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Yen support: Japan services PMI hits five-month high as inflation strengthens BOJ hike case !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

The EUR/USD pair holds steady near 1.1590 during the early Asian session on Thursday. The potential upside for the major pair might be limited amid hawkish Federal Reserve (Fed) expectations and escalating conflict in the Middle East. The US August ISM Services Purchasing Managers Index (PMI) report is due on Thursday. On Friday, traders will closely monitor the US Nonfarm Payrolls (NFP) data. Fed Chair Kevin Warsh warned last week that policymakers may need to tighten again if inflation fails to move convincingly towards 2%. His hawkish remarks could lift the USD and act as a headwind for the pair. Expectations…

AUD/NZD spent Wednesday pushing at a ceiling that has held since 2013, running from near 1.2100 to a high short of 1.2300 and trading just above 1.2250 into the European afternoon. The Australian Gross Domestic Product (GDP) beat and the New Zealand rate decision landed within hours of each other, and the tidy explanation is that the Aussie caught a bid on the data. The arithmetic says something less flattering.Only one leg actually movedSet the cross gain of 1.07% against the New Zealand Dollar’s own 0.82% decline on the US Dollar in the same window, and the Australian contribution comes…

US President Donald Trump said that while the US is prepared to strike Iran again at any time, he doesn’t expect the renewed fighting to last “too long,” Reuters reported on Wednesday.Iran’s Supreme Leader Mojtaba Khamenei said that Iran’s armed forces have “unforgettable lessons” in store for the US in his first message since fighting resumed after a month of relative calm.Meanwhile, Supreme National Security Council Secretary Mohsen Rezaei said Washington will soon witness Tehran’s “new strategy” for war.Market reactionAt the time of writing, the West Texas Intermediate (WTI) is down 0.04% on the day at $91.12. WTI Oil FAQs…

Septembre a une réputation de roi maudit sur les marchés actions américains. Depuis 1950, c’est l’unique mois au rendement moyen historiquement négatif, selon John Plassard, associé de Cité Gestion. Sur les dix dernières années, la tendance de long terme se confirme, pour tous les indices américains, à l’inverse de novembre et juin qui sont les meilleurs mois.Cette année, les marchés parviendront-ils à conjurer le mauvais sort ? Pour l’instant, la sérénité est de mise : le VIX, l’indice de la peur, végète à 16 points. Mais la rentrée s’avère plus délicate que parfois, car certains fondamentaux économiques se tendent.

CNBC’s Jim Cramer said Wednesday investors aren’t abandoning artificial intelligence or technology stocks altogether — they’re ditching expensive stocks.”There’s no revulsion to the data center or AI stocks or even momentum plays, it’s just that when bond yields go up, money managers dump their expensive stocks and swap into cheaper ones,” the “Mad Money” host said.Some of the market’s highest-flying technology stocks have come under pressure in recent weeks, fueling concerns that enthusiasm for AI is fading. Cramer said that’s not the case and investors have simply become less willing to pay premium valuations for stocks that need near-perfect results…

High earners can now get £500 when switching to one of NatWest’s premier current accounts, which are tailored to the wealthy.While the offer is one of the best bank switching deals on the market, it is only open to high earners and those with large savings or investments with NatWest.You need either a minimum income of £100,000 a year (or £120,000 for a joint account), savings and investments of at least £100,000, or a NatWest mortgage of at least £500,000 to qualify for the Premier account. Try 6 free issues of MoneyWeek today Get unparalleled financial insight, analysis and expert…

RetailCEO Tadashi Yanai to counter AI era with enhanced physical store experienceTadashi Yanai, chairman and CEO of Uniqlo parent Fast Retailing, says there is value in holding and feeling products in physical stores. (Nikkei montage/Source photos by Nikkei)TAKASHI SUGIMOTOSeptember 3, 2026 06:32 JSTTOKYO — In an era when an outfit is just a click away, casual clothing chain Uniqlo is betting heavily on the value of physical stores at home in Japan.

Costco did not even sell merchandise on its website until 1998, and in those days, the selection was very limited. Sure, Costco Travel lived there, but the website was more about advertising ancillary services such as TurboTax access than about selling anything to members. In recent years, however, Costco has offered a greatly expanded selection, and it allows members to use Instacart and Shipt to order select items directly from its warehouses. It had also been building on that with its digital-only program, Costco Next, which lets members access items the warehouse club does not stock. It’s not a new…

Iran fired on U.S. allies in the Gulf early Wednesday following a night of American bombardment that Iranian state media says included a deadly strike on a wedding party. The latest violence came after a monthlong lull in fighting. The six-month war has led to a spike in oil prices, roiled the global economy and posed increasing political problems for U.S. President Donald Trump’s Republican Party ahead of November midterm elections. Fighting has escalated since the American military hit Iranian rocket launchers on an island in the Strait of Hormuz over the weekend, saying Iran was planning to use them to lay mines. Iran retaliated by firing missiles…