The annual rate of industrial output in Switzerland in the second quarter was -0.8%, the previous value was 3.40%.

Bank of America: Outflows from high-yield bonds and emerging market bonds were the largest since May and March, respectively.

Bank of America: Outflows resumed from stocks, $8.2 billion outflow from mutual funds, $6.2 billion in ETFs.

Bank of America: U.S. Treasury bonds have seen inflows for the 27th consecutive week, and are expected to set a record for annual inflows.

Bank of America: According to EPFR data, for the week ended Wednesday, cash inflows were $28.1 billion, bonds inflows were $300 million, stocks were outflows of $2.1 billion, and gold outflows were $400 million.

The Philippine peso extended gains to 1% against the dollar.

National Hurricane Center: Hurricane Hillary hits Category 4.

Market news: Hungarian Prime Minister Orban will receive the Emir of Qatar and President Erdogan of Turkey.

Hungarian Prime Minister Orban: 5% inflation next year will be "acceptable".

Hungarian Prime Minister Orban: Once inflation falls to single digits, we cannot sit idly by.

Hungarian Prime Minister Orban: The Hungarian economy will show signs of recovery in the second half of the year.

U.S. bond yields are rising, approaching new highs since 2007. The initial data showed that the job market is still resilient, the dollar rose in response to the pressure on gold, and US stocks maintained a strong sell signal. Lock in GAIN Capital Daily Market Barometer Updates

According to Corriere della Sera: The European Central Bank is preparing to send a letter to Italy criticizing its new bank tax.

UBS (UBS.N): Now expects a soft landing for the U.S. economy and does not expect the Federal Reserve to cut interest rates until the second quarter of 2024 (previously expected at the end of 2023).

Witnesses said a container ship from the Ukrainian port of Odessa was crossing the Bosphorus in Istanbul.