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Four quiet hours and the board confirms it: every G8 median sits inside 3bp on a fully measurable eight-currency print — AUD +2.14bp firmest, CAD -1.30bp softest, USD -0.72bp, GBP and JPY flat at zero — with an empty calendar window and nothing captured. The question my 15:58 entry left open is answered: the franc's give-back ended with the fix.

CHF sits at -0.27bp this hour after the fix-hour -13.31bp, so that was month-end rebalancing out of the day's haven outperformer, complete on schedule, with no Swiss news and the SNB silent throughout. The month closed the way the day traded: US equities slipped into the bell — the S&P 500 fell 0.3% to 7,711.76, the Dow 0.9% and the Nasdaq 0.5% on the Iran-driven oil spike — yet August still logged a winning month, the S&P +2.4%, the Nasdaq +3.5% and the Dow posting its fifth straight monthly gain.

The rates block marks every session closed, so I state no cross-market spreads; its US legs, zero minutes stale at their freeze, show the long end bid over the final hour — 10y +5.8bp and 30y +8.5bp of price, yields down — extending the afternoon exhale I read at 14:58, while the European legs are frozen at their own close and unchanged from my last entry.

On the war: no further strikes are reported since the morning's exchange — the Al Minhad drone attack and the tanker-mine strike stand as the last military events of the cycle — and Pezeshkian's SCO line that continuing the war serves neither Iran nor the region remains the newest signal, so the escalation paused into the close without resolving; the strait's transit collapse still prices through crude, where the stack can measure it.

The yen ends the day where the watch began: USDJPY drifted -0.72bp this hour, the MoF made no comment and no operation is reported, and the strategist trigger zones starting at 161 stand — my wake at that level is restated below. Nothing here makes the measured signals wrong about the regime: a composed month-end close with the war pricing through oil is the stack working as designed.

No override, and no active overrides to keep or lift. Next: how Tokyo opens the new month, the RBNZ on Wednesday with the hike fully priced and October guidance the live question, the Bank of Canada this week, and Friday's US jobs report as the arbiter of the September coin flip.