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Canada Objects to Implementation Terms in Proposed U.S. Trade Deal, Says USTR

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Sina Finance reports that U.S. Trade Representative Jamieson Greer said Canada has objected to how certain proposed terms would be implemented in the planned U.S.–Canada trade agreement.

In a media interview, Greer outlined aspects of the proposed deal and addressed Canada’s retaliatory measures, stating, "This will not bring us any economic disaster."

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CME FedWatch: 63.5% Chance of No Rate Change in September

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The CME FedWatch tool shows a 63.5% odds that the Federal Reserve will hold rates steady in September, with a 36.5% probability priced in for a 25-basis-point increase, according to Jiemian News.

For October, the odds of no change are 47.3%, while a cumulative 25-basis-point hike is priced in at 43.4% and a 50-basis-point move at 9.3%.

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Nvidia CEO says frontier AI labs will remain long-term customers

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Nvidia chief executive Jensen Huang said frontier AI labs will continue to be long-term customers, even as the industry leans toward custom chip designs.

ChainCatcher reported Huang's remarks in the context of a broader move toward more specialized hardware within the chip sector.

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Nvidia signals roughly 70% FY2028 revenue growth after solid Q2 results

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According to Jin10, Nvidia reported stronger-than-expected results for the second quarter of fiscal 2027 after the U.S. stock market closed on Wednesday, with shares briefly dipping in after-hours trading before later climbing as much as 5%.

Chief Financial Officer Colette Kress told analysts that fiscal 2028 revenue is expected to grow roughly 70%, compared with analysts' earlier estimate of about 44%.

Chief Executive Officer Jensen Huang stressed that the company has never provided guidance a year in advance and noted that demand growth has already exceeded 70%.

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South Africa Intercepts 50 Suspected Parrot Eggs at Johannesburg Airport

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South African authorities intercepted 50 eggs believed to be from endangered parrots at Johannesburg's main airport last Thursday, with reports that some of the eggs have hatched since.

A 50-year-old Thai national was arrested on suspicion of attempting to smuggle the eggs in a homemade incubator bag carried as hand luggage, according to the Department of Forestry, Fisheries and the Environment.

The eggs are being treated at the National Zoological Garden in Pretoria, where they are under intensive care as officials investigate the case.

If convicted, the suspect could face a fine of up to 10 million rand, a prison term of up to 10 years, or both, the department said.

Initial investigations indicate the eggs belong to a parrot species protected under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).

The department said the arrest followed a joint operation involving the Green Scorpions and police, and noted that a 23-year-old Thai citizen was also arrested in July at OR Tambo International Airport over an alleged attempt to smuggle 418 parrot eggs.

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