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BREAKING 24 HOUR NEWS FOR WAR, STOCKS & CRYPTO

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NEW: 🇨🇳 China fixes yuan midpoint at strongest level since Feb. 8, 2023

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NEW: 🇨🇳 Chinese services PMI beats forecasts at 51.4 in August, up from 50.4

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NEW: 🇨🇳 China composite PMI rises to 52.1 in August, up from 50.8 — Ratingdog

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NEW: 🇺🇸 Pentagon extends US troop deployment in Middle East through 2027 — WSJ reports

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NEW: 🛢️ CNN reports U.S. blockade has halted Iran's oil exports since July — US official

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NEW: 💰 ByteDance gets $30B loan, Asia's second-largest this year

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NEW: 🇳🇱 Netherlands moves 86 tonnes of gold out of US and Canada citing geopolitical unrest

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NEW: 🇯🇵 BOJ is said to favor a quarter-point rate hike with flexible future pace.

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NEW: 🇮🇷 Iran warns US it will respond forcefully to Israeli offensive in southern Lebanon — Reuters

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NEW: 🇬🇧 Cryptocurrency giants are lining up to apply for licenses under a new UK regime that will regulate all consumer services for the first time.

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NEW: 🇺🇸 US officials accuse Chinese state-owned COSCO of using concealed equipment to collect military intelligence

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NEW: 🇯🇵 Bank of Japan intervenes to prop up the Yen, strengthening it to 156 per dollar

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NEW: 🇫🇷 French 15-year OAT yield jumps to 4.51%, up sharply from 4.03%.

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NEW: 🇪🇺 Eurozone PPI rises 5.8% YoY, above 5.45% forecast

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NEW: 🏦 Standard Chartered launches institutional spot crypto trading in UAE.

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NEW: 🇬🇧 Lloyd's of London faces £1.4bn losses in Gulf from US-Iran war — FT reports

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NEW: 🇪🇺 European intelligence services identify four Russian-controlled sabotage networks operating across the EU, per SPIEGEL.

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NEW: Nvidia agrees to acquire Hugging Face for $12.9B

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NEW: 🏦 Blackstone private credit fund caps redemptions at 5% again amid liquidity concerns.

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NEW: 🇺🇸 US trade deficit widens to $88.6B in August, vs forecast $90.2B

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NEW: 🇺🇸 Short-term interest rate futures jump after Fed's Waller says he'd support holding rates steady if August inflation data extends recent progress

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