U.S. Treasury Plans $6 Billion 10- to 20-Year Bond Buyback
The U.S. Treasury raised the size of its planned buyback operation for Treasurys maturing in 10 to 20 years to $6 billion, triple the typical amount.
----
Brent Hits $100 as U.S.-Iran Escalation, Houthi Strikes Deepen Gulf Supply Fears
Brent topped $100 a barrel for the first time since July as fresh U.S.-Iran attacks and Iranian missile fire into Jordan added to the escalating conflict.
----
U.S. Stocks Decline, Led Lower by the Dow
U.S. stocks are on course for their third straight decline after investors expressed disappointment that the Treasury Department's expanded bond buyback program wasn't larger.
----
The High-Stakes Gamble Playing Out in the Natural-Gas Market
Europe has stockpiled only enough natural gas to get through a mild winter.
----
Platinum Set for Surplus After Three Years of Deficit
Supplies will be in surplus this year as investors turn their back on the metal and Chinese jewelry demand weakens, the World Platinum Investment Council said.
----
Are Germany's Factories Turning a Corner?
Factory orders and industrial production rose in the second quarter, shaking off fears of a slowdown as disruptions in the Hormuz Strait sent energy prices soaring.
----
Trump Signs Orders to Ban Some Canadian Products From U.S. Market
The ban will affect a small subset of industries but could be ruinous for those companies if the trade prohibitions go into effect in three weeks.
----
Europe Gas Prices Hit Highest Since 2023 as Market Braces for Prolonged LNG Squeeze
Extended disruption could leave Europe competing with Asia for a shrinking pool of available cargoes as winter approaches.
----
China's Consumer, Producer Inflation Edge Higher
China's consumer and factory-gate prices rose in August, fueled by energy-market jitters tied to renewed tensions in the Middle East.
----
Chinese Regulators Seek Higher Bar for Humanoid-Robotics Listings
Chinese humanoid-robotics companies could face a narrower path to public markets as authorities seek to calm the frenzy that followed robot maker Unitree's roller-coaster listing.
----
RBA's Hawkish Comments Have Lit Fuse for September Rate Increase
Central bankers are usually reserved, with their public comments limited to pre-prepared lines that are often coached into them by internal staff.
----
The ECB is virtually certain to raise rates Thursday. Wall Street is bracing for what comes next.
While nearly all observers anticipate a rate hike today, there is dissent among bond markets about the terminal rate for this tightening cycle from the ECB. Much depends on events in the Middle East and their impact on energy prices and inflation.