News

Goldman Sachs raised its 12-month target for the Japanese TOPIX index to 4,600 points, up from 4,500 points previously.

Canada's GDP annualized rate in June was 2%, below the expected 2.00% and the previous value of 1.70%.

Canada's June GDP rose 0.3% month-on-month, below the expected 0.20% and the previous month's 0.30%.

Shares of JBS, the world's largest meat processor, fell 5.2%, while Tyson Foods fell 2.4%.

US President Trump: Seeking to break this powerful monopoly.

US President Trump: Ranchers and farmers face huge problems with large processors, which many call a vicious monopoly.

US President Trump: I cannot allow large processors to harm farmers and ranchers.

US President Trump: I have authorized the drafting of legal documents that would give farmers and ranchers the right to process their own food.

Canada's June GDP monthly rate will be released in ten minutes.

Ukrainian President Volodymyr Zelenskyy stated that the Main Military Intelligence Directorate (GRU) also possesses evidence that a large oil refinery in Kestovo, Nizhny Novgorod Oblast, Russia, has ceased production. This refinery processes 17 million tons of crude oil annually. Furthermore, other Russian refineries have also ceased production.

Ukrainian President Zelensky: It is important that the world's major jurisdictions provide appropriate sanctions support. The supply of all components, equipment, and machinery used by Russia for missile production must be completely cut off.

Ukrainian President Zelensky: We now have the latest data on Russia's ballistic missile production and its plans to expand production capacity, and we will take countermeasures.

Ukrainian President Zelensky: Military intelligence has confirmed that our long-range strikes are highly effective, especially against Russian military production facilities and oil industry facilities.

Ukrainian President Volodymyr Zelenskyy stated that, given the Russian fleet's inability to escort merchant ships and shadow fleets entering relevant ports, one solution Russia is considering is equipping civilian vessels with light weapons, electronic warfare equipment, and military personnel. We will prepare corresponding countermeasures against Russia's militarization of shipping.

Ukrainian President Zelenskyy: According to internal Russian documents, exports of some of its products have already fallen by 80% this month alone. This has caused substantial damage to the Russian federal budget and regional budgets, some of which were already on the verge of bankruptcy.

A Reuters poll found that 14 of the 29 economists surveyed said the Bank of Canada would keep its overnight rate at 2.25% until the end of the third quarter of 2027 (compared to 13 of the 26 economists surveyed in July).

A Reuters poll of 35 economists indicated that the Bank of Canada will keep its overnight rate at 2.25% on September 2.

JPMorgan Chase raised its price target for Marwell Technology (MRVL.O) from $240 to $305.

According to CBS, citing the Secretary General of the International Maritime Organization, approximately 6,000 seafarers remain stranded on 400 ships in the Strait of Hormuz.

Reserve Bank of India: As of August 21, India's gold reserves stood at $114.22 billion, unchanged from the previous week.