News

Japan's final reading for nominal GDP growth in the second quarter was 1.3%, below the expected 1.30% and the previous reading of 1.20%.

Japan's final GDP deflator for the second quarter was 2.6% year-on-year, below the expected 2.60% and the previous reading of 2.60%.

Japan's seasonally adjusted annualized bank lending rate excluding trusts was 5.8% in August, compared with 5.90% previously.

Japan's seasonally adjusted current account balance for July was 2,523.1 billion yen, compared to 1,396.9 billion yen in the previous month.

Japan's unadjusted current account balance for July was 2,988.9 billion yen, compared to a forecast of 2,869.8 billion yen and a previous reading of -92.3 billion yen.

Japan's trade balance in July was -399.9 billion yen, compared to -135.2 billion yen in the previous month.

Japan's final Q2 GDP growth rate for private consumption was 0%, in line with expectations and unchanged from the previous quarter.

Japan's final reading for second-quarter GDP growth in corporate spending was -0.9%, compared to a forecast of -0.80% and a previous reading of -1.20%.

Japan's July trade account will be announced in ten minutes.

Japan's overtime pay growth rate in July was 3.1% year-on-year, compared to 2.8% in the previous month.

Japan's July labor cash income annual rate was 4.7%, below the expected 3.80% and the previous value was revised from 3.40% to 4.00%.

US President Trump: When we win the war against Iran, oil prices will plummet like everything else (and even more!). Oil prices might fall to three dollars a gallon, but eventually they will fall below two dollars a gallon. All of this will happen very quickly, and Iran will never have nuclear weapons.

UK BRC total retail sales rose 0.7% year-on-year in August, down from 1.3% in the previous month.

UK BRC same-store retail sales rose 0.5% year-on-year in August, compared with 1.00% in the previous month.

New Zealand's seasonally adjusted manufacturing activity rose 3.1% quarter-on-quarter in the second quarter, compared with 2.80% in the previous quarter.

New Zealand's manufacturing activity grew at a quarterly rate of 0.8% in the second quarter, compared with 3.60% in the previous quarter.

Tibo, Product Manager at OpenAI Codex: We will be performing a global reset of all paid subscription usage, which is expected to take place around 6 p.m. Pacific Time today.

**Rezaei, Secretary of Iran's Supreme National Security Council:** Washington has recently received a clear signal from Iran's new missile operations. Any economic war will be met with a response, and Iran will designate the area in the Persian Gulf extending into the US maritime blockade as a no-go zone. The operational posture against US warships and military bases has undergone a fundamental shift.

Iranian Foreign Ministry spokesman Bagaei: Canada's support for the US policy toward Iran is essentially a capitulation to US pressure, which damages its diplomatic credibility.

U.S. Central Command: The USS George H.W. Bush continues its blockade of Iran in the Arabian Sea.