The dollar slipped from an 18-month peak on Thursday in choppy trading as a sharp drop in Treasury yields weighed on the greenback, while cautious remarks from Federal Reserve officials tempered...

PepsiCo has told an Indian court that its best-selling products could be out of stock nationwide within two months if the ban on the "energy drink" label continues. Rival Red Bull is free to keep selling its own drinks for now. PepsiCo's Sting, launched in 2017, has grown quickly, especially among teenagers and in rural markets. The ban would hit its India business hard.

美國科技公司信貸違約掉期成本升至歷史高位，AI 數據中心信貸壓力加劇。甲骨文五年期 CDS 利差隔夜擴大 26 個基點，至創紀錄的 288 個基點。虧損的數據中心營運商 CoreWeave 債務規模接近 500 億美元。其股價周三跌 15%，盤後再跌 6%，市值蒸發逾五分之一。

The cost of insuring against US tech defaults has hit record levels in the latest sign of credit stress building in the AI trade, especially for data centres dependent on future revenue. ...

Indian shares are set to open lower on Thursday, tracking Asian peers as a quicker-than-expected increase in US consumer price inflation raised expectations of another rate hike by the Federal Reserve...

美國CPI通脹升幅超出預期，市場對聯儲局年內加息的預期升溫。亞洲股市全面下挫，MSCI亞太指數跌1.2%。韓國KOSPI暴跌5.6%，日經225跌1.3%。標普500及納斯達克期貨同步走弱，隔夜美股AI概念股在高利率敏感拋壓下持續擴大跌幅。

美國通脹數據高於預期，一度重燃市場對聯儲局本月加息的預期，美元指數盤中升至18個月高位102.94。其後市場消化數據，對聯儲局將保持耐心的預期回歸，美元升幅收窄。美元最終仍錄得上升，收報102.53。

美國9月CPI數據超出預期，納斯達克指數周三大幅收低。市場憂慮聯儲局將進一步加息，利率敏感型科技股如Oracle、CoreWeave等遭拋售。利率期貨數據顯示，本月加息機率升至37%。投資者擔心借貸成本上升將壓制高估值成長股。

Wheat futures closed higher Wednesday on the Chicago Board of Trade after the USDA's delayed Crop Progress report showed winter wheat planting running behind the normal pace. The report said 51% of the winter wheat crop had been planted, 7 percentage points behind the five-year average. Corn harvesting was 33% complete, also 6 points behind that average. Soybean and corn futures finished lower.