The latest Market Talks covering FX and Fixed Income. Published exclusively on Dow Jones Newswires throughout the day.

1306 ET - New listings rose 0.4% from a week earlier during the four weeks ending Aug. 23, Redfin says. That's their highest level since April. The total number of homes for sale rose 0.5% week over week, hitting their highest level since May. Pending home sales slipped 1.1% from a week earlier. Would-be buyers are sitting on the sidelines largely because housing costs are high. The median U.S. home-sale price rose 1.9% year over year to over $400,000, and the weekly average mortgage rate is 6.65%, down from a peak of 6.69% two weeks earlier. With inventory rising and demand declining, the homebuyers who are in the market could get a deal. Buyers may be able to negotiate prices down and/or get concessions.(chris.wack@wsj.com)

1229 ET - Canada has one distinct advantage over the U.S. in a potential dragged-out trade conflict, says Sébastien Mc Mahon, chief strategist at IA Global Asset Management. That is Canada's ability to borrow at a cheaper term relative to US. Mc Mahon says interest expenses in Canada account for 10% of government revenue, versus 28% in the U.S. The yield on a US 30-year bond sits at roughly 5.18%, versus Canada's 4.09% for 30 years. "Canada has real capacity to support its economy through the [trade] storm," says Mc Mahon. "Canada has ammunition to defend itself." (paul.vieira@wsj.com)

0946 ET - The Australian dollar rises to a three-month high against the U.S. dollar as foreign-exchange investors focus on seeking carry, Societe Generale's Kit Juckes says in a note. Carry is when investors borrow in low-yielding currencies to invest in higher-yielding currencies elsewhere. The Australian dollar is a popular carry target, with Australia's official cash rate standing at 4.35%. The market's current focus on carry overrides for now any concerns about weaker Chinese growth and a potential protracted shortage of oil flowing through the Strait of Hormuz, Juckes says. "The market is focusing on carry above everything else, and geopolitical selloffs may just prove to buying opportunities," he says. The Australian dollar rises 0.3% to a high of $0.7195, LSEG data show. (miriam.mukuru@wsj.com)

0856 ET - Treasury yields are little changed as the U.S. economy shows strength ahead of Fed Chairman Warsh's first Jackson Hole speech Friday. Nvidia's strong revenue growth lifts Wall Street's mood, while crude futures tick higher. Weekly jobless claims decrease to 203,000 from an upwardly revised 207,000, as layoffs remain contained. Investors expect so far cagey Warsh to clarify his approach to inflation and his view on the Treasury plan to increase long-term bond buyouts. The 10-year trades at 4.666%, slightly higher than yesterday's settle but off overnight highs. The two-year follows a similar pattern and trades at 4.228%. (paulo.trevisani@wsj.com; @ptrevisani)

0837 ET - Dubai's real-estate market is shifting from broad-based growth toward a more selective phase as affordability constraints and rising supply increasingly shape performance, real-estate consultancy Colliers says. Apartment and villa rents fell 4% and 2%, respectively, on quarter in 2Q, while average sales prices for both declined 3%. Buyer demand remains, but Colliers says purchasing decisions are becoming increasingly selective, with pricing, product quality, payment plans and developer reputation playing a greater role than during the momentum-driven conditions of 2024 and 2025. The consultancy expects competition to evolve as additional stock enters the market, potentially weighing on rents and sales prices in areas with heavier new supply. (farhan.rafid@wsj.com)

0834 ET - Middle East business-jet activity is showing tentative signs of recovery after a severe conflict-driven downturn, aviation market-intelligence provider JIQ by Jetnet says. Intraregional departures remain below 2025 levels, but the year-on-year gap has been narrowing from its trough, suggesting the sharpest phase of the disruption has passed and activity is stabilizing. The region's business-jet departures were down 5.7% in the 12 months through July, while activity at one stage ran nearly 50% below preconflict levels following the February outbreak of fighting between the U.S. and its allies and Iran. (farhan.rafid@wsj.com)

0833 ET - Bahrain's nonoil economy expanded in the first quarter even as overall output contracted after regional tensions disrupted oil activity, the Ministry of Finance and National Economy says. Nonoil GDP grew 2.2% on year at constant prices, while total GDP fell 3.8%, driven by an around 37% contraction in oil activities as restrictions on maritime traffic through the Strait of Hormuz weighed on export capacity. Financial and insurance activities were the fastest-growing major nonoil sector, rising 8.6%, while nine of 13 nonoil activities recorded growth. (farhan.rafid@wsj.com)

0830 ET - Saudi Arabia's large infrastructure pipeline is set to drive demand for private credit as projects require increasingly flexible financing, international law firm Eversheds Sutherland says. The firm says logistics networks and major transport and infrastructure projects will require significant capital in coming years, creating opportunities for asset-backed and structured financing. Private capital is increasingly complementing traditional bank lending in funding initiatives for Vision 2030, the country's ambitious infrastructure plan to transform its economy, while regional credit managers are becoming more competitive on both deal structures and pricing, it says. (farhan.rafid@wsj.com)

0828 ET - Abu Dhabi's residential property market continued to surge in the first half of 2026, with sales transactions more than doubling on year to 15,500, according to property consultant Cavendish Maxwell. Total sales value almost tripled to 67.8 billion dirhams, equivalent to $18.46 billion, driven by off-plan properties, which accounted for nearly 83% of transactions. Still, momentum moderated in the second quarter, with transaction volumes falling 9.2% from the previous quarter, suggesting the market may be entering a more measured phase. (farhan.rafid@wsj.com)

0736 ET - Developments in the U.S. could be the key drivers of the Japanese yen rather than domestic factors as the effects of recent intervention fade, strategists at UBS Global Wealth Management say in a note. The U.S. and Japan conducted coordinated forex intervention on August 3, which pushed the dollar as low as 155.21 yen, LSEG data show. The dollar has since recovered some of its losses and is last up 0.1% at 159.48 yen. A resilient U.S. economy and a Federal Reserve that is possibly willing to raise interest rates in the coming months should continue to support the dollar against the yen, the strategists say. However, dollar strength could moderate if upcoming data justify the Fed remaining on hold, they say. (miriam.mukuru@wsj.com)

0717 ET - Markets will pay attention to the U.S. Federal Reserve Chair Kevin Warsh's speech at the Jackson Hole Symposium on Friday for any confirmation of the Fed's independence, Marex FX's Jonathan Pryor says in a note. The speech is "an early opportunity [for Warsh] to stamp his authority on the committee at a time when the Fed is facing an unusually complex mix of economic, fiscal and political pressures", Pryor says. Investors will look for indications that Warsh can lead the Fed through this challenging environment, he says. (miriam.mukuru@wsj.com)

0633 ET - Yields on U.S. Treasurys and European bonds rise while the dollar stays steady in mid-morning European trade, ahead of the Kansas City Federal Reserve's Jackson Hole symposium, where Fed Chairman Kevin Warsh will speak Friday. "Overall, monetary policy expectations continue to point to an interest rate hold at the Fed's next meeting before an increase by the end of the year," DHF Capital S.A's Bas Kooijman says in a note. The DXY dollar index is stable at 99.192. The 10-year Treasury yield rises 0.8 basis points at 4.672%; the 10-year German Bund yield rises 3.1 basis points to 3.253% and the 10-year U.K. gilt yield is up 2.6 basis points at 5.037%, according to Tradeweb.