News

German Defense Minister Pistorius: Russia produces 150 short- and medium-range missiles per month, but only a portion of them are used on the front lines in Ukraine.

German Defense Minister Pistorius: Russia is trying to intimidate and undermine our society, and is taking on increasing risks in the process.

Middle East analyst Luciano Zakara stated that despite continued mediation efforts, neither Iran nor the United States appears inclined to return to the negotiating table. He said, "Both sides have indicated that they will not stop retaliating as long as they are attacked. Therefore, we are trapped in this tit-for-tat cycle of retaliation, with no end in sight." Zakara indicated that neither side is willing to "sit down and reconsider" measures that could de-escalate the situation. He pointed out that further sanctions and a naval blockade of Iran do not seem sufficient to achieve Trump's desired goals. Zakara stated that the United States hopes to "strangle the Iranian economy" through economic punishment, and direct attacks on ships and oil facilities appear to have become another means of exerting pressure.

According to Interfax news agency, Kremlin spokesman Dmitry Peskov said Russia is open to trilateral talks between Russia, the United States, and Ukraine.

Sources familiar with the matter revealed that JPMorgan Chase CEO Jamie Dimon plans to meet with British Chancellor of the Exchequer John Healy on Wednesday. The British government is considering imposing a windfall profits tax on banks in its upcoming budget.

The German Federal Network Agency reported that bidding demand for gas-fired power plant capacity tenders far exceeded expectations.

Amazon (AMZN.O) has set the size of its first sterling bond issuance at £4.25 billion.

The weekly change in U.S. ADP employment figures for the week ending August 22 will be released in ten minutes.

HP: is developing an open, enterprise-grade AI platform to provide specially built AI infrastructure.

A German government spokesperson stated that the Ukraine negotiations are a positive sign, and Germany welcomes them.

Nasdaq ETF Cathay: Trading will be suspended from the opening of the market on September 10, 2026 until 10:30 on the same day.

The yield on German two-year government bonds rose to 3.052%, a 7.2 basis point increase on the day, marking the largest single-day gain since early July.

Russian presidential aide: Russia considers Abu Dhabi a priority location for negotiations with Ukraine.

As Trump's directives for war against Iran repeatedly triggered global market turmoil, his personal energy portfolio appreciated significantly. According to CNBC's analysis of Trump's annual financial disclosures, quarterly corporate reports, and FactSet market data, from February 27th, just before the outbreak of war, to August 31st, Trump's nine largest oil and gas holdings appreciated by approximately $1.5 million to $4.4 million. These nine holdings were identified by aggregating the stocks of these oil and gas companies held in his various investment accounts as of the end of 2025 and ranking them by disclosed value: Chevron, ConocoPhillips, ExxonMobil, Kinder Morgan, Marathon Oil, Occidental Petroleum, Phillips 66, Valero Energy, and Williams Industries. The disclosed data shows that his accounts repeatedly sold before ceasefire announcements and bought on the first day of the war. As of June 29th (the latest disclosed trading date), Trump's accounts reported buy transactions involving the aforementioned nine companies and at least 23 sell transactions. On March 2, the first trading day after the initial US-Israeli attacks on Iran, Trump's accounts disclosed purchases of shares in eight major oil and gas companies. The timing of the sales was equally noteworthy: on April 7, one of Trump's investment accounts disclosed the sale of $500,000 to $1 million worth of Exxon stock. Just over two and a half hours after the market closed, Trump announced a two-week ceasefire with Iran, and the stock opened more than 6% lower the following morning. Donald Sherman, president of Citizens for Responsibility and Ethics in Washington, stated, "The perception of avoiding thousands of dollars in losses on the eve of an announcement that could impact the market is indefensible under any circumstances." Although Trump claimed that his investment accounts were managed by external managers, ethics experts say that delegating day-to-day transactions to others does not eliminate potential conflicts of interest. Scott Gretak, deputy executive director of Transparency International's US branch, said, "Discretionary accounts are merely a smokescreen, not blind trust. While others may be executing the transactions, Trump is still aware that he has invested heavily in the energy sector and can see that his assets are benefiting as his administration's actions drive up these energy stocks."

British Prime Minister Burnham: I will not support a proposal to halt the construction of data centers. It is crucial that the community sees the benefits that data centers bring.

The yield on the two-year U.S. Treasury note rose to 4.42%, its highest level since July 2024.

Fitch: A severe stock price shock scenario would lead to a US economic recession.

The FCHI index fell 2.00% during the day.

Uber (UBER.N) has set the size of its first European bond issuance at €4.5 billion.

Bank of Montreal: Initiates coverage research on Nike (NKE.N), giving it an underperform rating; target price of $30.