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The US-Canada trade war has fallen into a deadlock, and the Bank of Canada may hold interest rates steady for the seventh consecutive time.

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Against the backdrop of escalating US-Canada trade tensions and rising energy prices, markets widely expect the Bank of Canada (BoC) to hold its benchmark interest rate steady at 2.25% this Wednesday, marking the central bank’s seventh consecutive hold. The US has already imposed a 50% tariff on roughly $20 billion worth of Canadian goods, while Canada plans to levy retaliatory tariffs on certain US products starting September 8. Meanwhile, driven by rising oil prices, Canada’s overall inflation rate has climbed to 3%, hitting its highest level since 2023, leaving the BoC facing a stagflation dilemma: tariffs weighing on economic growth while energy costs fuel inflation. While Canada’s annualized second-quarter GDP growth rebounded to 3.3% and over 180,000 jobs were added between May and July, roughly two-thirds of surveyed economists have cut their corporate investment forecasts due to the trade war. Markets now widely anticipate that the BoC’s next rate hike may not come until the first half of 2027.

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Beating AI News Brief: Pi’s GitHub Repository Surpasses 100,000 Stars, Official Teases Upcoming Pi v2. Pi is an open-source Agent harness that also provides a terminal Coding Agent. Over the past month and a half, Pi has been rewriting its underlying Agent runtime framework. At the end of July, it first unveiled Harness v2, adding key features including task persistence, crash recovery, and multiple execution lanes. Shortly after this design was integrated into official APIs in early August, the team began work on Harness v3, which involved a full redesign of storage and runtime states. The v3 work was later consolidated into the current unified harness.md. The new Harness is designed to let Agents resume from their last safe state even if the process crashes mid-execution, and support parallel execution of multiple Agent tasks on the same session history. The current dev branch still has hundreds of commits not yet merged into main, with the new Harness under rapid development.

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Token 'Niulai' plunges over 21% in 24 hours, market cap falls to $87 million.

According to GMGN market data, the BSC-based meme coin "Niu Lai" has fallen more than 21% in 24 hours, with its market capitalization dropping to $87 million. BlockBeats reported yesterday that all screenings of the movie "Niu Lai" have been extended to 23:59 on October 4, 2026. As of press time, the film "Niu Lai" has accumulated a box office (including pre-sales) of over 60 million yuan, and AI forecasts its total box office will exceed 69 million yuan.

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US crypto-related concept stocks saw their intraday declines widen, with PURR plunging more than 7%.

According to market data from BIT (bit.com), US-listed cryptocurrency-related stocks saw their intraday declines widen, with MSTR down 6.12%, CRCL down 5.94%, COIN down 4.53%, BMNR down 5.73%, SBET down 5.16%, and PURR down 7.02%.

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Bitunix launches On-Chart Order Preview feature

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Ethena Launches Ethena Pay, Boasting 5% Cashback and 6% USD Savings Yield

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US semiconductor and storage sectors post broad losses, with Intel falling nearly 4% and the Philadelphia Semiconductor Index dropping more than 3%.

According to market data from BIT (bit.com), the semiconductor and storage sectors in US stocks saw broad declines during the trading session, with the Philadelphia Semiconductor Index falling more than 3%. Specific stock performances: Micron Technology (MU) dropped 2.53%, SanDisk (SNDK) fell 2.26%, Seagate Technology (STX) declined 3.06%, Western Digital (WDC) dropped 1.94%, SK Hynix ADR fell 2.41%, NVIDIA (NVDA) declined 3.25%, Intel (INTC) dropped 3.88%, and Advanced Micro Devices (AMD) fell 3.48%.

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