Real-Time Financial News | 24/7 Market Updates

2025-09-13 Saturday

2025-09-19

02:00:47

Mexico's antitrust regulator noted that MercadoLibre and Amazon gave higher visibility to products of sellers who contracted the platforms for logistics services.

02:00:42

Kalshi will implement several rounds of financing, and its valuation will double to $5 billion.

02:00:42

Polymarket raised funding at a valuation that at least tripled.

02:00:38

The chief economist of the Central Bank of Peru expects the country's GDP growth rate to be around 3% in the third quarter.

02:00:36

The United States, Saudi Arabia, the United Arab Emirates and Egypt called on Sudan to reach a three-month humanitarian ceasefire followed by a permanent truce.

02:00:33

AstraZeneca has suspended a $271 million investment in its research and development facilities in the UK.

02:00:30

ECB Governing Council member Joachim Nagel said further cuts in borrowing costs could jeopardize the ECB's medium-term inflation target of 2%. The German central bank president said the deposit rate was kept unchanged on Thursday because the ECB's new forecasts showed price growth was "broadly" in line with the target. He also said that "further rate cuts could jeopardize this goal."

02:00:28

Union Pacific's CEO discussed the company's proposed acquisition of Norfolk Southern with President Trump as the company seeks regulatory approval for the deal. The CEO said senior administration officials understand the merits of the company's proposal and consider it a victory for the country. The $72 billion deal will be reviewed by the U.S. Surface Transportation Board, which requires railroad mergers to demonstrate that they serve the public interest and promote competition.

02:00:25

Speculators on the Intercontinental Exchange (ICE) Brent crude oil market reduced their net long position by 41,476 contracts to 209,578 contracts in the week ended September 9.

02:00:22

Speculators in Intercontinental Exchange (ICE) diesel futures increased their net long position by 8,965 contracts to 107,376 contracts in the week ended September 9.

02:00:20

GEMINI was suspended due to significant stock price fluctuations.

01:55:36

[Pfizer and Moderna shares fall as U.S. health officials link child deaths to COVID-19 vaccines] Shares of Pfizer and Moderna fell on Friday after Trump administration health officials planned to link the COVID-19 vaccine to the deaths of 25 children. U.S. health officials plan to include this statement in a report to be submitted next week to a key vaccine panel that will advise the Centers for Disease Control and Prevention. The committee plays a key role in determining vaccine access as it reviews immunization data and makes recommendations on who is eligible for the vaccine and whether insurance companies should cover them. A spokesperson for the U.S. Department of Health and Human Services said in a statement: "FDA and CDC staff regularly analyze VAERS and other safety surveillance data and share these review results publicly through established ACIP procedures." The spokesperson added: "Any speculation should be considered pure speculation until it is made public." Pfizer's stock price fell more than 3% during trading on Friday, while Moderna's stock price fell more than 7%. Novavax, which produces a protein-based COVID-19 vaccine, saw its stock price fall more than 4%.

01:52:47

The China Earthquake Networks Center officially determined that a magnitude 4.0 earthquake occurred at 01:36 on September 13 in Tashkurgan County, Kashgar Prefecture, Xinjiang (36.99 degrees north latitude, 75.64 degrees east longitude), with a focal depth of 10 kilometers.

01:52:35

Speculators in Intercontinental Exchange (ICE) diesel futures increased their net long position by 8,965 contracts to 107,376 contracts in the week ended September 9.

01:52:24

Speculators on the Intercontinental Exchange (ICE) Brent crude oil futures market cut their net long position by 41,476 contracts to 209,578 in the week ended September 9.

