Market news: The hedge fund Fifthdelta, the former US multinational hedge fund financial services company Citadel trader, has plummeted 25% this year.

[Federal Reserve steps up supervision of regional banks, requires stronger liquidity planning] U.S. regulators are quietly asking regional lenders to strengthen their liquidity planning, part of an effort to tighten supervision after the collapse of three banks earlier this year. The Federal Reserve has issued a series of private warnings to lenders with assets between $100 billion and $250 billion, including Citizens Financial Group, Fifth Third Bancorp and M&T Bank, about capital and Everything from liquidity to technology and compliance. The move comes as banks of all sizes are subject to broader oversight after Fed Vice Chairman for Supervision William Barr earlier this year vowed to "increase the speed, intensity, and flexibility of supervision." a part of. "Regulators will impose strict deadlines to resolve the issues. If banks cannot resolve these issues quickly, they will take enforcement action," said the head of the financial services team at law firm Kilpatrick Townsend & Stockton.

European Commission President von der Leyen will meet French President Emmanuel Macron in Paris on Thursday.

Tebet, Brazil’s Minister of Planning and Budget: The 2024 budget bill will be submitted to Congress with the goal of achieving a zero fiscal deficit.

[U.S. crude oil inventories fell to the lowest level since December last year, the crude oil market remained calm] The U.S. Energy Information Administration (EIA) reported that U.S. crude oil inventories fell by 10.584 million barrels last week to the lowest level since December last year. Crude inventories in Cushing, Oklahoma, fell by 1.5 million barrels to their lowest level since January. After rising sharply in July, crude oil prices stabilized in August and remained around US$80 per barrel. Volume was below average today and market volatility for U.S. crude futures was at its lowest level since 2020, highlighting the lack of significant near-term volatility. Keshav Lohiya, founder of consulting firm Oilytics, said the crude oil market was very calm and bullish inventory data supported crude oil prices.

Ethereum fell back below $1,700 per coin, down 1.64% on the day.

Grayscale Investment CEO Sonnenshein: We are committed to reducing fees.

National Hurricane Center: The center of Storm Idalia is moving into southern Georgia and water levels remain high along the Florida Gulf Coast.

Grayscale Investment CEO Sonnenshein: We will have to see if we need to re-apply for the (Bitcoin) ETF.

U.S. gasoline futures held gains after data from the EIA showed a slightly smaller-than-expected draw in inventories.

EIA report: U.S. domestic crude oil production remained unchanged at 12.80 million barrels per day for the week of August 25.