Flash News

TREE NEWS reports: Night-session futures opened with PVC and crude oil down more than 2%, while fuel oil fell nearly 2%. Coking coal, LPG, coke and low-sulfur fuel oil each dropped more than 1%. Ethylene glycol rose more than 1%, with international copper and Shanghai silver up nearly 1%.

TREE NEWS reports: The United States destroyed two Iranian small boats on Monday. No further details on the location, timing or casualties were immediately provided. The incident marks a direct US military action against Iranian vessels.

TREE NEWS update: Canada is extending immediate tax write-offs to a range of investments, broadening the scope of assets eligible for full upfront deduction rather than depreciation over time. The measure covers multiple investment categories, though the specific assets included were not detailed in the announcement.

TREE NEWS reports: Atlantic Council experts say corporate AI safety pledges require enforceable standards, warning that U.S.-China distrust is limiting the prospects for an international AI agreement. The analysis argues that an AI slowdown could unravel under commercial and geopolitical pressure.

TREE NEWS reports: Money markets have turned more hawkish on the interest-rate outlook, diverging from European central bank officials. Swap-market pricing now shows traders expect the European Central Bank to raise rates four more times by 25 basis points each over the next 12 months, and the Bank of England to deliver five hikes of the same size, as surging energy prices revive inflation concerns.

TREE NEWS reports: S&P 500 and Nasdaq 100 futures both turned positive, with Dow futures nearing positive territory. Crude fell about $1 intraday, with Brent reversing to a loss after earlier gaining 2%; WTI pared its gain to 0.3% at $101.67 a barrel. Spot silver rose 1.0% on the day to $63.9 an ounce.

TREE NEWS reports: The 10-year US Treasury yield broke above 5% for the first time since 2007, triggering a global bond market selloff that pushed Japanese and South Korean equities lower and lifted Brent crude nearly 2%. The Nikkei 225 closed down 0.01%, the Shanghai Composite fell 0.54% and Hong Kong’s Hang Seng dropped 1%. Goldman Sachs warned momentum trades have seen their widest divergence in five years, with capital rotating out of chips into software.

TREE NEWS reports: China’s National Bureau of Statistics on September 15 released commodity housing sales price changes for 70 large and medium-sized cities, along with national real estate market data for January through August. Yan Yuejin, vice president of the Shanghai E-House Real Estate Research Institute, said in a written analysis that although prices fell slightly, the decline is narrowing, indicating the market has basically bottomed as buyer confidence improves and price risks clear.

TREE NEWS update: White House National Economic Council Director Kevin Hassett said he and President Donald Trump will respect whatever decision Fed Chair Kevin Warsh makes tomorrow, when asked whether a rate hike by Warsh would be a mistake. In an interview, Hassett said they hold Warsh in high regard and have known him for many years, while laying out his case against Fed rate increases.

TREE NEWS update: Qijing Auto said on September 15 that its GX7 model is expected to officially launch in late September 2026, with deliveries starting at the same time. The company said the GX7 currently comes in an extended-range powertrain version, and any future product updates will be released first through Qijing Auto’s official channels, when asked whether a pure-electric version will follow.

TREE NEWS reports: Canadian wholesale sales rose 0.3% in July from the previous month, slowing sharply from a 2.8% gain in June, the latest data show. The July reading marks a deceleration in wholesale activity after the prior month’s stronger advance.

TREE NEWS reports: The New York Fed’s Empire State Manufacturing Index came in at 7.6 for September, below the 12.1 expected by economists and down from 20.6 in the prior month. The reading still signals expansion, but at a markedly slower pace than August.

TREE NEWS update: CATL said its wholly owned subsidiary Ningbo Wending signed a partnership agreement with Xiamen Puquan and Xiamen Ruiting to invest in the Xiamen Shidai Yiyuan venture capital fund. Ningbo Wending will subscribe 1.12 billion yuan, a 19.4175% stake in the fund, which has total committed capital of 5.768 billion yuan and targets the new energy supply chain, AI and embodied intelligence applications, and tech innovation.

TREE NEWS reports: US private-sector employment increased by an average of 16,250 jobs per week over the four weeks ending August 29. The figure offers a weekly read on the pace of hiring in the US labor market.

TREE NEWS reports: A BMO Real Financial Progress Index survey finds nearly two in five US parents with young children expect to receive or seek financial support from their parents or grandparents in the coming year. Of those, 47% say they will receive direct cash from relatives for everyday essentials, while a quarter expect relatives to contribute to a child’s 529 education savings account or other savings accounts. Raising a child in the US now costs over $300,000, excluding college tuition.

TREE NEWS update: White House economic adviser Hassett praised private-sector safeguards following concerns raised over Mythos. The remarks addressed worries tied to Mythos, with Hassett pointing to protections already in place in the private sector. No further details were given.

TREE NEWS reports: ByteDance’s first-half revenue rose 30% year over year to $120 billion, the company’s latest sign of continued growth at the TikTok parent. The figure, reported for the six-month period, puts the Beijing-based group at roughly $120 billion in first-half sales, up from the prior-year period.

TREE NEWS reports: The Baltic Dry Index, which tracks the cost of shipping dry bulk commodities by sea, dropped 2.47% to 3,360 points.

TREE NEWS reports: Carlyle Group’s chief executive said he does not yet sense that an interest-rate hike is approaching, signaling the private-equity firm sees no imminent tightening in the current cycle. The comment, made without a specified date, offers a view from a major asset manager on the direction of monetary policy.

TREE NEWS update: Iranian President Masoud Pezeshkian said in an interview with Indian media that Supreme Leader Mojtaba Khamenei is alive, remains in contact with government officials and is carrying out his duties. Pezeshkian’s remarks addressed rumors about Khamenei’s status, stating that the US and Israel cannot target the supreme leader.