal
Hedge funds boosted net short positions in the Swiss franc to a two-month high as yen carry trades face volatility after recent interventions. Analysts cite low Swiss rates and SNB intervention risks as key drivers.
Stripe acquires AI model routing platform OpenRouter
Deal expands Stripe's AI infrastructure offering with OpenRouter's 400-plus model gateway. Terms undisclosed as both companies integrate.
Palo Alto Networks unveils AI-driven defense program for critical infrastructure
Palo Alto Networks launches Frontier AI Critical Defense Program to shield critical infrastructure from AI-powered cyber threats. The initiative leverages AI to identify 14,000+ open-source vulnerabilities and deploys network-level virtual patches.
Dollar weakens as front-end rate cushion erodes amid Fed uncertainty
Softer U.S. data and reduced expectations for further Fed hikes weigh on the dollar, while rising term premiums and policy uncertainty drive long-end yields higher ahead of FOMC minutes.
Oil prices rise on Strait of Hormuz supply risks despite muted U.S. response
Futures for Brent and WTI crude advance as geopolitical risks in key shipping lanes outweigh the absence of U.S. escalation. Vessel traffic through the Strait of Hormuz remains subdued.
Waymo unveils custom AI chip for robotaxis to cut Nvidia reliance
Alphabet’s autonomous vehicle unit develops in-house chip with over 1,000 TOPS performance, produced on TSMC’s 5nm process to enhance sensor processing and AI model execution.
Verbund says Siemens gear flagged in U.S. hacker alert is used in specialized areas
Austrian utility says it employs Siemens S7 PLCs but insists its systems are not internet-accessible and have seen no related incidents.
AUD/JPY eyes 113.44–113.50 after pullback, analysis shows
Technical analysis points to a potential rally in AUD/JPY after a corrective decline, with the pair targeting a resistance zone identified by the study. The outlook hinges on support holding near prior levels.
EUR/USD breakout strategy shows 78-81% daily directional accuracy
Analysis suggests using the overnight range and first 15-minute breakout during the New York session can establish a reliable intraday bias for EUR/USD, with historical probabilities exceeding 75%.
India widens rupee export payment rules to bolster global use
Regulator relaxes restrictions to allow rupee-denominated export settlements outside Asian Clearing Union, aligning with RBI’s 2023 currency push. Changes take effect immediately.
Pound steadies as UK inflation meets forecasts, BoE rate cut bets firm
Sterling holds near session highs after July CPI matched expectations, easing pressure on the Bank of England to maintain restrictive policy. Analysts see scope for easing next year.
AMSYS, Seyond partner to distribute LiDAR tech for smart cities and infrastructure
AMSYS will serve as Seyond’s strategic distributor and integration partner, combining LiDAR sensors with enterprise AI and digital twin platforms across government and industrial sectors.
SEC unveils crypto rules proposal, drawing bipartisan praise
Commissioners Hester Peirce and Paul Atkins commend new SEC framework as a shift from enforcement-only approach to clearer digital asset oversight amid stalled Senate legislation.
QTREX advances quantum chip tech with laser-printed carbon conductors
Israeli firm QTREX develops patent-pending method to convert dielectric material into conductive carbon for quantum computing packages, targeting qubit stability. Commercial rollout planned for Q3 2026.
USD/KRW slips below 1400 as Korean won strengthens on growth
The Korean won has rallied sharply this quarter, with USD/KRW falling below 1400 as domestic growth and export strength outweigh portfolio outflows. FOMC minutes and energy prices remain key risks for broader FX markets.
U.S. Treasury buybacks send dollar lower, yields tumble in global markets
Longer-dated Treasury buyback operations doubled to $16 billion quarterly starting Sept. 9, driving U.S. yields down and the dollar to seven-day lows against the yen. Equities and gold rallied as the greenback weakened broadly.