Flash News

TREE NEWS reports: The US 2-year Treasury yield rose to a session high of 4.39% today. The move reflects ongoing market adjustments to interest rate expectations.

TREE NEWS update: Bank of England Governor Andrew Bailey said the UK is not on the brink of a recession, citing slightly stronger-than-expected latest data. Economic activity remains resilient but weak by historical standards.

TREE NEWS update: Bank of England Governor Andrew Bailey said the UK is not on the brink of a recession, citing slightly stronger-than-expected latest data. He noted economic activity has remained quite resilient, though still weak by historical standards. His comments come amid ongoing concerns about the UK’s growth prospects.

TREE NEWS update: Israeli Foreign Minister Gideon Sa’ar said that Britain’s action leaves Israel with no choice but to respond. His statement follows recent UK measures regarding Israel, escalating diplomatic tensions between the two countries.

TREE NEWS update: Russian President Vladimir Putin and US President Donald Trump held a phone call, the Kremlin said. Putin informed Trump of measures Moscow says could help end the conflict with Ukraine earlier, and briefed him on Russia’s assessment of the current battlefield situation.

TREE NEWS reports: Wells Fargo analysts led by Ohsung Kwon said the Federal Reserve historically acts only when market pricing for a rate move exceeds 69%, based on data since 2015. Friday’s CPI report will likely determine the central bank’s decision next week. The probability has never fallen between 38% and 69% during this period.

TREE NEWS reports: US stocks fell on Thursday, with the S&P 500 down 0.5% to a fresh daily low, the Nasdaq 100 down 0.4%, and the Dow dropping 650 points, or 1.2%. Semiconductor index trimmed gains to 1.1%.

TREE NEWS update: Jingli Magnet, a supplier of neodymium-iron-boron magnets to Tesla, responded on Sept. 8 to Elon Musk’s claim of achieving a ‘zero-rare-earth’ motor for the Cybercab. In an investor relations record, the company stated that high-performance rare-earth permanent magnets remain the irreplaceable mainstream core material route for high-end applications like EV drive motors and robots, after decades of validation.

TREE NEWS update: The US Treasury announced new sanctions against Iran on [date]. The measures target [specific targets if known], expanding Washington’s pressure campaign over Tehran’s nuclear program and regional activities. No further details were provided.

TREE NEWS reports: Goldman Sachs has brought forward its expectation for a Reserve Bank of Australia rate hike to September from November. The revision signals the bank’s view that the RBA may act sooner than previously anticipated.

TREE NEWS update: The Five-hundred-meter Aperture Spherical radio Telescope (FAST), led by Jiang Peng’s team at the National Astronomical Observatories, has released the second data release (DR2) of its neutral hydrogen survey, creating the world’s largest sample of neutral hydrogen galaxies. The findings were published in an academic journal on September 8.

TREE NEWS update: Tesla China announced on Sept 7 a limited-time incentive for existing inventory vehicles, offering 5,000 yuan cash rebate on Model 3 and 10,000 yuan on Model Y for orders placed and delivered before Sept 30, stackable with 0% interest for 5 years. The company says the starting prices are at post-facelift lows, and it’s the richest period of combined benefits. Experts see this as supply-demand adjustment, not a price war.

TREE NEWS reports: The secured overnight financing rate (SOFR) fell to 3.65% on September 4, the day of the nonfarm payrolls release, from 3.66% the previous day. The effective federal funds rate held steady at 3.63% for the same period.

TREE NEWS reports: Cerberus is close to acquiring Goodwin’s defense unit for approximately £1 billion. The deal, if completed, would mark a significant consolidation in the defense sector. Further details were not disclosed.

TREE NEWS reports: The Dow Jones Industrial Average extended losses to more than 1% in trading. The decline reflects broad market weakness, with investors weighing economic data and corporate earnings. The move adds to recent volatility in US equities.

TREE NEWS reports: US stocks opened mixed on [date not specified]. The S&P 500 slipped 0.01% to 7,717.81, while the Dow Jones Industrial Average fell 0.57% to 53,110.45. In contrast, the Nasdaq Composite gained 0.08% to 26,528.57, reflecting divergent tech performance.

TREE NEWS reports: Bank of England Governor Andrew Bailey warned that a US-Iran conflict could lead to further increases in energy prices. Speaking on the potential economic impact, he highlighted the risk to inflation. The remarks come amid heightened geopolitical tensions in the Middle East.

TREE NEWS update: Indian Prime Minister Narendra Modi said fintech is crucial for India to achieve its goal of becoming a developed nation. He emphasized the sector’s role in driving financial inclusion and economic growth.

TREE NEWS reports: Pork prices in China rose for a fourth consecutive week, with wholesale prices at Beijing’s Xinfadi market reaching 14 yuan per kg on Sept 8, up 12% from Aug 1. Analysts attribute the rise to cooling weather boosting demand and lower breeding sow inventories, but expect limited further gains.

TREE NEWS update: Iran’s army air defense forces shot down a US MQ-1 drone over the Strait of Hormuz on Thursday. The incident marks an escalation in regional tensions. No further details were immediately available.