News
UK public sector net borrowing in August was £18.268 billion, below the expected £15.55 billion and the previous month's £1.8 billion.
The UK government's budget deficit in August was £10.005 billion, revised from -£29.006 billion to -£26.808 billion in the previous month.
The UK's August net public sector borrowing figures will be released in ten minutes.
According to Iraqi media Al-Maalomah, Iraqi politician Mohammed Dari al-Dulaimi stated that Washington is increasing pressure on Baghdad in an attempt to force Iraq to accept its policies, and that the US is using oil and the dollar as two major tools of pressure in this process.
According to Israeli media reports, diplomatic officials stated on Tuesday that the sharp escalation of the situation between Saudi Arabia and the Houthi rebels has raised concerns about the conflict spreading further to other countries in the region. The United States is worried that the conflict could continue to escalate and potentially prompt the Houthis to resume direct attacks on Israel. These officials stated that the key question now is whether the situation can be brought under control or whether the confrontation will continue to escalate. One of the regional consequences being assessed by all parties is the possibility that the Houthis might attempt another direct attack on Israel, as they did last year. The US Embassy in Israel also issued an alert, urging US citizens to remain vigilant and consider the possibility of flight disruptions, airspace closures, and transportation disruptions. However, diplomatic officials emphasized that this expanded and updated security warning does not necessarily mean that any immediate new developments are expected. They stated that these words also reflect the US government's responsibility to warn US citizens in the region and clearly explain the potential seriousness of the situation should the conflict escalate.
Jefferies: Lowered its price target for Boeing (BA.N) from $295 to $265.
The local governor stated that the Russian attack on Dnipro, Ukraine, resulted in three deaths.
Russian Ministry of Defense: We attacked targets in Kyiv, Poltava, Odessa and Dnipropetrovsk.
Russian Ministry of Defense: We have struck Ukrainian companies in the metallurgical, fuel, and energy sectors.
India's SENSEX index has given back its gains and is currently down nearly 0.2%.
The Russian Ministry of Defense stated that it has struck Ukrainian ships and port infrastructure.
According to Interfax news agency, citing the Russian Ministry of Defense, Russia has launched a large-scale strike against targets in Ukraine.
European Central Bank Chief Economist Lane: Artificial intelligence brings a lot of uncertainty to individuals, but I think it will ultimately help improve overall living standards. Some professions may be affected, but in terms of the overall economy, I think the net impact will be positive.
European Central Bank Chief Economist Lane: While the Middle East wars and energy shocks are the main issues at present, we must also consider the temporary positive impact of government spending and the potential long-term positive impact of artificial intelligence.
ECB Chief Economist Lane: The future trajectory of oil and gas prices largely points to an improvement in the situation later this year. Things won't return to normal, but they will be better than they are now. Even so, much uncertainty remains surrounding this benchmark.
European Central Bank Chief Economist Lane: If the energy shock is not so severe, we believe there will be some positive factors for the economy.
Market news: Traders say the Reserve Bank of India may be selling dollars to support the rupee.
According to Iranian media reports, Iranian Foreign Minister Abbas Araqchi, upon arriving in New York, stated that the primary objective of his visit was to defend the rights and interests of the Iranian people within the framework of the United Nations. Speaking about the recent war launched by the United States and Israel against Iran, Araqchi stated that the current state of war continues. He also criticized the United Nations for its ineffective performance in maintaining peace and security, emphasizing the need to restore trust in this international organization. Araqchi stated, "Due to the United Nations' ineffective performance in maintaining international peace and security, people have lost trust in the United Nations. Some countries believe they have the right to do whatever they want. Western and European countries have remained silent and have not made any serious condemnations."
Iranian Foreign Ministry spokesman Bagaei: US officials blaming Iran for rising fuel prices makes it seem as if the public's memory is so short that they'll forget who started this war of aggression, whose actions created this crisis that ultimately led to the closure of the Strait of Hormuz and the disruption of commercial shipping. However, this is nothing new. In 1939, Hitler also packaged his invasion of Poland as a "defensive action." When the instigator of an illegal "selective war" turns around and blames the victims for its consequences, should this be seen as "strategic brilliance," or merely a textbook symptom of "The March of Folly"?
European Central Bank Chief Economist Lane: We have not yet seen a second wave of inflation. Rising energy prices will push up food prices, and pressure on the service sector should remain under control. The economy will grow at a stable but moderate pace.