According to Politico: The EU is pushing to ease subsidy rules for small media outlets.

Apple (AAPL.O) shares hit a near three-week high, recently up 2.1%.

US Dollar: 1. US media: US debt may surpass the $40 trillion mark this week. 2. Bank of America survey: Warsh is likely to take a neutral stance at the Jackson Hole conference. 3. ADP weekly employment report: In the four weeks ending August 1, private sector employers added an average of 9,500 jobs per week. 4. Traders are hedging against the risk of the Fed turning to rate cuts in 2027. Euro: 1. Eurozone bonds join the global sell-off, yields rise to multi-year highs. 2. ECB Chief Economist Lane: Inflation is expected to hover around 3% for the remainder of the year. Pound Sterling: 1. Capital Economics: UK unemployment report suggests the Bank of England may pause rate hikes. 2. UK annual inflation rises, mainly driven by an increase in the energy price cap. Korean Won: 1. South Korean think tank KDI: Inflation is expected to average 2.7% in 2026, unchanged from previous forecasts. 1. Inflation is projected to average 2.2% in 2027, unchanged from previous forecasts. 2. The South Korean won broke through the 1400 mark against the US dollar for the first time since October last year. Japanese Yen: 1. Mizuho Securities expects the Bank of Japan to accelerate its interest rate hike pace: action could occur as early as next month, with a quarterly rate hike anticipated. 2. Japanese corporate profits exceeded expectations, potentially signaling a new phase in the stock market rally. Australian Dollar: 1. Reserve Bank of Australia Deputy Governor Hauser: If inflation does not decline, another interest rate hike will be necessary. Others: 1. Bank of Thailand: Second-quarter lending grew by 2.0% year-on-year. 2. Saudi Arabia is reportedly strengthening regulations on transfers to banks in the UAE, widening the rift between the two countries. 3. Governor of the Bank of Israel: We just released very strong GDP data, but there are some warning signs. 4. Central Bank of Venezuela: The economy is projected to grow by 7.14% year-on-year in the second quarter of 2026. 5. Trump suspended the 50% tariff increase on Canada for three days. 6. Traders: The Reserve Bank of India sold dollars in the foreign exchange market to support the rupee. 7. The Philippine peso fell to a record low due to rising oil prices. 8. Foreign capital inflows into Asian bond markets fell to a four-month low in July, impacted by the oil price shock. 9. Joint intervention by the US and Japan triggered a chain reaction, shifting the focus of carry trades to the Swiss franc. 10. Egypt's trade deficit widened to $7.48 billion in June. 11. The Central Bank of Ethiopia heavily depleted its dollar reserves to prevent currency depreciation.