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

1336 ET - Canada's retaliatory-tariff package on U.S. goods is likely to add about 0.2 percentage points to domestic inflation, which is presently at the top end of the Bank of Canada's target range, according to estimates from Royce Mendes, managing director at Desjardins Capital Markets. Duties ranging from 15% to 50% will be applied to hundreds of US goods, Canada says, effective Sept. 8. Mendes says the duties could raise C$7 billion for Ottawa, should buying patterns remain intact and tariffs stay in place for a year. Mendes says this will leave the BOC is a tough position--navigating slower investment and hiring, and a trade-induced uptick in consumer-goods prices and elevated oil prices. (Paul.Vieira@wsj.com; @paulvieira)

1331 ET - Treasury yields decline as U.S. consumer confidence falls while oil prices drop below $90. The Treasury auctions $69 billion in two-year notes at a slightly below-market 4.204% yield and bid-to-cover ratio of 2.60, which is near the prior six-month average. Indirect bidders, a group that includes foreign investors, had above-average participation. The metrics indicate firm demand for the tenor. An auction of six-week T-bills in the morning had steady demand. The two-year trades at the auction's level, which is a decline from yesterday's settle of 4.234%. Longer-dated yields also fall. (paulo.trevisani@wsj.com; @ptrevisani)

1253 ET - The head of President Trump's co-owned cryptocurrency firm, World Liberty Financial, tried to dispel concerns that the firm's stablecoins could be used as a conduit for companies and countries to funnel money to the president. "I would completely dispute that notion," CEO Zach Witkoff tells CNBC's "Squawk Box," saying the company's stablecoins have high volumes and proof that costumers are actually using it. Facing skepticism from the hosts, Witkoff says Trump was a successful businessman before he became president and that the stablecoins are a small piece of the Trump business empire. Witkoff adds that he has never talked to Trump about the business. (dean.seal@wsj.com)

1248 ET - The head of President Trump's co-owned cryptocurrency firm, World Liberty Financial, says the Treasury Department's recent actions to stabilize long-term bond yields are a boon for liquidity in the crypto space. "You've seen liquidity and confidence come back to the space in the past week or two," CEO Zach Witkoff tells CNBC in an interview. Witkoff acknowledges that stablecoins, like WLF's USD1, are "very much connected" to Treasury rates, since they're part of how stablecoin companies make money, but adds that WLF is trying to make its business less interest-rate sensitive. (dean.seal@wsj.com)

1223 ET -- The U.A.E. debt capital market is likely to grow moderately in the second half of 2026 and into 2027, supported by government diversification plans, cross-sector financing needs and regulatory reforms, Fitch Ratings says. Total U.S. dollar debt issuance reached $24 billion in the first half, up 40% from the second half of 2025. "U.A.E. issuers have generally maintained market access so far in 2026 despite regional volatilities," says Bashar Al Natoor, Fitch's global head of Islamic finance. The debt market stood at about $320 billion outstanding at end-June, with sukuk accounting for 21%. (farhan.rafid@wsj.com)

1219 ET -- Abu Dhabi's residential property market is expanding sharply, with sales reaching AED86.1 billion in the first half of 2026, up 163.7% from a year earlier, Christie's International Real Estate says. Total real estate transaction value reaches AED117 billion, or around $31.86 billion, rising 112% on year and already equaling about 82% of the full-year 2025 total. The market is being supported by an influx of global capital and continued development of major residential and commercial projects, Christie's says. The strength reflects Abu Dhabi's own underlying fundamentals rather than simply an extension of Dubai's property cycle, the brokerage says. (farhan.rafid@wsj.com)

1213 ET -- Qatar's residential property market shows renewed momentum in the second quarter, with transaction volumes rising 23.6% from the previous quarter and 15.8% on year to 755 deals, real-estate consultancy ValuStrat says. The median transaction value increases to QAR3 million, around $823,000, up 8.2% on year, while ready-property mortgage transactions reach QAR16 billion across 335 deals. The growth in purchases and mortgage activity indicates that underlying buyer confidence remains resilient, says Anum Hasan, head of research for Qatar at ValuStrat. Residential capital values remained broadly stable, with the ValuStrat Price Index edging only slightly down to 97.8 points in the second quarter from 98.0 in the first. (farhan.rafid@wsj.com)

1202 ET - A U.S. Treasury auction of short-term debt shows signs of strong demand. The Treasury's weekly auction sells $99.3 billion in six-week bills, with a high rate of 3.650%. That compared to a market yield of 3.714% at the time, according to Tradeweb, indicating a sign of strong demand. Last week's six-week bill auction cleared at a 3.645% yield. The bid-to-cover ratio, a measure of investor demand, was 2.71, down from 2.97 in last week's auction. (jessica.coacci@wsj.com)

1147 ET - Smart glasses and similar devices that come with cameras and microphones should be regulated more strictly to safeguard everyone's privacy, Norway's minister of digitalization and public governance, Karianne Tung, says in a government statement. The government must take action to ensure smart glasses can't be misused to monitor others in public spaces, she says. Banning certain functions such as facial recognition in public areas might be a step in the right direction, she notes. Tung says she plans to set up an expert group to advise the ministry on how to regulate smart glasses. (mauro.orru@wsj.com)

1039 ET - U.S. and eurozone technology sector new debt supply has risen sharply in recent months, causing tech sector credit spreads to widen more notably than in other sectors, Societe Generale's Juan Valencia says in a note. Large technology companies are expected to issue more debt for the remainder of 2026, which could put further pressure on the sector's credit spreads, Valencia says. Nonetheless, the broader U.S. and eurozone credit market is expected to remain resilient given strong corporate profitability and a prudent approach to spending by businesses, he says. (miriam.mukuru@wsj.com)

1038 ET - U.K. fiscal risks and the prospect of the Bank of England avoiding interest rate rises could weigh on sterling later in the year, Rabobank's Jane Foley says in a note. "Against the backdrop of a high U.K. national debt and jitters on international bond markets, the October 28 budget won't be an easy one for [U.K. Chancellor of the Exchequer John Healey]," she says. The market still sees some risk of the BOE raising rates so steady policy, in line with Rabobank's view, could also undermine sterling, she says. The euro trades flat at 0.8557 pounds and Rabobank expects it to reach 0.8700 in three months. (renae.dyer@wsj.com)

1021 ET - The uncertainty around trade tensions between the U.S. and Canada could weigh on Canadian economic growth in 2026. UBS economists say that while the share of exports affected is relatively small "the impact on the outlook for Canadian growth could be larger than just the direct hit from weaker exports." Spiraling trade tensions could "once again bring uncertainty for businesses and consumers," they add, just when business sentiment and consumer spending were beginning to improve in Canada. As a result of the resurfaced uncertainty, UBS downgrades Canada GDP growth to 0.9% on an annual average basis, from 1.0% previously, which could be larger from "potential upstream/downstream supplier effects, price elasticity of demand, and potential investment response."