01:51:51

[USDA: U.S. corn harvest area to reach highest level since 1933 in 2025] (1) The U.S. Department of Agriculture said on Friday that the U.S. corn harvest area in 2025 will reach the highest level since 1933, and the production forecast has been raised to a record 16.814 billion bushels. Although the yield is expected to be 186.7 bushels per acre (down from 188.8 bushels in August), both the production and yield are higher than analysts expected. At the same time, the total soybean production is expected to rise to 4.301 billion bushels due to the increase in harvest area. (2) Due to the increase in corn production, the Chicago Board of Trade corn benchmark price (Cv1) came under pressure. Susan Stroud, founder of NoBullAgriculture, pointed out that the USDA's reduction in corn yield is irrelevant. The key is that the planting area exceeded expectations. (3) The USDA forecasts that U.S. corn stocks at the end of the 2025/26 marketing year will be 2.11 billion bushels, slightly lower than last month's forecast (because record exports will absorb more corn), but the supply outlook remains the highest since the 2018/19 season. At the same time, it raised its soybean ending stocks by 10 million bushels, having previously lowered its soybean export forecast to the lowest level since the U.S.-China trade war during the Trump administration. (4) A large corn harvest will benefit livestock producers and ethanol manufacturers, but grain farmers face low crop prices and rising input costs. U.S. crop cash income is expected to decline for three consecutive years and will fall to the lowest level since 2007 after adjusting for inflation. In addition, due to the renewed U.S.-China trade dispute, U.S. soybean exports to China have been hindered, and China has not yet placed orders for new crops.

01:49:11

[USDA: Slaughter rates slow, beef will remain scarce and expensive until 2026] The USDA pointed out in its September WASDE report that beef will remain scarce and expensive until 2026 due to the slowdown in slaughter rates. Beef production is expected to be 25.49 billion pounds in 2026, basically the same as the August forecast, and lower than the downwardly revised forecast of 25.83 billion pounds for 2025. The 2026 steer price forecast rose from $2.44 per pound to $2.49. Pork production in 2026 remained at 28.38 billion pounds, higher than the downwardly revised forecast of 27.57 billion pounds for 2025. The 2026 steer and sow price forecast remained at 66 cents per pound. Livestock futures prices were basically flat, with live cattle futures down 0.8% and lean hog futures down 1.2%.

01:47:36

Union Pacific CEO Discusses $72 Billion Rail Deal with Trump: Union Pacific's CEO discussed the company's proposed acquisition of Norfolk Southern with President Trump as the company seeks regulatory approval for the deal. The CEO said senior administration officials understand the value of the company's proposal and consider it a victory for the country. The deal will be reviewed by the U.S. Surface Transportation Board, which requires rail mergers to demonstrate that the transaction is in the public interest and promotes competition.

01:46:37

Chief Economist of the Central Bank of Peru: GDP growth in the third quarter is expected to be around 3%.

01:44:33

AstraZeneca suspends $271 million investment in UK research and development facilities.

01:44:18

ECB's Nagel says further rate cuts could jeopardize price stability: ECB Governing Council member Joachim Nagel said further cuts in borrowing costs could jeopardize the ECB's medium-term inflation target of 2%. The Bundesbank president said Thursday's decision to keep the deposit rate unchanged was because the ECB's new forecasts showed price growth was "broadly" in line with the target. "Further rate cuts could jeopardize that goal," he said.

01:39:18

Canadian stocks fell slightly on profit-taking. Despite an increased likelihood of a Federal Reserve rate cut next week, Canadian stocks remained in negative territory on Friday. After hitting record highs in the previous few sessions, the Canadian stock market is currently undergoing a brief correction. Technology, consumer discretionary, consumer staples, and industrial stocks were the main losers. Energy stocks received some support from rising oil prices, while other sectors were mixed. Shortly after midday, the benchmark S&P/TSX Composite Index fell 124.29 points, or 0.42%, to 29,283.60. U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) data released earlier this week further reinforced market expectations of a rate cut by the Federal Reserve at its upcoming meeting on September 16-17. Recent Canadian inflation data also raises the possibility of a rate cut by the Bank of Canada, which is scheduled to announce its monetary policy on Wednesday, September 17.

