Flash News

TREE NEWS update: The Saudi-led coalition said Yemen’s Houthi group attacked the southern Saudi cities of Khamis Mushait, Abha and Jizan with ballistic missiles and drones on September 9. The Houthis earlier reported dozens of Saudi airstrikes on areas in Yemen’s Marib, Al Jawf and Taiz provinces.

TREE NEWS update: On September 9, US President Trump said he had a good conversation with Russian President Putin and may hold a bilateral meeting. The statement was reported by Chinese state media CCTV.

TREE NEWS reports: The onshore yuan (CNY) closed at 6.7071 per dollar at 03:00 Beijing time, up 32 pips from Tuesday’s night session close. Trading volume reached $39.747 billion.

TREE NEWS reports: Hang Seng Index main contract night session closed down 0.89% at 24,982 points. Hang Seng Tech Index main contract also fell 1.09% to 4,375 points.

TREE NEWS update: Donald Trump said the Iran war will end after the election. The statement was made without providing further details. The remark comes amid ongoing conflict in the region.

TREE NEWS update: President Donald Trump said he wants to reach a deal with Russian President Vladimir Putin, following a conversation between the two leaders. Trump’s remarks signal a potential shift toward diplomatic engagement.

TREE NEWS reports: WTI crude for October delivery settled at $96.05 per barrel on NYMEX. October natural gas settled at $2.8220 per million Btu, while October gasoline settled at $3.2106 per gallon and heating oil at $4.8010 per gallon.

TREE NEWS reports: Shanghai International Energy Exchange crude oil futures for October 2610 contract closed up 7% in the night session at 773.10 yuan per barrel. Shanghai gold futures rose 0.62%, while silver futures gained 2.4%.

TREE NEWS update: President Trump commented on gasoline prices, asserting that Iran must not be allowed to possess nuclear weapons. His remarks tie energy costs to geopolitical concerns over Tehran’s nuclear program, signaling potential policy implications for oil markets and regional stability.

TREE NEWS update: The Saudi-led coalition in Yemen said Wednesday that Houthi forces struck the Saudi cities of Khamis Mushait, Abha and Jizan with ballistic missiles and drones. The attacks mark an escalation in the ongoing conflict. No immediate casualties were reported.

TREE NEWS update: Russian oil company Lukoil has commenced oil production at the Komandirshorskoye field. The company announced the start of operations at the site, marking a new phase of development. Further details on production volumes were not disclosed.

TREE NEWS reports: Deutsche Bank strategist Steven Zeng said the U.S. Treasury tripled its bond buyback size from initial plans, yet markets still treated it as disappointing because it lacked a ‘shock-and-awe’ element investors wanted. He suggested the Treasury may eventually buy more, noting its FAQ says final buyback announcements typically replace preliminary ones on operation days.

TREE NEWS update: European Central Bank Governing Council member and Bundesbank President Joachim Nagel said AI will become the “touchstone” for Europe’s future. His remarks highlight the growing importance of artificial intelligence for the region’s economic competitiveness and policy agenda.

TREE NEWS update: Ukraine has attacked a natural gas facility in Russia’s Yamal-Nenets region. The strike targets energy infrastructure amid ongoing hostilities, escalating tensions in the region. Details on the extent of damage remain limited.

TREE NEWS update: Mexico’s government has slashed financial support for state oil company Pemex by 70% in its latest budget proposal. The move marks a significant reduction in state aid to the heavily indebted firm. Details of the revised budget were released without further elaboration.

TREE NEWS update: Copper futures on both the New York and London exchanges reached all-time highs on the same day, marking a historic milestone for the industrial metal. The simultaneous record-setting rallies reflect strong demand and tight supply conditions in global markets. Traders are closely monitoring further price movements as copper remains a key barometer for economic health.

TREE NEWS reports: The Federal Reserve’s overnight reverse repurchase agreement (RRP) facility saw usage of $432 million on Wednesday, Sept 9, down from $626 million the previous trading day. The number of counterparties stood at six.

TREE NEWS update: Russia has struck the cargo hub at Ukraine’s Mykolaiv Port. The attack targets key port infrastructure amid ongoing hostilities. Details on casualties or damage remain unclear.

TREE NEWS reports: International copper rose 0.81% in night trading, while Shanghai copper gained 0.71%, zinc 1.22%, nickel 1.04%, and tin 1.53%. Shanghai aluminum added 0.37%, but lead fell 0.34%. Alumina dropped 0.72%, while aluminum alloy and stainless steel rose 0.36% and 0.44% respectively.

TREE NEWS reports: Bitcoin reached $79,701.36 overnight but round-tripped the move by midday in New York, leaving it flat over 24 hours. Ninety-three of the 123 largest non-stablecoin tokens are lower. Zcash holds a 56.3% weekly gain after DCG exchanged 85,705 ZEC for about $100 million of Grayscale’s ETF.