Flash News

TREE NEWS reports: FTSE China A50 index futures closed down 0.3% in continuous overnight trading, settling at 14,322 points. The move marks a modest pullback for the Singapore-listed contract tracking the 50 largest A-share companies on the Shanghai and Shenzhen exchanges.

TREE NEWS reports: At the Wednesday, September 16 New York close, S&P 500 futures fell 0.42% and Dow futures dropped 1.18%, while Nasdaq 100 futures edged up 0.07%. Russell 2000 futures closed 0.41% lower.

TREE NEWS update: US Joint Chiefs of Staff Chairman Dan Caine said on the 16th that the US military must prepare not only for operations in Earth orbit but also for operations in the space around the Moon. Caine made the remarks as Washington pushes to expand its military posture beyond low Earth orbit.

TREE NEWS reports: Spot gold fell 0.68% to $4,263.07 an ounce in New York trading on Wednesday, September 16, after the Federal Reserve announced a rate hike and released its latest dot plot at 02:00 Beijing time. Gold touched a session high of $4,366.49 at the announcement before sliding to a session low of $4,235.59 after Fed Chair Warsh’s press conference. Spot silver dropped 1.08% to $62.9845 an ounce.

TREE NEWS reports: The S&P 500 fell 0.45% on September 16, its sixth consecutive decline on a Federal Reserve rate-decision day. That marks the longest such losing streak since 2018, when the index dropped on seven straight policy-decision days.

TREE NEWS reports: Exxon Mobil is close to reaching an agreement to invest in Venezuela. No further details on the size, structure or timing of the potential investment were immediately available. The development signals a possible re-entry by the US oil major into the OPEC member’s energy sector.

TREE NEWS reports: MSCI’s emerging markets stock index gained 0.3%, while its developing-nation currency index fell 0.1%. The two gauges moved in opposite directions, with equities higher and emerging-market currencies marginally weaker.

TREE NEWS update: Brazilian politician Eduardo Bolsonaro has requested that the United States impose sanctions on several Brazilian judges. The request was reported by CNN Brasil. No further details on the targeted judges or the US response were provided in the material.

TREE NEWS reports: Foreign holdings of US Treasuries fell to a nine-month low in July, with Japan’s stash dropping $12.8 billion to $1.1 trillion as Tokyo intervened in the currency market that month. China cut its holdings by $15.4 billion to $618 billion, while the UK added $58.4 billion to reach $998.3 billion. Belgium, France and Canada also reduced their positions.

TREE NEWS update: US President Donald Trump said on his social media platform that US interest rates should be cut to 1% or lower, arguing the country holds the world’s strongest credit and is drawing substantial new investment. Trump said the US could gain at least $1.5 trillion a year if it stopped trading with countries that run trade deficits, calling deficits “losses.” He again urged the Federal Reserve to lower rates quickly, saying cheaper borrowing costs would help the economy.

TREE NEWS update: UK Prime Minister Burnham and Canadian Prime Minister Carney discussed cooperation on the safe development of artificial intelligence. The two leaders addressed joint work on AI safety, though no specific agreements, funding figures or timelines were disclosed. The talks add to a growing list of bilateral AI governance discussions among allied governments.

TREE NEWS update: Canadian Prime Minister Mark Carney said Canada has formally applied to join the UK-led Joint Expeditionary Force, a military coalition. The announcement was made on the record by the prime minister himself. No timeline for a decision on the application was given.

TREE NEWS update: US-Mexico trade negotiations will take place on September 28-29. The talks put the two sides at the table for a fresh round of discussions on their trade relationship. No agenda items, participants or expected outcomes were given.

TREE NEWS update: The White House is seeking to remove Canadian categories from the United States procurement list. The move would strip Canadian goods of their designated status in federal purchasing. No further details were immediately available.

TREE NEWS reports: The United States Brent Oil Fund closed down 2.91% on Wednesday, September 16, leading declines among major US asset-class ETFs. The Dow Jones ETF fell 1.15%, the yen long position dropped 0.69%, the US real estate ETF lost 0.66%, the gold ETF slipped 0.61% and the euro long position fell 0.6%. The Nasdaq 100 ETF, soybean fund and Barclays US convertible bond ETF posted gains of at most 0.08%.

TREE NEWS update: Bank of America said its current prime rate is 7.00%, effective September 17. The prime rate is the benchmark US lenders use to price many consumer and business loans, including credit cards and home equity lines. The bank disclosed the rate without giving further detail on the change.

TREE NEWS reports: The US Fed rate-cut winners index closed down 1.79% at 88.51 on Wednesday, September 16. The gauge traded roughly flat from the open until 02:00 Beijing time, then fell steadily after the Federal Reserve’s rate announcement, hitting a session low of 87.61 at 03:26. Constituents fell broadly, with Huntington Bancshares down 5.55%, Citizens Financial Group down 4.84%, Polaris down 4.51% and Truist Financial down 4%.

TREE NEWS update: The US House of Representatives passed a small business bankruptcy bill that raises the debt ceiling for eligibility for bankruptcy relief. The legislation now moves forward after clearing the chamber. The bill’s passage marks a step in expanding access to bankruptcy protection for smaller firms.

TREE NEWS reports: On Wednesday, September 16, most US sector ETFs closed lower, with the energy ETF down 2.88%. Regional bank, banking and financial sector ETFs fell as much as 1.77%, while the internet stock index ETF slipped 0.43%. Tech sector ETFs gained 0.1%, the global tech stock index ETF rose 0.4% and the semiconductor ETF added 0.64%.

TREE NEWS reports: Energy was the worst-performing of the S&P 500’s 11 sectors, closing down 2.97%, while financials fell 1.63%. Materials, consumer discretionary and telecom sectors lost as much as 0.73%, and utilities, healthcare and information technology gained no more than 0.1%.