Flash News

TREE NEWS reports: German exports unexpectedly fell 0.8% in July from the previous month, marking the first decline since January and ending a five-month growth streak. The drop, driven by reduced shipments to EU countries, dashed hopes for a rapid recovery in Europe’s largest economy. Despite this, the Bundesbank president still expects 1% growth this year, double the previous forecast.

TREE NEWS update: Japan’s Nikkei 225 index closed 1.7% lower at 65,269.33 points, while the broader Topix index fell 1.8% to 4,050.33 points. The declines reflect a broad sell-off in Japanese equities.

TREE NEWS update: China’s Ministry of Commerce has added 84 national key foreign-funded projects, including six landmark ones such as AstraZeneca’s global R&D center and Fujian Benz Phase II. Total investment reaches $19.46 billion, announced at the 26th China International Fair for Investment and Trade.

TREE NEWS update: Methanol futures on the Zhengzhou Commodity Exchange hit their daily limit-up on [date], trading at 3359 yuan per tonne. The surge reflects strong market sentiment amid tight supply conditions. Traders are monitoring follow-through buying as the contract remains at its upper price band.

TREE NEWS update: ASML has secured commitments from TSMC and Samsung to use its next-generation EUV lithography machines. The deals, reported by Bloomberg, cement ASML’s high-NA EUV technology as the industry standard for advanced chipmaking. Financial terms were not disclosed.

TREE NEWS update: ASML and TSMC announced a joint industry initiative to drive the transition to 12-inch photomasks, maximizing the value of High NA EUV lithography. The initiative aims to establish a pilot production line for 12-inch photomasks by 2031 and achieve full lithography readiness for advanced nodes by 2033. Multiple High NA EUV adopters and key suppliers have expressed intent to join.

TREE NEWS reports: Crude oil futures on the Shanghai International Energy Exchange surged 5% to 723 yuan per barrel, marking a sharp intraday gain. The move reflects heightened market volatility amid supply concerns. Traders are monitoring geopolitical developments and OPEC+ policy for further direction.

TREE NEWS update: Yemen’s Houthi spokesman said the group will announce extensive military operations deep inside Saudi territory. The statement signals an escalation in cross-border attacks amid ongoing regional tensions.

TREE NEWS update: The 26th China International Fair for Investment and Trade (CIFIT) opened today at the Xiamen International Convention and Exhibition Center, hosting delegates from 129 countries and regions for four days of investment talks. For the first time, the fair features a dedicated zone for CIPS, the Cross-Border Interbank Payment System, underscoring the event’s focus on global investment and development.

TREE NEWS reports: Germany’s seasonally adjusted imports dropped 5.7% in July from the previous month, following a revised 4.4% increase in June. The decline suggests softening domestic demand in Europe’s largest economy.

TREE NEWS update: Hong Kong Exchanges and Clearing CEO Bonnie Chan said international investors are increasingly diversifying into China’s market, citing its more certain growth potential, leading to a historic revaluation of Chinese assets. HKEX will build a multi-asset ecosystem under four strategies to bridge China and the world.

TREE NEWS reports: WTI crude oil gained 2% intraday to $93.31 per barrel, while Brent crude rose 1% to break above $98, trading at $98.07 per barrel. The moves come amid ongoing supply concerns in the energy market.

TREE NEWS update: Saudi Arabia reported an attack on energy facilities in its southern region. The statement did not specify the exact location or extent of damage. The incident raises concerns over regional stability and potential impacts on oil markets.

TREE NEWS update: China’s passenger car association (CPCA) reported that retail sales of new energy passenger vehicles in August totaled 1.005 million units, a year-on-year decline of 10.1%. The data, released by the China Passenger Car Association, marks the first drop in NEV sales after months of growth.

TREE NEWS reports: China’s narrow passenger car retail sales fell 23.6% year-on-year in August but rose 5.5% from July. The figures reflect a continued downturn in the world’s largest auto market amid weak consumer demand.

TREE NEWS reports: Japan’s August Economy Watchers current index rose to 46.4, beating the forecast of 46.2 and up from the previous 45.7. The index remains below the 50 threshold, indicating continued economic contraction as perceived by workers in service industries.

TREE NEWS update: The Macau SAR government announced the establishment of a “Civil Aviation Development Working Group” to advance aviation market liberalization and build Macau into an international air transport hub on the west bank of the Pearl River. Led by the Secretary for Transport and Public Works, the group will enhance cross-departmental coordination and implement policies for high-quality development of the civil aviation sector, including research on commercial air passenger transport licenses.

TREE NEWS reports: The Federal Reserve is in a blackout period ahead of its September 15-16 FOMC meeting, and the European Central Bank is silent before its September 10 rate decision. Today’s schedule includes Germany’s July trade data at 14:00, RBA Deputy Governor Andrew Hauser speaking at 17:30, and BOE Governor Bailey and MPC members testifying to parliament at 21:15. US August NY Fed inflation expectations and July consumer credit are due later.

TREE NEWS reports: LME three-month copper hit a record high intraday, while China’s August exports rose 25% year-on-year in dollar terms and imports grew 28.2%. Hong Kong’s Hang Seng fell 0.3%, with the tech index down 1.1% and Zhipu sliding nearly 10%. Japan’s nominal wages posted the biggest gain since 1997.

TREE NEWS reports: Nomura warns that AI-driven US growth is boosting inflation and trade deficits, and heavy borrowing by cloud firms is lifting Treasury yields. US net capital inflows and AI-linked stock gains have pushed its net international investment liability to about 80% of all net creditor nations’ combined net assets. If AI stumbles, high US stock valuations and weak fundamentals could trigger a major correction and global risk-off, driving dollar depreciation.