Fed Collins: We are happy to see signs of slowing inflation, but upward pressure remains.

Fed Collins: The economy is expected to continue slowing until the end of 2024.

Fed Collins: Moderation in core services inflation is modest.

Fed Collins: Demand in the job market remains too high, the rebalancing process has not yet been completed, and wage growth remains above the 2% inflation target.

Fed Collins: The Fed is likely to hit its target without causing significant economic pain.

Fed Collins: The Fed must strike a balance between lowering inflation and an excessive slowdown in the economy.

According to the Financial Times: UK abandons private information surveillance plan.

World Gold Council: North American funds accounted for the majority of gold ETF outflows in August, while European funds saw significantly reduced outflows and Asian funds led inflows. While total holdings are down 4% so far this year, total ETF assets under management are up 3% amid rising gold prices.

The IMF expects Saudi Arabia to run a fiscal deficit of 1.2% of GDP in 2023 and a fiscal surplus of 2.5% of GDP in 2022.

International Monetary Fund: Saudi Arabia’s banking system remains sound.

According to AFP: Washington is preparing to announce more than $1 billion in new aid to Ukraine. At the same time, the Ukrainian army also claimed to have achieved a strategic victory on the southern front, saying that it paved the way for a deeper advance into Crimea.

Indian government sources: The G20 leaders’ summit will discuss the basic elements of cryptocurrency regulations this weekend; India has prepared a presidential memorandum on cryptocurrency, which will include summaries of the International Monetary Fund and Financial Stability Board reports.

The Turkish lira erased losses against the dollar after President Recep Tayyip Erdogan said Ankara would tighten monetary policy to reduce inflation.

Brazilian Foreign Minister Vieira: We are full of confidence in the negotiations with the EU, and the trade agreement is of strategic significance.

Brazilian Foreign Minister Vieira: Now we will negotiate with the EU; we had an online meeting the day before yesterday and will have a face-to-face meeting later this month.

Turkish President Erdogan: Price bubbles in certain industries have begun to subside.

Nigerian trade minister: Nigeria wants India to invest in rice cultivation.

Market news: The U.S. delegation will meet with ASML in the Netherlands on September 7.