Public Markets 3 Hours

Last updated: August 9, 2026, 8:35 AM ET

Currencies & Energy

Central banks in emerging Asia are increasingly relying on macroprudential tools and verbal intervention to defend their currencies rather than tapping foreign-exchange reserves, a shift driven by recurring Middle East tensions and the prospect of prolonged high US rates. Iran’s new demands for reopening the Strait of Hormuz are narrowing Washington’s options, adding a fresh geopolitical premium to crude prices.

Real Estate & Mortgages

Tighter federal mortgage rules from Fannie Mae will require many condominium associations to hold significantly larger reserve funds for future repairs, a change that is likely to push condo dues higher across the US. The new standards aim to prevent special assessments but will squeeze household budgets already strained by elevated inflation.

Automotive & Consumer

Asian carmakers are capitalizing on strong US demand for hybrids as high petrol prices persist. Sales of hybrid models from Honda, Hyundai and Toyota jumped by a fifth in July, boosting quarterly profits and giving the companies an edge over pure-electric rivals facing slower adoption.