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Global Economy

French S&P Global Manufacturing PMI Flash (Aug) 51.5 vs. Exp. 50 (Prev. 49.8)

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European markets demonstrated resilience near record highs, aided by firmer economic indicators, a strengthening euro, and steady corporate earnings despite prevailing global and monetary policy uncertainties.

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Geopolitics

Security officials reportedly see a lower near-term risk of an expanded war with Iran, with Trump’s new economic sanctions intended to buy time until after the US midterms, Jerusalem Post reports