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EU to propose easing banks’ capital requirements, FT reports; to be unveiled on Friday and set out the scope of legislative proposals expected next year

StockNow breaking-news AI analysis

The EU is set to propose easing bank capital requirements this Friday, setting the stage for major legislative changes expected to be formally introduced in 2027.

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)