Flash News

TREE NEWS update: The World Meteorological Organization confirmed on Sept 3 that an El Nino event has developed and is expected to intensify into a super El Nino within months. China’s National Climate Center forecasts above-normal autumn rainfall for most areas south of the Yangtze, with notably higher precipitation in Jiangnan and eastern Southwest China, raising the probability of extreme rainfall events. Temperatures are also expected to be significantly higher in eastern Southwest China and South China, with episodic heatwaves continuing through September.

TREE NEWS update: Ukraine’s SBU headquarters in Kyiv was struck by a Russian drone on April 4, President Zelensky said. Citing security concerns, US envoy Witkoff, planning to visit Russia and Ukraine, is considering alternatives as Ukrainian airspace remains closed, potentially altering his trip.

TREE NEWS reports: BlackRock portfolio manager Jeff Rosenberg said Friday’s strong US August jobs growth underscores the importance of next week’s consumer price index. He noted the data validates their labor market view and refocuses attention on inflation. Whether the Fed hikes in September depends on CPI progress, with inaction likely if the September 11 report shows improvement.

TREE NEWS update: Europe is the fastest-warming continent on Earth. Deputy Director Samantha Burgess told CCTV that climate change is acting as a ‘risk amplifier’ for extreme weather, as this summer brought heatwaves, droughts, low river levels and heightened wildfire risk across the region.

TREE NEWS reports: Bitcoin erased some gains and the Dow fell 226 points after August payrolls tripled estimates, pushing September rate-hike odds to 58%. The stronger labor market revives expectations for Federal Reserve tightening, pressuring risk assets.

TREE NEWS update: Pakistan’s military said on Tuesday that security forces killed 48 militants during counter-terrorism operations across southwestern Balochistan province over the past three days. In Mastung, six militants were killed and ammunition and improvised explosive devices were seized. In Quetta, 26 militants died at four hideouts, while 14 were killed in Kharan and two in Sibi, where an attack on a police station was foiled.

TREE NEWS update: Fujian province, with the Export-Import Bank of China’s Fujian branch, deployed its first batch of 500 million yuan in new policy financial instruments to support four private investment projects in transport, digital economy, and green low-carbon sectors, including port construction and recycling fiber projects. The move is expected to drive 5.6 billion yuan in investment.

TREE NEWS reports: Synthetic rubber futures closed up about 5.1% in the night session, while iron ore rose 1.5% and PVC gained 0.6%. Meanwhile, asphalt fell 0.6% and fuel oil dropped 2%.

TREE NEWS update: The Federal Reserve Board announced the termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp. The actions were lifted as of the announcement date. Specific terms of the original enforcement actions were not disclosed.

TREE NEWS update: Brazilian President Luiz Inácio Lula da Silva stated that people cannot lose faith in institutions. His remarks come amid ongoing political tensions in the country. Lula emphasized the importance of institutional trust for democratic stability.

TREE NEWS update: White House Council of Economic Advisers Chair Chris Ferran said the manufacturing boom, driven by nonresidential construction, is real and reflected in data. Capital expenditure and employment figures both corroborate the trend, he stated, underscoring the sector’s resilience.

TREE NEWS update: The 32nd APEC Small and Medium Enterprises Ministerial Meeting concluded in Guangzhou on July 4, issuing the Chairman’s Statement and the Guangzhou Initiative on SME Innovation and Resilient Development. The meeting focused on fostering innovation and resilience among SMEs in the Asia-Pacific region.

TREE NEWS reports: BlackRock portfolio manager Jeff Rosenberg said Friday that August US job growth significantly exceeded expectations, highlighting the importance of next week’s consumer price index (CPI) data. The Fed is weighing rate hikes based on this data. Rosenberg noted that if the September 11 CPI report shows continued improvement, he expects the Fed to hold rates steady.

TREE NEWS update: The 2026 IFA consumer electronics show opened in Berlin on March 4, with robotics and artificial intelligence taking center stage as the key themes of this year’s event.

TREE NEWS reports: Citigroup sharply delayed its forecast for Federal Reserve rate cuts, now expecting 25-basis-point cuts in June, September, and December 2027, versus its previous call for cuts in October and December 2026 and January 2027. The adjustment suggests Citi sees no near-term easing, following its earlier hawkish-driven delays.

TREE NEWS reports: The UN Food and Agriculture Organization reported on September 4 that the global food price index averaged 133.3 points in August, up 1.9% month-on-month and 2.5% year-on-year.

TREE NEWS update: Middle East shipping prices have jumped sharply since late July, with a 40-foot container from Shanghai to Dammam rising from around $6,600 to over $10,000, a gain exceeding 50%. The surge is driven by geopolitical tensions blocking the Strait of Hormuz and Bab-el-Mandeb, prompting carriers to reduce capacity and reroute, alongside higher fuel costs and port congestion.

TREE NEWS reports: Global DRAM market revenue reached $147.024 billion in Q2 2026, up 55.9% quarter-over-quarter, a record high. Server DRAM and HBM sales surged on strong server demand, with ASP growth slowing from triple-digit to 40-50% in Q2. Prices remained firm, driving volume and price gains. Q3 ASP is expected to rise further but at a slower pace as long-term price caps lock in.

TREE NEWS reports: The secured overnight financing rate (SOFR) held at 3.66% on September 3, unchanged from the previous day. The effective federal funds rate also remained steady at 3.63%.

TREE NEWS update: White House economic adviser Kevin Hassett said he spoke with President Donald Trump last night, and that Trump did not offer advice to the Federal Reserve. Hassett’s remarks come amid ongoing speculation about White House pressure on the central bank’s monetary policy.