01:37:17

[USDA raises its forecast for U.S. corn and soybean planting area] The U.S. Department of Agriculture raised its forecast for U.S. corn production in 2025 to a record 16.8 billion bushels in its monthly report on Friday, reflecting an increase in its assessment of harvested area. The agency also lowered its forecast for average corn yield, which was in line with most analysts' expectations.

01:36:09

[After the release of the USDA report, Euronext wheat futures were stable] (1) After the USDA released its global supply and demand report, Euronext wheat futures were stable. December milling wheat futures closed up 0.1% at €189.75 per ton, having approached the contract low the previous day. (2) The report showed ample global wheat supply and an increase in expectations for US corn production and corn and wheat export demand, but the impact on grain market prices was limited. Chicago wheat futures fell slightly, while corn futures rose slightly. (3) The current wheat market is focusing on price competition among exporting countries. Russian wheat prices fell moderately, and the country's increase in export tariffs from September 17 may weaken its competitiveness. Traders expect Russian wheat prices to fall below $220 per ton. (4) Wheat demand was weak this week. Egypt showed interest in purchasing wheat from the Black Sea region, but was cautious about reports of large-scale purchases by its state-owned institutions, believing that these were likely cumulative purchases in recent months rather than new orders.

01:29:13

Baker Hughes: As of the week ending September 12, the number of drilling rigs in the Gulf of Mexico remained unchanged; the number of drilling rigs in North Dakota remained unchanged; the number of drilling rigs in Pennsylvania remained unchanged; and one was added in Texas.

01:29:11

Baker Hughes: U.S. drillers increased the number of oil and gas rigs for the second consecutive week.

01:29:10

Baker Hughes data showed that the Canadian drilling rig count increased by 5 from the previous week to 186.

01:29:09

The total number of oil rigs in the United States as of the week ending September 12 was 416, compared with 414 in the previous week. The total number of natural gas rigs in the United States as of the week ending September 12 was 118, compared with 118 in the previous week.

01:29:08

The total number of drilling rigs in the United States for the week of September 12 was 539, compared with 537 in the previous week.

01:27:24

Dollar Outlook: Traders focus on Fed rate cuts, the US dollar index rises slightly before retreating Details>

01:08:57

International copper prices closed up 0.20% in the evening session, Shanghai copper prices rose 0.19%, Shanghai aluminum prices rose 0.21%, Shanghai zinc prices rose 0.09%, Shanghai lead prices rose 1.03%, Shanghai nickel prices rose 0.68%, and Shanghai tin prices rose 0.48%. Alumina prices fell 0.34% in the evening session, while aluminum alloy prices rose 0.05%. Stainless steel prices rose 0.23%.

01:08:01

U.S. wheat exports in September -WASDE Monthly Forecast Latest Market Year

Previous : 8.75 Forecast : -

Published Value 9

01:07:59

The latest annual forecast of wheat yield per unit area in the United States in September -USDA Monthly WASDE

Previous : 52.70 Forecast : -

Published Value 52.70

01:07:57

The USDA monthly -WASDE forecast for the latest global cotton ending inventory in September

Previous : 7391 Forecast : -

Published Value 7314

01:07:57

U.S. cotton exports in September -WASDE Monthly Forecast Latest Market Year

Previous : 1200 Forecast : -

Published Value 1200

01:01:56

The total number of drilling RIGS in the United States as of the week ending September 12

Previous : 537 Forecast : -

Published Value 539

01:01:46

The total number of natural gas RIGS in the United States for the week ending September 12

Previous : 118 Forecast : -

Published Value 118

01:01:38

The total number of oil RIGS in the United States for the week ending September 12

Previous : 414 Forecast : -

Published Value 416

01:01:30

The total number of mixed drilling RIGS in the United States for the week ending September 12

Previous : 5 Forecast : -

Published Value 5

01:01:25

The total number of Wells drilled in North America for the week ending September 12

Previous : 718 Forecast : -

Published Value 725

01:01:15

The total number of Wells drilled in the Gulf of Mexico in North America for the week ending September 12

Previous : 10 Forecast : -

Published Value 10

01:01:09

The total number of Wells drilled in Canada for the week ending September 12

Previous : 181 Forecast : -

Published Value 186

00:55:46

The U.S. Department of Health and Human Services said all reports about the vaccine should be considered purely speculation until vaccine safety data is shared publicly.

