Bouygues eyes US and Germany expansion amid France slowdown - Bloomberg By Investing.com

• The Euro has outperformed the Pound Sterling for three consecutive days, with the EUR/GBP cross trading around 0.8585 on Wednesday. • The currency pair is currently testing the upper boundary of a narrow consolidation range that has persisted since late July.

• Bank of America (BofA) has updated its outlook on top European IT services and payments stocks following the second-quarter reporting season. • For one unnamed company, BofA increased the target multiple to 26 times 2026 price-to-earnings, up from 24, with first-half 2026 results expected on September 8.

• Stock futures are experiencing volatility as global bond yields react closely to fluctuations in oil prices. • Market sentiment has shifted toward a new baseline expectation that the Federal Reserve will implement a rate hike in September.

• Binance Margin will remove 12 trading pairs, including TNSR/USDC, SXT/USDC, TURTLE/USDC, AIXBT/USDC, and BREV/USDC, effective September 3. • In a recent interview, Binance founder Zhao Changpeng praised Hong Kong as a progressive "sandbox" for China's digital currency experiments and the Web3 industry.

• The Reserve Bank of New Zealand (RBNZ) unanimously voted to hike the Official Cash Rate (OCR) by 25 basis points to 2.75% on September 2. • The Committee stated that gradually removing monetary stimulus is appropriate to prevent the need for more aggressive rate increases in the future.

• Thailand's tourism recovery is gaining significant momentum, with hotel occupancy rates now exceeding 70%. • The surge in visitors is primarily driven by increased arrivals from key international markets, including China, Russia, India, Malaysia, and South Korea.

• On September 2, the Indian stock market declined, with the Sensex ending 373 points lower at 76,570 and the Nifty falling below the 24,000 mark, led by drops in HDFC Bank and Asian Paints. • In a separate corporate move, HSBC has submitted a non-binding bid to acquire a controlling 54% stake in Nuvama Wealth and Investment from private equity firm PAG.

• Thailand’s SET Index closed at 1,575.07 points on September 2, 2026, marking a decrease of 13.61 points or 0.86%. • The market saw a total trading value of THB 64.33 billion, driven primarily by selling pressure on big-cap stocks across multiple sectors.

• Keppel DC Reit and Keppel announced on September 1 that they have agreed to collectively acquire 90% stakes in two freehold data centres in Tokyo, known as Tokyo Data Centre 4 and Tokyo Data Centre 5. • The acquisition is valued at approximately 171 billion yen (US$1.1 billion) and is expected to be accretive to the REIT's distribution per unit.

• Indian equity benchmarks, the Sensex and Nifty, turned red during afternoon trade, erasing previous recovery gains. • The Nifty index dropped below the 24,050 level, driven primarily by declines in the banking, financial, and auto sectors.

• Europe's benchmark Stoxx 600 index traded below the flatline around 8:10 a.m. in London, reversing its initial opening gains. • MongoDB reported strong second-quarter results, earning $1.90 per share on $772 million in revenue, significantly beating LSEG analyst forecasts of $1.61 per share and $734 million.