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Market news: Anthropics pre-IPO credit line may exceed its target of $10 billion.On August 19, the UAE Ministry of Defense stated that its air defense systems detected two ballistic missiles heading towards the UAE from the direction of Iran. One missile landed outside of territorial waters, while the other landed within territorial waters. Neither missile caused any casualties or damage. The UAE stated that it remains on high alert and is prepared to respond to any threats, and will take measures to safeguard national sovereignty, security, and stability. The Ministry of Defense also urged the public to obtain information only through official channels and to avoid spreading unverified information.According to Interfax news agency, Russian Foreign Minister Lavrov stated that Russia has the right to consider the direct involvement of British missile forces in strikes against Russia as participation in a conflict.The UAE stated that it detected two ballistic missiles launched from Iran. One missile landed outside its territorial waters, and the other landed inside. The UAE is prepared to respond to any threat.Apple (AAPL.O) announced on Tuesday, August 19th, that it will change its per-install fee policy for app developers to a 5% commission on digital transactions made through channels outside the App Store, in order to comply with the EUs Digital Markets Act (DMA). Apple emphasized, "These changes resolve differences between Apple and the European Commission regarding commercial terms and alternative distribution methods. They also reduce the complexity of the rules by applying a uniform set of commercial terms to all developers distributing apps in the EU. Developers can sign the new terms starting today, and the changes will take effect on October 1st." Furthermore, Apple stated that App Store apps using alternative payment methods will be charged a 20% commission, although this can be reduced to as low as 10% under its Small Business Program.

Forex

Volatility subsides around 101.80 as focus shifts to US S&P PMI in US Dollar Index Price Analysis

The US Dollar Index is in the green in advance of provisional US S&P PMI data. Thursday's market behavior was erratic after the publication of the eleventh consecutive report of higher-than-anticipated unemployment claims. The Fed's decision to increase interest rates has led to persistently deteriorating labor market conditions.