00:55:17

Goldman Sachs: It is expected that the growing supply of liquefied natural gas (LNG) will further increase the possibility of congestion in European natural gas storage space in 2027, putting pressure on the Dutch Title Transfer Center (TTF) natural gas futures price to 20 euros per megawatt hour (US$6.85 per million British thermal units) that year.

00:55:02

Goldman Sachs: Regarding US natural gas, we remain bullish on the Henry Hub natural gas futures contract for calendar year 2026. We expect prices to rise to $4.50/MMBtu by summer.

00:54:47

[LME copper closed above $10,000 for three consecutive days] LME copper futures closed up $16 at $10,068/ton. LME aluminum futures closed up $16 at $2,690/ton. LME zinc futures closed up $57 at $2,957/ton. LME lead futures closed up $21 at $2,018/ton. LME nickel futures closed up $241 at $15,391/ton. LME tin futures closed up $277 at $34,975/ton. LME cobalt futures closed flat at $33,335/ton.

00:52:16

Congressional Budget Office (CBO): U.S. economic growth is expected to slow this year and the unemployment rate will rise.

00:48:42

British Ambassador to the US Fired for Close Ties with Epstein: The British Foreign Office announced on September 11 that the Foreign Secretary had dismissed Ambassador to the United States Peter Mandelson, at the request of Prime Minister Starmer, following revelations of Mandelson's close ties to the late American businessman Jeffrey Epstein. Epstein, who associated with numerous prominent politicians and business figures, died in prison in August 2019 after being arrested on suspicion of sex crimes. Mandelson reportedly wrote to Epstein several times during his imprisonment, urging him to "stay strong and fight for early release" and "your friends will always support you."

00:48:05

Russia triples wheat export tariffs.

00:47:52

[IMF: Africa's total loans reach $69 billion, and more credit is needed] African countries' demand for International Monetary Fund (IMF) financing is expected to remain high as debt burdens continue to rise and cheaper options remain scarce, despite growing backlash against the IMF's harsh austerity terms. An IMF spokesperson said the Washington-based bank has provided nearly $69 billion in financing to the region since 2020 and expects to continue providing credit. They said: "Driven by ongoing shocks and rising debt pressures, we see continued demand from African countries for IMF support, including new projects, extensions and expansions."

00:47:35

ECB board member Nagel: Continuing to cut interest rates could threaten price stability in the euro area.

00:46:31

The Congressional Budget Office (CBO) comments on Trump's tax, tariff, and immigration policies: Lowering its forecast for US economic growth, raising its inflation forecast, and raising concerns about rising unemployment. Taking into account US President Trump's tax, tariff, and net immigration reductions, the Congressional Budget Office (CBO) projects rising inflation and unemployment this year, and slower economic growth. The CBO projects that the US economy will grow by 1.4% in 2025, down from its January forecast of 1.9%, and inflation will rise to 3.1%, nearly a full percentage point higher than previously projected. The CBO predicts that by 2031, the US will need to rely on immigration to prevent population decline, with annual deaths exceeding births.

00:45:58

The 10-year German bond yield rose over 5 basis points on Friday, breaking the doldrums from Monday to Thursday. At the close of European trading on Friday (September 12), the 10-year German government bond yield rose 5.9 basis points to 2.715%, marking a 5.3 basis point increase this week. It remained largely stable at 2.660% from September 8 to 11, with a sharp rise and fall on September 11 due to the ECB's inaction and hawkish signals from ECB President Christine Lagarde. It continued its upward trend on September 12. The 2-year German bond yield rose 3.2 basis points to 2.018%, marking a 8.9 basis point increase this week. It remained roughly flat on September 8 and 9, forming this week's bottom, before accelerating upward from September 10 to 12, with the ECB's decision and Lagarde's press conference triggering a V-shaped rally. The 30-year German bond yield rose 4.2 basis points to 3.298%, remaining roughly flat this week, forming a relatively prominent five-wave V-shaped trend. The 2/10-year German bond yield spread rose by 2.806 basis points to +69.514 basis points, and fell by 3.520 basis points this week.

