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The National Highway Traffic Safety Administration (NHTSA) has announced that Ford is recalling 387,911 vehicles in the United States because seats may shift unexpectedly and fail to properly restrain occupants in a collision, increasing the risk of injury.On July 18th, according to the Financial Times, the UK Financial Conduct Authority (FCA) released updated regulatory data this week on short sellers bets on UK listed companies under new rules. The data contained several obvious errors, raising questions about the quality of information provided under the new disclosure regime. Previous regulations required the public disclosure of the specific names of hedge funds and investors holding significant short positions, but the new rules have removed this requirement. Instead, the regulator will now disclose the total short positions for each stock in an aggregated manner. The FCA released this data after the new rules came into effect. However, according to an analysis by data provider Breakout Point, the new information released by the FCA contains several obvious errors. Some positions were subsequently deleted or altered without leaving any record of the changes. The data also includes positions from several years ago, which are highly unlikely to still exist. Ivan Kosovich, founder of Breakout Point, stated that initial problems might be understandable and the situation is improving, but "hidden alterations" in official market records should not become the norm.Bahrains Ministry of Defense said it intercepted multiple Iranian airstrikes on Saturday.The China Earthquake Networks Center officially reported that a 4.3-magnitude earthquake occurred at 13:47 on July 18 in Akto County, Kizilsu Kirghiz Autonomous Prefecture, Xinjiang (38.71 degrees north latitude, 75.07 degrees east longitude), with a focal depth of 10 kilometers.The Kuwaiti military stated that Kuwait is currently intercepting missiles and drones launched from Iran.

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.