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Tariffs/Trade

Brazil and the US schedule new meeting for August 31st to discuss tariffs, according to Folha

StockNow breaking-news AI analysis

Brazil and the US scheduled an August 31st meeting to negotiate 25% US tariffs following a direct discussion between Presidents Lula and Trump.

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Today's market highlights

A selection of stories drawing attention in the market.

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Politics

US President Trump posts that he has been informed all mines are gone from the international waters of the Strait of Hormuz. Iran has been informed that any vessel placing new mines will be destroyed. Zero tolerance on mine placement in effect.

Fed

Fed's Collins (2028 Voter) says inflation is still too high, and is concerned about price stability part of the Fed's mandate; labour market consistent with full employment, economy growing at a near-trend pace

Geopolitics

US White House Official tells Al Jazeera there are no ongoing or scheduled talks or discussions with Iran; The naval blockade is imposed with strength and effectiveness, the Strait of Hormuz is open, and the mines have been removed