• The dollar steadied on Thursday after another politically-driven slide against the euro and yen, helped by nerves over what message Federal Reserve policymakers will send during meetings in Jackson Hole starting later in the day.
The dollar also rose around a quarter of a percent to 109.31 yen JPY= and 0.2 percent against the basket of currencies used to measure its broader strength.
• The United States could impose additional penalties on four unidentified countries that do not cooperate with requests to return their citizens, a Department of Homeland Security (DHS) spokesman said Wednesday.
The current 12 countries deemed recalcitrant are China, Cuba, Vietnam, Laos, Iran, Cambodia, Myanmar, Morocco, Hong Kong, South Sudan, Guinea and Eritrea.
DHS spokesman David Lapan declined to discuss possible sanctions or the names of the four countries that could face additional sanctions, including denying visas.
• Indian capital controls are proving deeply insufficient as overseas investors continue to snap up corporate bonds in the country. That exuberant demand is undermining the government's attempts at financial stability.
India currently caps total foreign investments into corporate bonds at 2.44 trillion Indian rupees ($38.1 billion). When overseas buying crossed 92 percent of that quota in July, the government suspended the issuance of offshore rupee-denominated bonds until foreign holding falls back below that level.
• Oil was steady on Thursday, holding gains from the previous session after another fall in U.S. crude inventories indicated a tighter market, and as a tropical storm was heading for oil producing facilities in the Gulf of Mexico.
Brent crude futures, LCOc1 the international benchmark for oil prices, were at $52.58 per barrel at 0658 GMT, up 1 cent from their last close.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $48.36 a barrel, down 5 cents.
Reference: Reuters, CNBC
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