TREE NEWS update: New Zealand Reserve Bank Governor Anna Breman said that a gradual withdrawal of stimulus policy is appropriate. Her remarks signal a cautious approach to tightening monetary conditions as the central bank assesses economic data.
TREE NEWS reports: Among the S&P 500’s 11 sectors, materials rose 1.54%, telecom gained 1.16%, information technology/tech added 0.33%, energy edged up 0.32%, while real estate fell 0.79%.
TREE NEWS reports: The S&P 500 closed preliminarily up 0.4%, with materials and telecom sectors each gaining over 1%, while tech and energy rose about 0.3%. Real estate fell 0.8%. The Nasdaq 100 gained 0.2% preliminarily, led by Alnylam’s 8.4% jump and PayPal’s 4.2% rise, but Palantir and Datadog dropped up to 9.2%.
TREE NEWS reports: At New York close Wednesday (Sept 2), the Bloomberg Grains Subindex fell 0.74% to 35.6390, hovering near 35.40 after a brief rebound post-US equity open. CBOT corn futures dropped 0.64%, wheat 0.99%, soybeans 0.84% to $13.0875/bushel, with soybean meal down 0.91% and oil down 2.33%. Lean hogs rose 0.18%, while live cattle fell 0.97% and feeder cattle 0.13%.
TREE NEWS update: On September 2, US Central Command reported that its naval blockade against Iran has caused 86 commercial vessels to alter course, disabled three ships, and led to the boarding and inspection of two vessels as of that day.
TREE NEWS update: Iran’s Persian Gulf Maritime Authority updated its list of ‘violating vessels’ on Tuesday, adding 11 ships and bringing the total to 57. The authority said these vessels failed to comply with navigation rules in the Strait of Hormuz. Listed ships may face fines, seizure, or cargo confiscation when passing through the strait.
TREE NEWS update: US Trade Representative Jamieson Greer said Brazil and Paraguay would be best positioned to supply beef to the US market. The remark, reported by Politico, signals potential shifts in US agricultural trade policy. No further details were provided.
TREE NEWS reports: US 2-year Treasury yield fell 2.48 basis points to 4.731% on Wednesday, dipping to a daily low of 4.3586% at 20:21 Beijing time. The 10-year yield dropped 1 bp to 4.7881%, while the 30-year yield slipped 1.27 bps to 5.2603%. The move followed a V-shaped reversal around the ADP employment report.
TREE NEWS update: President Donald Trump said he is “glad” that Prince Harry and Meghan Markle plan to leave the United States, mocking the couple as they prepare to settle in the UK. Trump’s remarks came as the Sussexes announced their move back to Britain.
TREE NEWS update: The Canadian government led by Prime Minister Mark Carney will extend the suspension of the fuel excise tax until January 31, 2027, as the Iran war drives up energy costs. Finance Minister François-Philippe Champagne announced in Ottawa that the tax will be halved from February 1 to March 31, then return to full rates on April 1.
TREE NEWS reports: The yen gained ground in New York trading on Wednesday, with the dollar falling 0.78% to 158.92 yen, after touching a low of 158.22 and a high of 160.39. The euro and pound also weakened against the yen, down 0.84% and 1.01% respectively. Meanwhile, the dollar edged up 0.19% against the Swiss franc.
TREE NEWS reports: The ICE Dollar Index fell 0.09% to 99.588 points at New York close on Wednesday (Sept 2), trading in a range of 99.863-99.436. A notable decline occurred at 21:19 Beijing time. The Bloomberg Dollar Index dropped 0.17% to 1196.52, ranging between 1200.13 and 1195.36.
TREE NEWS update: US Energy Secretary Chris Wright said the Trump administration is negotiating a Venezuela-related agreement with “extreme care.” He made the remarks without specifying details of the talks. The statement signals a cautious approach to potential energy or sanctions arrangements with Venezuela.
TREE NEWS reports: The onshore yuan (CNY) closed at 6.7193 per dollar at 03:00 Beijing time, up 9 pips from Tuesday’s night session close. Trading volume reached $36.018 billion.
TREE NEWS reports: Hang Seng Index main continuous contracts rose 0.45% in night trading to 25,367 points. Hang Seng Tech Index main futures gained 0.60% to 4,551 points.
TREE NEWS update: US President Donald Trump said the stock market is unaffected and may even be higher than it is now, asserting that stocks will rise. His remarks came amid ongoing market volatility.
TREE NEWS update: US President Trump told tourism executives at the White House on Wednesday that Iran’s regime is collapsing and a new strike on Iran would not last long, saying he is prepared to hit Iran again. He asserted full US control of the Strait of Hormuz, through which millions of barrels of oil pass daily, and expressed hope for lower domestic retail gasoline prices.
TREE NEWS update: US President Donald Trump stated that Venezuela is not prepared to hold elections, citing a lack of readiness regarding the election date. The remarks underscore ongoing US skepticism about the electoral process in the country.
TREE NEWS reports: WTI October crude futures rose $0.79, or over 0.87%, to settle at $91.01 per barrel. Abu Dhabi Murban crude edged up 0.10% to $106.26. NYMEX October natural gas settled at $2.9560 per MMBtu, gasoline at $3.1038 per gallon, and heating oil at $4.6822 per gallon.
TREE NEWS reports: Shanghai crude oil futures for October 2026 contract rose 2.57% in the night session, closing at 694.70 yuan per barrel. Meanwhile, Shanghai gold gained 0.86% and silver rose 1.06% in the night session.
Subscribe to get important Web3 & AI updates from the TREE NEWS desk by email — free.