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Iranian media Fars News: The deputy political commander of the Iranian Revolutionary Guard stated that, to date, their operations have been defensive; however, they may shift to an offensive posture in the future. The armed forces will adopt transfor

2026-08-17

Iranian media Fars News: The deputy political commander of the Iranian Revolutionary Guard stated that, to date, their operations have been defensive; however, they may shift to an offensive posture in the future. The armed forces will adopt transformative strategies and take any action necessary to defend the country.

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2026-08-16

Key market-moving items next week: China releases July retail sales, industrial output and total electricity consumption (Monday) — the closest thing to a July economic 'report card' for asset and policy watchers. The PBOC will conduct overnight reve

Key market-moving items next week: China releases July retail sales, industrial output and total electricity consumption (Monday) — the closest thing to a July economic 'report card' for asset and policy watchers. The PBOC will conduct overnight reverse repos Aug 17–19, and China publishes Swift RMB global payments share and the 1-year LPR on Thursday. The Fed releases meeting minutes on Thursday. US energy inventories (API and EIA crude) are due Wednesday; NYMEX September crude contract rolls on Friday. US labor and activity data include ADP payrolls, housing starts/permits and pending home sales (Tuesday), initial jobless claims and the Philadelphia Fed index (Thursday), and S&P Global August manufacturing and services PMIs (Friday, flash). Europe and UK: German/euro-area ZEW (Tue), UK and euro-area CPI (UK on Wed; euro-area final CPI Wed), and preliminary Aug manufacturing PMIs across major European economies and UK on Friday. Other data: Canada July CPI (Mon), Japan July core CPI (Fri), Australia July unemployment (Thu), euro-area current account (Wed), and US leading indicators (Thu). Corporate calendar: major China/HK earnings include Geely (Mon); Baidu and Xiaomi (Tue); Kuaishou, ZTO, Kingsoft, HKEX and Weibo (Wed); Ping An, China Telecom, NetEase, Alibaba, AIA, Li Ning, Pop Mart and Futu (Thu); ZTE, Sinopec and Beike (Fri). Events and policy signals: ECB President Lagarde speaks at a WEF panel on global economic outlook (Wed); Seoul AI Summit runs Aug 19–21 and the World Robot Conference Aug 19–23 (sector sentiment). Geopolitical risk: market commentary flagged by Bessent warning of a possible 'unprecedented' US economic strike on Iran this week — presented as a forecast/preview, not an official action.
2026-08-16

Romania's Ministry of Defense: A drone that violated its airspace has been shot down.

Romania's Ministry of Defense: A drone that violated its airspace has been shot down.
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