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9/4
06:16
Morgan Stanley expects the Fed to keep rates unchanged, despite Chair Kevin Warsh’s hawkish Jackson Hole speech. The bank forecasts August core CPI at +0.23% MoM and core PCE at +0.20%, supporting patience. PCE revisions could also lower annual core inflation to around 3.1% from 3.3%, suggesting Warsh’s rhetoric likely preserves policy flexibility rather than signaling an imminent hiking cycle.
06:05
Analysts point to weak consumer spending as the primary reason for market pressure, which is expected to persist until the end of the year.
06:02
The move follows reports that such data was used to target U.S. forces in the Middle East. Lawmakers are pressing the Pentagon for stronger safeguards, warning adversaries could simply purchase sensitive troop-location data. Officials are also considering tighter restrictions on personal phone use during deployments.
06:02
Citi analysts predict the Apple iPhone 18 series is expected to be released on September 9, with the first foldable model, the iPhone Ultra, potentially priced over $2,000, and Pro models possibly seeing a price increase of about $200. Key upgrades include the A20 2nm chip, Apple's self-developed modem, and improved cameras. Citi expects iPhone 18 shipments to reach 61.8 million units in the second half of 2026, with total iPhone shipments for this year at 246 million units. Major suppliers include Foxconn, TSMC, Samsung Display, and LG Innotek.
05:58
Netflix is increasing subscription prices by up to €2 across Germany and Austria, impacting approximately 18% of its EMEA subscribers. Citi estimates these hikes could boost average revenue per user (ARPU) by 24% in Germany, 15% in Austria, and roughly 1.5% company-wide. However, consumer protection rules may delay some benefits until 2027. Citi maintains a bullish stance with a Buy rating and a $100 price target, compared to Netflix's recent closing price of $82.67.
05:58
The Kremlin stated it is too early to discuss the prospects or details of any new Ukraine peace plan, adding that while a peace settlement remains possible, there are currently no concrete signs of progress. Moscow also declined to confirm a potential Witkoff-Kushner visit, saying it will provide information if and when a visit takes place.
05:55
Societe Generale, in its latest report, reiterated its positive outlook on gold, viewing it as a hedge against currency and policy uncertainties. The bank believes that the impact of hawkish Federal Reserve expectations has largely been priced in, limiting downside risks. Deutsche Bank, in its September 3 report, noted that discretionary hedge funds, asset managers, and banks are successively buying physical gold, confirming a structural shift in capital flows, although institutional holdings remain low. According to Bloomberg, several leading asset management firms, including Amundi, Pictet, Robeco, and Fidelity International, have increased their gold holdings during the price pullback. Amundi expects gold prices to return to $5,000 per ounce within the year.
05:52
Al Jazeera, citing an investigation, reported that the Israeli government funded a secret propaganda operation through its national advertising agency, LaPam. This operation, utilizing an entity called the "Hanover Institute for Public Policy," leveraged "AI story optimization" technology from New York advertising firm Piro Inc. to generate over 560,000 words and 124 "academic-style reports" in nine days. The aim was to influence search engine results and AI chatbot responses to shape the understanding of Palestine. The report noted that Politico's tests showed ChatGPT and Perplexity had cited Hanover's materials when answering relevant questions, indicating that the operation sought to influence information reception as determined by AI algorithms, rather than directly persuade readers in the traditional sense.
05:48
Several major banks have released their forecasts for the US August Non-Farm Payrolls (NFP) and unemployment rate. The median forecast for NFP is an increase of 55,000 jobs, with the unemployment rate expected to be 4.1%. The prior NFP figure was -23,000, with an unemployment rate of 4.09%.

Individual bank forecasts for NFP range from +16,000 (RBC) to +95,000 (TD Securities). Notable forecasts include Goldman Sachs and BofA at +40,000, JPMorgan and BNP Paribas at +50,000, and Morgan Stanley, Deutsche Bank, and UBS at +65,000.
05:35
Tempus AI shares surged 24% after Moderna and Merck announced positive late-stage melanoma results, The Wall Street Journal reported. Tempus AI acquired Personalis for $16.25 per share (totaling $1.5 billion) on July 20. Personalis has been involved in Moderna's clinical programs and is expected to benefit from the "gold rush" in personalized cancer therapies.
05:32
Trump's Friday schedule for September 4, 2026, includes an 8:00 AM executive time, a 9:00 AM in-town pool call time, a 12:30 PM policy meeting in the Oval Office, and a 1:30 PM executive order signing at the White House. Later in the day, he is scheduled to depart for Bedminster, New Jersey.
05:22
The benchmark Hang Seng Index rose 437 points, or 1.7 percent, to close at 25,650 on Friday, with the tech index gaining 2.3 percent. This surge followed Federal Reserve governor Christopher Waller's indication that he leans towards keeping interest rates steady this month if inflation data continues to moderate. Alibaba shares gained 2.4 percent, and Xiaomi climbed 3.6 percent. Mainland stocks, however, edged down, with the Shanghai Composite Index falling 0.3 percent, as AI shares lost momentum and concerns over higher US yields persisted.
05:11
Philip R. Lane, a member of the European Central Bank's (ECB) Executive Board, stated at a conference in Dublin that since 2010, the proportion of female staff at the ECB has increased across all salary grades, with the largest increase (+32 percentage points) seen in senior management. The proportion of women across all salary grades has now reached a "critical mass" of 33%.
05:06
The move is part of Singapore's efforts to cement its status as an Asian gold trading hub, and comes as central banks, such as the Netherlands, are rethinking where to store their bullion due to geopolitical concerns, creating potential opportunities for regional custody services.
05:02
Retail Sales MoM: -0.6%, Expected 0.3%, Previous -0.3%
Retail Sales YoY: 0.6%, Expected 1.1%, Previous 0.7%
Release Time: 2026-09-04 09:00 UTC
04:51
U.S. stock futures nudged higher and Treasury yields edged lower in early European trade on Friday, as investors held positions steady ahead of crucial U.S. jobs data. This follows Thursday's rally in stocks and stabilization in sovereign bonds, with sentiment turning positive after comments from Federal Reserve Governor Christopher Waller.
04:50
The Philippines peso hit an all-time low of 62.71 to the US dollar on Friday, continuing its downward trajectory since the start of the year, having lost about 6% of its value against the US dollar since January 1. The currency's depreciation is attributed to the fallout from the Iran war, which disrupted oil supplies from the Strait of Hormuz and led to rising oil prices. This has forced Philippine importers to convert more pesos for US dollars to purchase crude, driving down the local currency's value. Additionally, rising US Treasury bond yields have encouraged international investors to shift from developing economies' currencies to safer dollar-denominated assets. Analysts note that the peso's weakness largely stems from the Philippines' large twin (fiscal and current account) deficits and elevated inflation, which stood at 6.1% in August, well above the central bank's 3% target. On
04:44
The Hong Kong Interbank Clearing Limited (HKICL) has identified a fraudulent website, kichkfips[.]com, which imitates its Faster Payment System (FPS) services, including "Buyer Online Protection." The site attempts to trick users into providing personal document numbers, ID photos, and phone numbers for "real name verification" to get cash rewards, and bank details for virtual wallet top-up and withdrawal. HKICL clarifies it has no affiliation with the site and does not directly provide FPS services to individuals, urging the public to be vigilant.

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