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    TReDS sees a festive boost; Nykaa’s growth strategy

    Happy Friday! Festive inventory demand has lifted invoice financing on TReDS platforms. This and more in today’s ETtech Morning Dispatch.

    Dubai, Abu Dhabi residents return to a new normal: ‘Neither war, nor peace’

    Six months into the Iran war, the UAE’s post-pandemic boom is facing its biggest test. Tourism, aviation, property and trade have taken a hit, but population growth, financial-sector expansion and demand for schools and skilled workers suggest Dubai and Abu Dhabi continue to attract people and capital despite the conflict.

    Holiday Halt: Why NYSE, Nasdaq are closed for trading today

    Wall Street is closed Monday, September 7, for Labor Day, with trading resuming Tuesday. Investors face a crucial week as stronger August jobs data boosts expectations of tighter Fed policy. Attention will shift to upcoming CPI inflation data, oil prices, Treasury yields and geopolitical tensions, which could drive market volatility.

    Labor Day 2026: From state fairs to fireworks - Here are some of the major events happening across the US

    Labor Day 2026 presents an exciting three-day weekend for families and friends across America. The state fairs in New York and Minnesota will wrap up on September 7, while cities such as Philadelphia and Washington DC are alive with vibrant festivals and lively parades. Expect stunning fireworks to light up the night as summer bids farewell.

    US Treasury bond yields ease from highs after data as Iran war escalation fans inflation concerns

    U.S. Treasury yields retreated from earlier highs on Tuesday after economic data emerged. The manufacturing PMI fell to 54.6 in August, while job openings rose slightly. Oil prices surged due to renewed Middle East conflict, reigniting inflation concerns globally. This led to a significant global bond selloff and increased Fed rate hike expectations. Yields on the 10-year and two-year notes hit multi-month highs.

    Dollar subdued as markets await US inflation data for Fed clues

    As Asian markets greeted Wednesday, the dollar maintained its steadiness. Currency investors eagerly anticipated key inflation data from the United States to gauge interest rate shifts. In response to assaults on shipping routes, oil prices experienced a modest rise. Meanwhile, the yen lingered near its monthly lows despite collaborative intervention. Cryptocurrency faced slight downturns during early trading sessions.

    The Economic Times
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