Flash News

TREE NEWS update: Russian Foreign Minister Sergei Lavrov said on September 3 that Russia will close several German Goethe Institutes in response to Germany’s decision to close the Russian House in Berlin and the Russian consulate in Bonn. Germany’s foreign minister expressed regret over the move. The decision follows a German claim that a Russian drone crashed in Leipzig.

TREE NEWS reports: Freddie Mac reported that the average rate on a 30-year fixed-rate mortgage in the US rose to 6.71% for the week, up from 6.66% the previous week, marking the highest level since July 2025. The increase reflects ongoing upward pressure on borrowing costs amid persistent inflation and expectations of tighter monetary policy.

TREE NEWS reports: Yen’s sharp appreciation has weakened the dollar, lifting bitcoin and gold together, breaking the traditional risk-off link. Bitcoin trades at $78,535.67, benefiting from dollar weakness and looser financial conditions. However, analysts warn that a disorderly yen surge could trigger massive unwinding of yen carry trades, pressuring risk assets.

TREE NEWS reports: UK 10-year gilt yields dropped 9.5 basis points on Thursday, hitting a fresh daily low of 5.135% in late European trade. Two-year yields fell 9.6 bps to 4.519%, while 30-year and 50-year yields declined 8.3 and 8.1 bps respectively. The 2/10-year spread was little changed at +61.463 bps.

TREE NEWS reports: US imports of refined copper and alloys surged to 225,094 metric tons in July, the highest monthly level since records began in 1990. The figure marks a 78% jump month-over-month and an 8% rise year-over-year, driven by traders rushing shipments ahead of potential US tariffs.

TREE NEWS reports: European natural gas and carbon prices declined on Thursday. ICE UK gas futures fell 3.31%, TTF benchmark Dutch gas dropped 3.51%, and ICE EU carbon emission allowances slipped 0.74%.

TREE NEWS update: Hewlett Packard Enterprise (HPE) announced that its agreement with Oracle will allow Oracle to build gigawatt-scale infrastructure. HPE noted significant growth in enterprise AI applications, underscoring the demand for massive compute capacity to support AI workloads.

TREE NEWS reports: CME Group said the yen’s rally is accelerating as dollar-selling options are triggered, with a break above 155 potentially sparking further dollar selling. Demand for options at the 155 yen level has been increasing throughout the day.

TREE NEWS reports: MSCI Nordic Countries Index gained 0.8% to close at 403.13 points. The industrial sector led gains among the ten sectors, while real estate firm Sagax AB rose 3.6%, the top performer among Nordic stocks.

TREE NEWS update: The US Treasury auctioned 4-week bills at a high yield of 3.7%, with a bid-to-cover ratio of 2.97. Separately, 8-week bills were sold at 3.750% yield, with a bid-to-cover ratio of 3.02.

TREE NEWS reports: Germany’s DAX 30 index provisionally closed up 0.52% at 25,973.57 points. France’s CAC ended down 0.09%, while Italy’s FTSE MIB rose 0.62%, with its banking index up 0.93%. The UK’s FTSE 100 gained 0.60%.

TREE NEWS reports: European stocks rose, with the STOXX 600 preliminary close up 0.40% at 648.51 points. The eurozone STOXX 50 gained 0.15% to 6371.55, and the FTSEurofirst 300 added 0.39% to 2591.05.

TREE NEWS reports: US stocks advanced in afternoon trading, with the Nasdaq 100 index expanding gains to 1%. The Nasdaq rose 1.2%, the S&P 500 gained 0.9%, and the Dow Jones Industrial Average climbed 1.1%.

TREE NEWS update: Saudi Arabia set the October official selling price for Arab Light crude to Asian buyers at a discount of $2 per barrel to the Oman/Dubai average. The pricing reflects ongoing market conditions as the kingdom adjusts its monthly allocations.

TREE NEWS reports: Cliffwater’s private credit fund has received redemption requests totaling 16% of its assets, signaling growing investor unease in the private credit market. The figure, reported recently, highlights liquidity pressures as investors seek to exit. Cliffwater has not yet commented on how it will handle the redemptions.

TREE NEWS reports: Gold prices jumped 3% to $4,547.1 per ounce intraday, with spot gold up 2.5% at $4,498.02, while silver gained 3.5%. The moves came after Fed Governor Christopher Waller signaled he would support keeping rates unchanged if inflation continues to ease. US 10-year Treasury yields fell to 4.73% premarket, and Mischler’s Tom di Galoma said Waller’s comments gave the bond market relief.

TREE NEWS update: Bank of England Chief Economist Huw Pill said that against a backdrop of energy price uncertainty, “fine-tuning” interest rates is problematic. He noted the Monetary Policy Committee should be cautious in using extreme “hypothetical” scenarios to illustrate its analytical framework. Rapid hikes in Bank Rate could curb some potential hidden “catch-up” effects, but such increases would not signal the start of a “persistent and aggressive” tightening cycle.

TREE NEWS reports: Silver prices surged 3.0% in New York trading, reaching $67.45 per ounce. The sharp gain reflects strong buying momentum in the precious metals market.

TREE NEWS reports: In night trading, LPG futures rose approximately 3.8%, coking coal gained about 1%, and fuel oil climbed 0.9%. Coke and PVC each advanced 0.8%, while iron ore rose roughly 0.6%. Palm oil fell more than 0.5%.

TREE NEWS update: President Donald Trump said, “We are stocking up on ammunition,” according to a statement. The remarks, reported on [date], suggest preparations for potential conflict. No further details were provided.