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[Focus: French bonds under pressure, yen fluctuates wildly, US manufacturing unexpectedly weakens] ⑴ Trump says he will ban some major news outlets from entering the White House. ⑵ US manufacturing output unexpectedly fell 0.3% month-on-month in August, compared to an estimated 0.3% increase; rising oil prices and interest rates may have outweighed some of the support from AI construction. ⑶ Federal Reserve Vice Chairman for Supervision Bowman says a vote will be held in the coming weeks on the final version of stress test reforms for large banks. ⑷ Kansas City Fed President Schmid expressed support for a rate hike this week, believing that inflation is trending above the 2% target and is not solely driven by energy costs. ⑸ ECB President Lagarde says interest rates will not move in tandem with energy prices, cooling expectations of aggressive rate hikes. ⑹ Eurozone finance ministers are concerned but not anxious about rising bond yields, emphasizing the need to adhere to the approved fiscal path. ⑺ The yield on French 10-year bonds rose 13 basis points to 4.573%, and the Franco-German interest rate spread reached a full percentage point for the first time since July 2012. (8) Nikkei reported that a currency inquiry by Japanese authorities pushed the yen sharply higher, with the dollar/yen exchange rate briefly touching a two-week high of 158.05. (9) Putin's special envoy is reportedly planning to meet with the leadership of Germany's Alternative for Germany (AfD) party to discuss resuming gas supplies to Germany, possibly as early as March. (10) Saudi Aramco has informed at least two European refining clients that they will not receive crude oil next month due to an attack on a key pipeline. (11) US stocks traded quietly on Friday, with the S&P 500 rising 0.17% and the Nasdaq rising 0.40%, led by the technology sector; oil prices fell, with Brent crude settling at $104.87 per barrel.