forex cross rate

According to Israel's Channel 12: Israel's finance minister is expected to sign an order to lower fuel consumption taxes, thereby reducing the price of fuel for consumers, as the blockade of Iran is anticipated to cause a sharp rise in fuel prices.

Icelandic Prime Minister: We will continue to strengthen relations with the European Economic Area (EEA). This government will not engage in accession negotiations with the EU.

1. **Monday:** ① Data: China's official August manufacturing PMI; Germany's preliminary August CPI month-on-month rate; the US August Dallas Fed Business Activity Index; ② Event: The G20 Finance Ministers and Central Bank Governors Meeting will be held until September 1st. 2. **Tuesday:** ① Data: China's August RatingDog Manufacturing PMI; UK's August Nationwide House Price Index month-on-month rate; Switzerland's July real retail sales year-on-year rate; final August manufacturing PMIs for France, Germany, the UK, and the Eurozone; UK July Bank of England mortgage approvals; Eurozone's preliminary August CPI and July unemployment rate; US August S&P Global Manufacturing PMI final reading, August ISM Manufacturing PMI, July JOLTs Job Openings, and July Construction Spending month-on-month rate. ② Event: The 2026 SCO Heads of State Council Meeting will be held. ③ Earnings Reports: NIO and Dell (US stock market after-hours). 3. Wednesday: ① Data: US API and EIA crude oil inventories for the week ending August 28; Australia's Q2 GDP annual rate; US August ADP employment change and July factory orders month-on-month rate; ② Events: Reserve Bank of New Zealand announces interest rate decision and monetary policy statement; Bank of Canada announces interest rate decision, Governor Macklem and Senior Deputy Governor Rogers hold a monetary policy press conference. ③ Earnings Reports: Broadcom (US stock market after-hours). 4. Thursday: ① Data: China's August RatingDog Services PMI; Switzerland's August CPI month-on-month rate; final August services PMI readings for France, Germany, the UK, and the Eurozone; Eurozone's July PPI month-on-month rate; US August Challenger job cuts; initial jobless claims for the week ending August 29; July trade balance; final August S&P Global Services PMI; August ISM Non-Manufacturing PMI; US EIA natural gas storage for the week ending August 28. ② Events: The Federal Reserve releases its Beige Book on economic conditions; Federal Reserve Governor Waller gives an interview. 5. Friday: ① Data: Eurozone July retail sales month-on-month; Canadian August employment change; US August unemployment rate, August seasonally adjusted non-farm payrolls, August average hourly earnings year-on-year, August average hourly earnings month-on-month; August global supply chain stress index. ② Events: 2026 FOMC voting member and Cleveland Fed President Hamak delivers opening remarks at the "Fed Community" event; Bank of England Governor Bailey speaks. 6. Saturday: ① Data: US total oil rig count for the week ending September 4. Saudi Aramco releases official crude oil prices around the 5th of each month.

India and Uzbekistan have agreed to a $5 billion bilateral trade deal over the next four years.

[Iran War Pushes Up G7 Government Financing Costs; US Bears Largest Increase] According to the Financial Times, since the US launched its war against Iran in February, rising global bond yields have increased borrowing costs for the world's largest developed economies by tens of billions of dollars. Analysis of government bond issuance data shows that since the start of the war, rising yields have added an extra $16 billion to the sovereign debt financing costs locked in by G7 countries. If the yield increase continues, these countries are expected to pay an additional $34 billion in financing costs by the end of the first quarter of next year. Currently, yields on almost all G7 government bonds across all maturities are higher than in February. The US has borne the vast majority of the new costs, estimated at $10.6 billion, as it is the largest economy in the G7 and has the world's largest sovereign bond market. If the rising yields continue until the end of the first quarter of 2027, the US is expected to pay an additional $21.7 billion in interest costs. Major energy importers such as the UK, Italy, Germany, and Japan have also been affected. Other G7 countries have borne slightly more than a third of the total increase in costs.

US President Trump: The fake polls used by our corrupt media are completely out of control, and action must be taken. The Federal Communications Commission (FCC) steps in to save the day!