Flash News

TREE NEWS update: JPMorgan has restricted lending to Jane Street due to the trading firm’s bond activities. The move reflects heightened risk management by the bank in its relationships with the market maker.

TREE NEWS update: CME Group reported that open interest in its US natural gas futures reached a record 1.807 million contracts on September 1, surpassing the previous high of 1.801 million set in November 2024. The benchmark Henry Hub contract saw the surge, reflecting heightened market activity.

TREE NEWS update: US Commerce Secretary Howard Lutnick announced that G20 member nations have reached a consensus on principles for science and technology. The agreement, disclosed on [date], aims to foster international cooperation in these fields. Details of the principles were not immediately disclosed.

TREE NEWS reports: On Wednesday, gold ETFs closed up 1.52%, while Russell 2000 ETFs rose 1.18% and yen long ETFs gained 0.93%. Emerging market ETFs added 0.57%, and Dow, S&P 500, convertible bond, Brent oil, and long-term Treasury ETFs gained up to 0.54%. Euro long ETFs fell 0.03%, dollar index long ETFs dropped 0.14%, and real estate ETFs declined 0.54%.

TREE NEWS update: Canadian Prime Minister Mark Carney has invited BlackRock CEO Larry Fink and Gray to attend Canada’s investment summit. The summit aims to attract global investors to bolster Canada’s economy amid trade tensions with the US. Details on the agenda and date were not disclosed.

TREE NEWS update: Reserve Bank of New Zealand Assistant Governor Karen Silk said inflation excluding fuel remains “uncomfortably high,” signaling persistent price pressures. The remarks suggest the central bank may maintain a cautious stance on rate cuts. Markets will watch for further policy signals amid sticky core inflation.

TREE NEWS reports: On Wednesday, September 2, most US sector ETFs rose, with regional banks up 2.23%, banking ETFs up 2.09%, global airlines up 1.58%, biotech up 1.41%, semiconductors up 0.96%, global tech up 0.27%, and internet up 0.09%. Tech sector ETF fell 0.02%.

TREE NEWS update: The G20 released a joint statement urging member states to each develop their own artificial intelligence policies. The statement emphasizes investing in basic research to achieve technological breakthroughs and maintaining national sovereignty when developing emerging technologies.

TREE NEWS update: New Zealand Reserve Bank Governor Anna Breman said that a gradual withdrawal of stimulus policy is appropriate. Her remarks signal a cautious approach to tightening monetary conditions as the central bank assesses economic data.

TREE NEWS reports: Among the S&P 500’s 11 sectors, materials rose 1.54%, telecom gained 1.16%, information technology/tech added 0.33%, energy edged up 0.32%, while real estate fell 0.79%.

TREE NEWS reports: The S&P 500 closed preliminarily up 0.4%, with materials and telecom sectors each gaining over 1%, while tech and energy rose about 0.3%. Real estate fell 0.8%. The Nasdaq 100 gained 0.2% preliminarily, led by Alnylam’s 8.4% jump and PayPal’s 4.2% rise, but Palantir and Datadog dropped up to 9.2%.

TREE NEWS reports: At New York close Wednesday (Sept 2), the Bloomberg Grains Subindex fell 0.74% to 35.6390, hovering near 35.40 after a brief rebound post-US equity open. CBOT corn futures dropped 0.64%, wheat 0.99%, soybeans 0.84% to $13.0875/bushel, with soybean meal down 0.91% and oil down 2.33%. Lean hogs rose 0.18%, while live cattle fell 0.97% and feeder cattle 0.13%.

TREE NEWS update: On September 2, US Central Command reported that its naval blockade against Iran has caused 86 commercial vessels to alter course, disabled three ships, and led to the boarding and inspection of two vessels as of that day.

TREE NEWS update: Iran’s Persian Gulf Maritime Authority updated its list of ‘violating vessels’ on Tuesday, adding 11 ships and bringing the total to 57. The authority said these vessels failed to comply with navigation rules in the Strait of Hormuz. Listed ships may face fines, seizure, or cargo confiscation when passing through the strait.

TREE NEWS update: US Trade Representative Jamieson Greer said Brazil and Paraguay would be best positioned to supply beef to the US market. The remark, reported by Politico, signals potential shifts in US agricultural trade policy. No further details were provided.

TREE NEWS reports: US 2-year Treasury yield fell 2.48 basis points to 4.731% on Wednesday, dipping to a daily low of 4.3586% at 20:21 Beijing time. The 10-year yield dropped 1 bp to 4.7881%, while the 30-year yield slipped 1.27 bps to 5.2603%. The move followed a V-shaped reversal around the ADP employment report.

TREE NEWS update: President Donald Trump said he is “glad” that Prince Harry and Meghan Markle plan to leave the United States, mocking the couple as they prepare to settle in the UK. Trump’s remarks came as the Sussexes announced their move back to Britain.

TREE NEWS update: The Canadian government led by Prime Minister Mark Carney will extend the suspension of the fuel excise tax until January 31, 2027, as the Iran war drives up energy costs. Finance Minister François-Philippe Champagne announced in Ottawa that the tax will be halved from February 1 to March 31, then return to full rates on April 1.

TREE NEWS reports: The yen gained ground in New York trading on Wednesday, with the dollar falling 0.78% to 158.92 yen, after touching a low of 158.22 and a high of 160.39. The euro and pound also weakened against the yen, down 0.84% and 1.01% respectively. Meanwhile, the dollar edged up 0.19% against the Swiss franc.

TREE NEWS reports: The ICE Dollar Index fell 0.09% to 99.588 points at New York close on Wednesday (Sept 2), trading in a range of 99.863-99.436. A notable decline occurred at 21:19 Beijing time. The Bloomberg Dollar Index dropped 0.17% to 1196.52, ranging between 1200.13 and 1195.36.