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The Federal Reserve accepted $6.726 billion from four counterparties in its fixed-rate reverse repo operation.
2026-09-01
The Federal Reserve accepted $6.726 billion from four counterparties in its fixed-rate reverse repo operation.
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2026-08-31
China A-share innovative-drug stocks slid; Hansen Pharmaceutical hit the daily down limit. Jiankai Technology, Wanbang Pharmaceutical and Puruisi fell more than 10%; Toujing Life Sciences, Baipusaisi, Qianjin Pharmaceutical, Yuheng Pharmaceutical and
China A-share innovative-drug stocks slid; Hansen Pharmaceutical hit the daily down limit. Jiankai Technology, Wanbang Pharmaceutical and Puruisi fell more than 10%; Toujing Life Sciences, Baipusaisi, Qianjin Pharmaceutical, Yuheng Pharmaceutical and Xidian Pharmaceutical also declined.
2026-08-31
Bessent's line that "Iran is not ready" reflects the Trump administration's assessment of acceptable deal terms. PEZESHKIAN on Aug. 31 said he still sought talks, but US and Iranian forces exchanged fire the same day, underscoring a gap on terms. Bes
Bessent's line that "Iran is not ready" reflects the Trump administration's assessment of acceptable deal terms. PEZESHKIAN on Aug. 31 said he still sought talks, but US and Iranian forces exchanged fire the same day, underscoring a gap on terms. Bessent's call that "oil will fall" is conditional: if the US suppresses Iran's mine‑laying capability and reopens the Strait of Hormuz, and global demand weakens, the geopolitical risk premium could unwind quickly. Physical flows do not yet confirm that path — weekend transits through the strait were only about five commodity vessels per day and Brent briefly traded at $91.52. A Reuters survey still sees a 2026 crude deficit of roughly 1.65–3.5 mln b/d. At the same time, the US Treasury is enforcing a 'zero‑leakage' campaign against Iranian oil transport and finance; tighter sanctions could tighten supply before producing Iranian concessions.
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