A European Commission spokesperson said the EU supports innovative AI services but will not compromise on safety; firms must demonstrate their safety for citizens.

Barclays economists said uncertainty over the Fed’s rate decision and broader US policy goals makes this week’s FOMC the market focus. Last week’s US CPI was interpreted as effectively locking in a 25bp hike. Barclays warned an unexpected decision to hold rates, or guidance implying materially fewer/lower hikes than the market’s roughly three expected, could further weaken the dollar in the near term.

China Aug M0 money supply YoY 11.2%, down from 11.6% in July.