![]() China's CPCA forecast shows August passenger car sales lifting MM to 1.88mln (prev.WSJ's Norman, on the Iranian nuclear deal, says "A reasonable assumption, if unconfirmed, that the US will respond to Iranian concerns/issues today via EU.".South Korean Presidential office expressed regret over North Korea's vow to continue nuclear development, while the Unification Minister also expressed regret over North Korea's 'very disrespectful' criticism against President Yoon, according to Reuters.North Korean leader Kim's sister said North Korea will never deal with South Korea's "audacious initiative" offer and North Korea stated it will not respond to South Korea's proposals, according to Yonhap citing state media.Zelenskiy requested that Russia removes all mines near the power plant. ![]() Turkish President Erdogan says he will discuss the Zaprozhzia power plant with Russian President Putin following talks with Ukraine President Zelenskiy in Lviv.Ukraine's Energoatom says Russian forces are planning to switch off functioning power blocks at the Zaprozhzia power plant and disconnect them from the Ukrainian grid, via Reuters.US President Biden's administration is readying about USD 800mln in additional security aid for Ukraine with an announcement as early as Friday, according to Reuters sources.Looking ahead, highlights include commentary from Fed's Barkin.Dollar continues to reign as risk sentiment sours again and yields ratchet higher and steeper.Commodities are under broad pressure given USD strength with crude curtailed as it awaits another JCPOA response.Stateside, given the hawkish action, NQ -1.0% is the incremental underperformer ahead of commentary from 2024 voter Barkin.European bourses are under modest pressure, Euro Stoxx 50 -0.6%, in a session of limited newsflow with focus on continuing hawkish price action.
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