TREE NEWS update: Iran’s health ministry spokesman said on September 3 that US military strikes from 8:30 PM local time on August 30 to 8:30 PM on September 2 killed 18 people and wounded 142. The US attacked Iran’s Larak Island on August 30 and multiple other locations on September 1.
TREE NEWS update: The Dutch central bank said Tuesday it transferred about 86 tonnes of gold reserves from New York and Ottawa to London between March and August to diversify risk and prepare for crises. France has concentrated all its 2,437 tonnes domestically since April, while Germany repatriated 300 tonnes from the US in 2013-17. Expert Wan Zhe says gold repatriation signals eroding trust in the dollar system and accelerating global reserve diversification.
TREE NEWS update: Commerce Secretary Howard Lutnick said Anthropic’s issues with the Trump administration have been resolved, but a senior Pentagon official disagrees. Deputy Under Secretary of Defense for Research and Engineering Emil Michael said on social media Thursday that the Pentagon’s determination that Anthropic poses a supply chain risk remains in effect.
TREE NEWS reports: On Thursday, September 3, usage of the Federal Reserve’s overnight reverse repurchase agreement (RRP) facility totaled $702 million, with four counterparties, down from $525 million the previous trading day. The decline reflects continued low demand for the Fed’s liquidity absorption tool.
TREE NEWS update: Bybit Pay has integrated with Mesh, enabling users to spend digital assets directly from their exchange balances across Mesh-powered platforms. The collaboration expands crypto payment options for Bybit customers, allowing seamless spending of funds without withdrawal.
TREE NEWS update: BitMEX co-founder Arthur Hayes contributed 75% of Reform UK’s donations in Q2 2026, the party led by Nigel Farage has accepted. The contributions from crypto-industry figures raise questions about potential influence on UK policy. No specific policy changes have been proposed.
TREE NEWS reports: Goldman Sachs Asset Management co-head of client portfolio management Katherine Bordlemay predicts US equities will continue to rise with volatility, with individual stock swings masking calm in major indices. Earnings, not valuations, are the main buffer against rising Treasury yields. She is optimistic on unloved sectors, particularly US healthcare and international developed markets.
TREE NEWS update: OpenAI announced that its systems have fully resumed normal operations. The company did not provide details on the duration or cause of the outage.
TREE NEWS reports: International copper rose 0.67% in night trading, while Shanghai copper gained 0.53%. Aluminum added 0.47%, zinc 0.28%, and tin 0.76%, but lead fell 0.12% and nickel dropped 0.47%. Alumina climbed 1.33%, while stainless steel slipped 0.04%.
TREE NEWS update: On September 3, Chinese Vice Premier Ding Xuexiang attended the plenary session of the 11th Eastern Economic Forum in Vladivostok, Russia, and delivered a speech titled “Deepening China-Russia Regional Cooperation and Enhancing the Well-being of the Two Peoples.” The event underscores ongoing bilateral engagement in regional development.
TREE NEWS reports: LME copper settled $118 higher at $14,334 per metric ton. Aluminum gained $28 to $3,312/t, zinc rose $47 to $3,912/t, lead added $9 to $1,904/t, and tin climbed $720 to $54,952/t. Nickel fell $127 to $16,786/t, while cobalt dropped $2,165 to $48,500/t.
TREE NEWS update: Police in Rivers State, Nigeria, reported that around 40 people died on May 3 from inhaling toxic fumes during an illegal oil transfer operation. About 200 locals had gathered at a dock to offload petroleum products from a vessel when they were overcome by gas. At least 37 bodies have been recovered, with several people still missing and others hospitalized.
TREE NEWS reports: Oman has quietly rejected Iran’s proposal to charge commercial vessels service fees in the Strait of Hormuz. The officials say Oman refused to agree to environmental and safety charges, even on a voluntary basis, contradicting claims by Iran’s Revolutionary Guard that a deal had been reached. The proposal followed talks between the two countries’ foreign ministers in Tehran.
TREE NEWS update: ProCap Financial, Anthony Pompliano’s bitcoin treasury company, sold about 50 BTC to repurchase over 2% of its outstanding shares at a roughly 40% discount to net asset value (NAV). As of September 2, it held about 5,305 BTC. The company said cumulative buybacks now represent about 10% of shares outstanding, and it will continue evaluating buybacks when shares trade at significant discounts to NAV.
TREE NEWS reports: Robinhood Chain meme coin CASHCAT saw its market cap briefly surpass $300 million, setting a new all-time high. It now stands at $275.4 million, up 7.68% in the last 24 hours. Meme coins remain highly volatile; investors should exercise caution.
TREE NEWS reports: Oman has quietly rejected Iran’s proposal to levy tolls on shipping through the Strait of Hormuz. The decision underscores Oman’s independent stance amid regional tensions over the strategic waterway.
TREE NEWS update: The US Mint announced on Sept 4 that $1 coins bearing President Trump’s portrait are now in circulation and available for purchase, marking the first time a living person has appeared on US currency since 1866. Coins are sold in packs of 25 or 100, starting at $61. Trump has proposed a $250 bill with his image.
TREE NEWS reports: Bitcoin jumped alongside stocks after Federal Reserve Governor Christopher Waller said he could support holding interest rates steady. The surge triggered $415 million in short liquidations, with short sellers absorbing the brunt of the squeeze. The move marks a synchronized rally across risk assets on hopes of a pause in rate hikes.
TREE NEWS update: Anthropic has resolved an issue that was impacting multiple models. The company announced the fix, restoring normal operations for affected users. Details of the problem were not disclosed.
TREE NEWS reports: At Thursday’s European close, the Italian 10-year government bond yield fell 5.0 basis points to 4.158%, the largest decline among euro zone sovereign yields. German 10-year yields dropped 3.3 bps to 3.343%, while French 10-year yields fell 4.7 bps to 4.204%. Spanish and Greek 10-year yields also declined.
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