波罗的海干散货运价指数上涨0.67%，至2863点。

The Federal Reserve said it will suspend Treasury purchases aimed at managing banking system reserves (RMP) for the next month, indicating reserves have reached a level the Fed considers adequate. The New York Fed said RMP buys will be paused for the operation cycle ending Sept. 14, while it will continue roughly $17.0 billion of maturing-principal reinvestments. The Fed said the adjustment is an operational change only and does not reflect a shift in monetary policy stance or balance-sheet strategy. It noted that higher US government cash balances could strain market liquidity but that funding markets remain functioning. In July SOFR was below the IORB for most of the month; the Aug. 12 SOFR fix was 3.62%, 3bp under the IORB.

Brazil said on the 13th it has initiated procedures under the Economic Equivalency Act to retaliate against new U.S. tariffs on Brazilian products. The government called the U.S. measures unreasonable and arbitrary, said it has already submitted evidence refuting allegations of unfair trade practices, and will continue to defend its position.