EUR/USD near 1.1604 (−~0.25% on the day) despite the ECB’s +25 bp hike, as August PPI YoY 5.4% beat the 5.3% forecast and lifted the dollar. DXY ~99.10; claims 206K. Stamps kept separate — not averaged.
ECB hikes 25 bps as expected: Main Refi to 2.65%, marginal lending 2.9%, deposit facility 2.5%. Staff projections accompany the print; Lagarde press conference is a separate follow.
Silver slides 2.3% to near $65.80 in Europe as the dollar recovers ahead of PPI. DXY ~99.86 on this stamp (not averaged with gold’s ~98.90). Headline PPI eyed at 5.3% YoY; Commerzbank ~60% hike odds.
Gold near $4,383 in Europe after an intraday high of $4,434 as the dollar steadies ahead of PPI. FedWatch ~62% Sep hike vs Reuters economists’ pause through year-end — both quoted, not averaged. DXY ~98.90; 10y ~4.85%.
VLCC earnings on the ME–China run hit a record near $800,000 a day, while US Gulf–Asia lump-sum fixtures print a record ~$29.5 million (~$15/bbl ex war-risk), Bloomberg and OilPrice stamp. Persian Gulf conflict and shipping workarounds are tightening the tanker list.
Nasdaq is investing $100 million in Payward, the parent of crypto exchange Kraken, through its venture arm, valuing the company at $21 billion, according to Bloomberg via Wu Blockchain. The capital injection deepens a March strategic partnership aimed at tokenized-equities trading, settlement, and custody infrastructure.
AUD/JPY near 110.70 in Europe on a fourth losing day as ME risk aversion weighs. Oil feeding Aussie inflation/RBA hike talk; Masu hawkish overnight; AU 10y ~5.27% and JP 10y ~2.93% stamped separate.
WTI slips to about $93.20 in early Europe on profit-taking, with US–Iran tensions capping downside. Body EU stamp kept separate from an Asian bullet — not averaged. API −300k; EIA later.
EUR/USD holds above 1.1630 with rallies capped below Wednesday’s ~1.1654 highs ahead of the ECB. Deposit hike consensus 2.50% from 2.25%; Germany final HICP in line.
Treasury Secretary Scott Bessent urged the Senate to advance the CLARITY Act, warning that walking away would forfeit enhanced crypto national-security tools and signal the U.S. is ceding digital-asset leadership. The Sept. 15 vote is cloture on the motion to proceed to H.R. 3633 — it needs 60 votes and is not final passage. The tone shifts from July’s market-structure urgency to a national-security frame.
GBP/USD strengthens to around 1.3555 in early Europe as the dollar softens after Treasury’s ~$6B longer-term buyback. Markets eye US PPI later.
USD/INR hits a fresh 10-day high at 95.31 as oil keeps rising. Pair ~95.19 near the 20-EMA; RBI spot/NDF intervention still limited relief; SocGen stamps $136.38bn FX mobilisation including FCNR(B).