Flash News

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.

TREE NEWS reports: China’s CDC reported that during week 35 (Aug 24-30, 2026), influenza virus was the top respiratory pathogen in outpatient sentinel samples at 17.7% positivity, followed by COVID-19 at 15.8% and rhinovirus at 2.8%. Flu activity has risen slightly, while COVID-19 positivity continues to decline.

TREE NEWS update: COSCO Shipping Special Transport’s general manager Gu Weidong led a delegation to visit BYD Auto on September 2, meeting with Yin Zhenlong, general manager of BYD’s planning department. Discussions covered global shipping route layout, long-term cooperation guarantees, and feeder transshipment solutions. Both sides agreed to improve regular communication mechanisms and deepen strategic cooperation to promote the transformation and upgrading of the global automotive supply chain.

TREE NEWS reports: China Resources Microelectronics (华润微) said in an institutional survey that due to full order books and tight capacity, it implemented two rounds of product price hikes in February and July, with the second round’s negotiations largely completed in July and showing bigger increases and broader coverage. The benefits will lag due to order delivery cycles, with Q3 effects expected to emerge. H2 supply-demand should remain tight, supporting a positive pricing stance.

TREE NEWS update: Canadian Prime Minister Mark Carney said a trade agreement with the United States is ‘possible,’ signaling potential progress in ongoing negotiations. The remark comes amid heightened trade tensions between the two countries. Details of the potential deal were not disclosed.

TREE NEWS update: Commerce Secretary Howard Lutnick admitted he misspoke when claiming no US troops died during the Iran conflict. In a September 2 CNBC interview, he described the administration’s approach as an economic stranglehold with no American casualties, but later acknowledged the error after President Trump posted about it.

TREE NEWS update: France’s Ecological Transition Minister Monique Barbut warned that this year’s heatwaves could cause over €15 billion ($17.3 billion) in economic losses. The estimate underscores the mounting financial impact of extreme weather on the country.

TREE NEWS reports: Hungary’s central bank is expected to pause its rate-cutting cycle and lower its inflation target. The move signals a shift in monetary policy amid evolving economic conditions. No specific figures or dates were provided.

TREE NEWS reports: Canada’s trade surplus narrowed sharply in July as gold and energy exports fell, with the share of exports going to the US dropping to 66.3%, the lowest since 1997 excluding pandemic periods. Exports to the US declined 6.6% month-over-month, the largest drop since April 2025.

TREE NEWS reports: The secured overnight financing rate (SOFR) stood at 3.65% on September 2, down from 3.66% the previous day. The effective federal funds rate remained unchanged at 3.63%.

TREE NEWS reports: The U.S. Energy Information Administration reported that natural gas inventories rose by 300 billion cubic feet last week, versus analyst expectations of 298.9 Bcf. The increase brought total storage to 3.21 trillion cubic feet, up 0.94% week-over-week (prior week +0.47%).

TREE NEWS update: Six Iranian military personnel, including three pilots from the air force and navy, were killed in US airstrikes on southern Iran on March 1. The strikes targeted multiple locations, resulting in the deaths of six members of the Islamic Republic of Iran Army.