Flash News

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 reports: The FAMI token that Money Mushroom trades against on Robinhood Chain is not a Robinhood stock token. Its 37,430,000 supply, close to Farmmi’s entire share count, was minted in a single transaction by a wallet that kept 38% and now runs a contract named PoolRepricer to manage the price.

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 update: Brian Armstrong announced on X that Coinbase is developing an Omarchy plugin, which will be released soon. He described the AI-native operating system as an ambitious vision.

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.

TREE NEWS update: US Energy Secretary Chris Wright said the Trump administration is negotiating a Venezuela-related agreement with “extreme care.” He made the remarks without specifying details of the talks. The statement signals a cautious approach to potential energy or sanctions arrangements with Venezuela.

TREE NEWS update: Meta Platforms Inc. released its most powerful AI model to date, with its chief AI officer claiming the new model’s performance has moved closer to top competitors. Developers can access and pay for Muse Spark 1.3 starting Wednesday. The update will also roll out to Instagram, Facebook, and Meta AI users soon.

TREE NEWS reports: Phong Le, CEO of Strategy, said the company’s decision to sell nearly 7,000 BTC at around $60,000 was driven by its cost of capital, not Bitcoin’s price. He expressed no regrets about the sale, even as the company repurchased Bitcoin above $80,000. Le emphasized that the trade was ‘the right trade’ given funding costs.

TREE NEWS update: New Jersey Attorney General Jennifer Davenport and acting gaming enforcement chief Mary Jo Flaherty filed a petition asking the U.S. Supreme Court to review their enforcement action against prediction market Kalshi over sports event contracts. The petition cites civil cases from at least 20 state gaming regulators and argues Kalshi may still violate state law despite CFTC compliance. It challenges an April 2-1 ruling by the Third Circuit. Kalshi spokesperson Dani Lever said the company disagrees with the appeal and maintains confidence in the lower court decision.

TREE NEWS reports: The onshore yuan (CNY) closed at 6.7193 per dollar at 03:00 Beijing time, up 9 pips from Tuesday’s night session close. Trading volume reached $36.018 billion.

TREE NEWS reports: Hang Seng Index main continuous contracts rose 0.45% in night trading to 25,367 points. Hang Seng Tech Index main futures gained 0.60% to 4,551 points.

TREE NEWS update: New Jersey’s Attorney General and gaming regulators filed a petition for a writ of certiorari to the US Supreme Court, seeking to block Kalshi from offering sporting event contracts to state residents. The move escalates the state’s legal challenge against the prediction market platform.

TREE NEWS update: US President Donald Trump said the stock market is unaffected and may even be higher than it is now, asserting that stocks will rise. His remarks came amid ongoing market volatility.

TREE NEWS update: US President Trump told tourism executives at the White House on Wednesday that Iran’s regime is collapsing and a new strike on Iran would not last long, saying he is prepared to hit Iran again. He asserted full US control of the Strait of Hormuz, through which millions of barrels of oil pass daily, and expressed hope for lower domestic retail gasoline prices.