NHC: System southwest of the Azores has an 80% chance of developing into a tropical depression within 48 hours.

The Bank of Japan tightened policy but the yen weakened, potentially undermining US Treasury Secretary Bessent's drive to support the currency after he helped lead a coordinated intervention earlier this summer—the first since 1998. Evercore ISI analyst Krishna Guha said the BOJ's tilt toward hawkishness fell short of market expectations; Bessent had flagged "information asymmetry," and the BOJ's reluctance to signal more aggressive action will pressure efforts to bolster the yen.

Novo Nordisk (NVO.N): CHMP issues positive opinion for Sogroya for pediatric treatment in Europe.