TREE NEWS reports: The UK’s RICS house price balance rose to -28 in the three months to August, beating expectations of -30 and improving from July’s -30. The survey indicates a slight easing in the pace of house price declines across the country, though the market remains subdued.
TREE NEWS reports: Chinese public fund firms are sticking to contrarian positioning, maintaining new fund launches despite market corrections. Over 100 funds have been launched monthly since H2. Newly established funds since July have built positions quickly at relatively low levels, with some returning over 10%. Firms see structural opportunities and favor balanced allocation amid rapid rotation.
TREE NEWS reports: Chinese agriculture, grain, and livestock-focused ETFs have collectively surged up to over 20% since July, driven by weather events and capital rotation from high-valued sectors. Fund managers are rapidly expanding agricultural-themed products to capture inflows, as these previously cold sectors gain market attention amid volatile trading.
TREE NEWS reports: Since September, China’s domestic urea market has seen a rare sharp rally. Data from SunSirs shows the benchmark price hit 1,822.50 yuan/ton on Sept 9, up 107.5 yuan from 1,715 yuan at the start of the month, a 6.27% gain. On Sept 7, mainstream small-particle urea ex-factory quotes rose 50-150 yuan/ton in a single day. The spot surge lifted A-share fertilizer stocks, with several hitting daily limits on Sept 8.
TREE NEWS update: China’s securities regulator issued guidelines in late August supporting listed property developers in raising funds via targeted share placements and using targeted convertible bonds to acquire property assets. Industry insiders say these bonds, offering debt-floor protection with equity upside, may see broader application in real estate M&A. Twelve such bonds have been disclosed this year, up from last year, signaling expansion capacity.
TREE NEWS reports: As of September 9, several Chinese brokerages including Huafu Securities, Western Securities, Caitong Securities and Tianfeng Securities have held autumn strategy meetings, expressing a positive view on domestic capital markets amid external uncertainties. Their investment focus has shifted from a single tech theme to diversified allocation, with increased attention on consumer and property-related sectors.
TREE NEWS update: The 27th China International Optoelectronic Expo (CIOE) opened September 9 at Shenzhen World Exhibition & Convention Center, drawing packed booths across the optical communications chain. Industry insiders say global AI computing infrastructure expansion will accelerate optical communications growth, with CPO, NPO, and OCS technologies iterating faster than expected, sustaining high demand for upstream fiber, PCB, and MLCC components.
TREE NEWS update: The European Central Bank announces its rate decision at 20:15 Beijing time, followed by President Lagarde’s press conference at 20:45. US August PPI and jobless claims data hit at 20:30, with existing home sales at 22:00. TSMC reports August sales at 13:30, and Turkey’s central bank decides rates at 19:00.
TREE NEWS update: China’s National Development and Reform Commission (NDRC) held its third high-level meeting in two weeks on major infrastructure projects under the ‘six networks’ initiative, led by Deputy Director Yue Xiuwu. The meeting emphasized strengthening land, sea, and environmental impact assessment support to accelerate project implementation. Experts say the second half of the year should shift focus from planning to tangible construction output to boost supply chain demand.
TREE NEWS reports: Amid rising global bond yields, including US Treasuries, and reduced A-share turnover, experts say liquidity remains healthy. Long-term factors such as China’s economic and policy stability, tech innovation, and global recognition of Chinese asset safety will strengthen A-shares’ independent pricing.
TREE NEWS reports: Canada will showcase a prospectus of 167 projects worth hundreds of billions of dollars—spanning data centers, advanced manufacturing, LNG, ports, and dozens of mines—to top global institutional investors at a summit hosted by Prime Minister Mark Carney next week at Toronto’s Four Seasons Hotel. About one-third of the booklet covers mining projects, with another large section on clean energy firms focused on carbon capture and hydrogen, plus a chapter on power and utilities including nuclear.
TREE NEWS update: Brazilian President Luiz Inácio Lula da Silva has reduced fuel taxes ahead of the upcoming election. The move lowers levies on gasoline and ethanol in a bid to ease consumer prices. The tax cut takes effect immediately and is seen as a measure to bolster support among voters.
TREE NEWS reports: Support for Canada’s retaliatory tariffs on the U.S. has reached an all-time high. Of over 1,000 respondents, 75% strongly back the tariffs, with 10% somewhat in favor. Despite concerns, 38% are willing to pay higher prices for everyday goods, and 31% somewhat accept increases.
TREE NEWS update: Iran said it struck two US warships and eight oil tankers in retaliation for US attacks on its vessels, a claim Washington denied. Meanwhile, President Trump predicted the conflict would end after November’s midterm elections. The EIA raised its oil price forecasts for this year and next due to global inventory drawdowns from the conflict.
TREE NEWS update: US Energy Secretary Chris Wright said Venezuela’s oil production will double by the end of 2027. He added that companies will announce more agreements related to Venezuela.
TREE NEWS update: US Energy Secretary Wright said oil moving through the Strait of Hormuz is slightly below 11 million barrels per day, with pipeline shipments from the Persian Gulf region at 3-5 million bpd. The remarks highlight the critical chokepoint’s role in global supply.
TREE NEWS update: US Secretary of State Marco Rubio said he currently has no plans to run for president in 2028, but did not rule out a future candidacy. His remarks come amid speculation about his political ambitions.
TREE NEWS reports: Brent crude oil surged 4.0% intraday to $101.85 per barrel. The sharp move reflects heightened market volatility amid ongoing geopolitical tensions and supply concerns.
TREE NEWS update: Iranian state media IRNA reported that Sirik was hit by enemy fire. The attack on the coastal town in Hormozgan province marks an escalation, though details remain scarce. No further information was immediately available.
TREE NEWS reports: MSCI’s emerging markets stock index rose 0.2% and its foreign exchange index gained 0.1%. The modest moves reflect a quiet session for emerging market assets.