TREE NEWS update: President Trump on Friday dismissed the Iran war as a ‘small’ matter for the US, saying it is a military conflict rather than a real war. He agreed with Vice President Vance’s assessment that large-scale combat operations ended months ago, so the current clashes do not constitute a war.
TREE NEWS reports: Bitcoin fell $1,430 within five minutes of the Bureau of Labor Statistics reporting 162,000 August jobs, five times the average of the prior year. Polymarket traders moved a quarter-point September rate increase from 39.5 cents to the majority outcome inside 15 minutes.
TREE NEWS reports: CFTC data for the week ended Sep 1 showed speculators cut net long COMEX gold positions by 10,504 contracts to 140,811, the lowest in four weeks. Net long copper positions hit a five-week low, while net short NYMEX palladium positions reached an 11-week low.
TREE NEWS reports: CFTC data for the week ended Sept. 1 shows speculators increased net long NYMEX WTI crude oil positions by 15,046 contracts to 119,619, a 12-week high. Combined Brent and WTI net longs hit a 15-week high, while net longs in NYMEX gasoline reached a nine-month high.
TREE NEWS reports: US Treasury Secretary Scott Bessent said Friday that once the Iran conflict ends, oil prices could plunge to $40 a barrel, easing recent multi-year highs in bond yields. In an interview with Steve Bannon, Bessent predicted a severe supply glut as new supply comes online, pushing crude possibly to $50 or even $40.
TREE NEWS reports: Speculators reduced net short positions in Chicago Board of Trade US ultra-long Treasury bond futures by 36,734 contracts to 369,311 in the week ended September 1. The data reflects a notable shift in speculative positioning amid ongoing market adjustments.
TREE NEWS reports: The dollar rose 0.26% against the yen in New York trading on Friday, September 4, to 156.22 yen, bringing its weekly decline to 2.41%. The pair traded in a range of 160.39-155.30 yen over the week. Meanwhile, the euro and British pound each fell about 2.18% and 2.56% against the yen for the week.
TREE NEWS reports: The ICE Dollar Index rose 0.26% to 99.165 points at New York close on Friday, September 4, but fell 0.54% for the week. Trading ranged between 99.863 and 98.831 points. The Bloomberg Dollar Index gained 0.07% to 1190.56 points, down 0.68% on the week, within a 1200.13-1188.58 range.
TREE NEWS update: US President Donald Trump said on September 4 that special envoy Steve Witkoff and Jared Kushner will present a plan to Russia to end the Russia-Ukraine conflict. Sources said the two are planning to visit Russia and Ukraine soon.
TREE NEWS update: President Trump said the US may “soon” strike Iran’s Fordow nuclear facility, calling the conflict a military clash rather than a major event. Asked how he would define the current Iran conflict, Trump downplayed its scale.
TREE NEWS reports: The onshore yuan (CNY) closed at 6.7108 per dollar at 03:00 Beijing time, up 70 pips from Thursday’s night session close. Volume reached $35.89 billion.
TREE NEWS reports: The Hang Seng Index main night trading session closed up 0.04% at 25,677 points. The Hang Seng Tech Index main night session fell 0.04% to 4,572 points.
TREE NEWS reports: WTI crude for October delivery settled at $91.48 per barrel on NYMEX. October natural gas futures closed at $2.9750 per million Btu, while gasoline futures settled at $3.2146 per gallon and heating oil at $4.5402 per gallon.
TREE NEWS reports: Shanghai International Energy Exchange crude oil futures for October 2026 contract closed night trading up 1.11% at 690.70 yuan per barrel. Meanwhile, Shanghai gold futures fell 1.32% and silver futures fell 1.46% in night trading.
TREE NEWS update: Brazilian President Luiz Inácio Lula da Silva said that if the United States does not purchase Brazilian products, he will seek other buyers. His remarks signal a potential shift in trade relations amid ongoing tariff tensions. Lula emphasized Brazil’s ability to diversify its export markets.
TREE NEWS update: President Trump announced he will sign an executive order allowing ranchers to process and sell beef directly to consumers, bypassing large meatpackers he accused of monopolizing the industry. He said the administration will simplify health and safety regulations for the meat industry and implement strong safety checks. Trump also said he will sign an order permitting ranchers to protect cattle from Mexican gray wolves.
TREE NEWS reports: The Trump administration is drafting a post-war strategy centered on regional powers to contain Iran and promote Israel’s normalization with neighbors. The plan, in early stages, aims to guide US Middle East policy after an Iran war and through Trump’s final two years. Key constraints include Israel’s October 27 election and November US midterms.
TREE NEWS reports: Speculators raised net long positions in ICE Brent crude oil futures by 37,837 contracts to 261,435 contracts in the week to September 1, marking a 14-week high. Meanwhile, net long Robusta coffee positions fell to a 12-week low, and net short London cocoa positions dropped to a 7-week low.
TREE NEWS reports: Corporate crypto investments are expanding as rising markets favor direct exposure, shifting focus to balance-sheet strategies and institutional adoption. The trend highlights growing corporate confidence in digital assets amid bullish conditions.
TREE NEWS reports: On Friday, September 4, the Federal Reserve’s overnight reverse repurchase agreement (RRP) facility saw usage of $675 million, down from $702 million the previous trading day, with two counterparties participating. The decline reflects continued low demand for the Fed’s liquidity absorption tool.
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