According to the Ukrainian National News Agency: Yesterday, the Ukrainian air defense system intercepted 30 cruise missiles and 27 suicide drones of the Russian army.

Indonesian Geophysical Agency: A 5.3-magnitude earthquake occurred in the Sulawesi area of Indonesia, and there was no tsunami threat.

The statement shows that Canada has suspended direct development assistance to the Niger government.

TD Securities: However, as scenarios for an eventual landing of the economy become clearer, the FOMC will likely continue to emphasize the importance of data in determining the future path of interest rates.

TD Securities: There is tentative evidence that the cumulative effect of past rate hikes is cooling inflationary pressures, and we expect the FOMC to keep policy rates unchanged at its September meeting.

Russian Ministry of Defense: Russia sent Su-30 fighter jets to deal with US reconnaissance drones over the Black Sea.

Saudi Aramco: The official sales price of Arabian Light crude oil sold to the United States in September is set at a premium of US$7.25 over the average price of Argus sour crude oil.

Saudi Aramco: The official sales price of Arabian light crude oil sold to northwest Europe in September is set at a premium of US$5.80/barrel to the average price of Brent crude oil.

TD Securities: The Federal Reserve will release an important indicator next week, the CPI inflation data for July. The Fed will be looking to see further progress after June data showed that the annual rate of core CPI fell below 5% for the first time since December 2021.

TD Securities: We expect the Bank of Canada to remain on hold for the remainder of the year.

TD Securities: This is good news for the Bank of Canada, indicating that cumulative rate hikes have dampened consumer demand to a greater extent, reducing the pressure on the Bank of Canada to raise interest rates again.

TD Securities: Considering recent data, real consumption in Canada is expected to slow to below 1% in the second quarter from a high of 5.7% in the first quarter.

Bank of America: Looking ahead, we think slower and more steady tightening by the Bank of England will ultimately reduce the tail risk of a hard landing in the UK and be positive for GBP.

Market news: Talks on the Ukraine crisis hosted by Saudi Arabia have begun.

Berkshire Hathaway (BRK.AN, BRK.BN): Repurchased almost no common stock in the third quarter ended July 26.

Berkshire Hathaway (BRK.AN, BRK.BN): Net income from investments and derivatives in the second quarter was US$25.869 billion, compared with a loss of US$53.038 billion in the same period last year.

Berkshire Hathaway (BRK.AN, BRK.BN): As of June 30, 2023, insurance float is about $166 billion.

Berkshire Hathaway (BRK.AN, BRK.BN): In the second quarter, about $1.4 billion was used for stock repurchases.