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US inflation remained at 3.4% in July, matching forecasts and keeping September Federal Reserve rate decisions uncertain. Bitcoin traders face a roughly split market on whether the central bank will hold or raise rates.
Wheat futures declined across major exchanges following production report expectations, though prices recovered from earlier losses amid geopolitical tensions affecting supply routes.
Corn futures gained 3-4 cents on Wednesday morning, supported by double-digit wheat price increases, while open interest declined as traders rolled positions out of the nearby September contract.
Meren Energy raised its 2026 guidance after strong first-half performance, lifting full-year EBITDAX guidance to $410 million from $315 million.
SoftBank reported first-quarter profit of 2.2 billion dollars, beating expectations, bolstered by a 1.3 trillion yen gain on Intel shares while Vision Funds saw modest gains.
Rheinmetall trimmed its 2026 sales guidance by 300 million euros after Germany cancelled its F126 warship program, though the defense firm still posted 39% sales growth in the first half.