00:44:52

Technical Analysis: USD/JPY hits resistance again, can the key support level hold? Details>

00:44:12

The main Brent crude oil futures contract just broke through the $67.00/barrel mark and was last quoted at $66.98/barrel, up 1.12% on the day.

00:10:25

US Stocks Mixed, Dow Jones Drops 180 Points - US stocks were mixed in midday trading on Friday, September 13th, Beijing time. The Dow Jones Industrial Average fell 180 points. The Nasdaq Composite Index hit a new intraday high. Yesterday, the three major US stock indices surged to new records on signs of weak employment and tame inflation, signals that investors believe the Federal Reserve will cut interest rates next week. The Dow Jones Industrial Average fell 180.45 points, or 0.39%, to 45,927.55; the Nasdaq Composite rose 70.66 points, or 0.32%, to 22,113.73; and the S&P 500 fell 2.96 points, or 0.04%, to 6,584.51. On Friday morning, the Nasdaq Composite Index rose to a high of 22,150.41, and the S&P 500 reached a high of 6,594.22, both hitting new intraday highs.

00:08:28

Russia's second-quarter GDP annual rate - revised quarterly figures

Previous : 1.10% Forecast : 1.10%

Neutral

Published Value 1.10%

00:07:16

U.S. Department of Agriculture: Brazil's soybean production is expected to be 175 million tons in 2025/26.

00:07:16

U.S. Department of Agriculture: Argentina's soybean production is expected to be 48.5 million tons in 2025/26.

00:06:54

U.S. Commerce Secretary Lutnick: Musk is "reversing" the mission of the Department of Government Efficiency (DOGE).

00:06:26

Deutsche Bank now expects the Federal Reserve to cut interest rates three times this year, down from two previously. Deutsche Bank economists have raised their forecast for the number of Federal Reserve rate cuts in the remainder of 2025 from two to three, citing a slowing job market and declining inflation. "Given recent data suggesting further weakening in the labor market and slightly weaker-than-expected inflationary pressures, we are bringing forward one rate cut originally expected for next year to this year," a Deutsche Bank team led by Matthew Luzzetti wrote in a report on Friday. Deutsche Bank now expects the Federal Reserve to cut interest rates by 25 basis points next week, in October, and in December. Previously, the Fed was expected to cut interest rates in September and then wait until December for another cut.

00:00:10

U.S. soybean ending inventory for September -USDA monthly WASDE estimate for the next New Year

Previous : 33000 Forecast : 32753

Published Value 33000

00:00:09

U.S. Poultry production in September -USDA Monthly WASDE forecast for the latest year

Previous : 532.99 Forecast : -

Published Value 533.58

00:00:09

The end-of-September corn inventory in the United States -USDA's monthly WASDE estimate for the next New Year

Previous : 13.05 Forecast : 13.11

Published Value 13.25

00:00:09

The USDA monthly -WASDE forecast for the latest global soybean ending inventory in September

Previous : 12490 Forecast : 12477

Published Value 12399

00:00:08

U.S. Cotton production in September -USDA Monthly WASDE forecast for the latest year

Previous : 1321 Forecast : -

Published Value 1322

00:00:07

U.S. Soybean ending inventory for September -USDA Monthly WASDE forecast for the latest year

Previous : 2.90 Forecast : 2.88

Published Value 3

00:00:07

ExxonMobil: New graphite can improve the life of electric vehicle batteries and extend their range. ExxonMobil said it has invented a new type of graphite that can increase the service life of electric vehicle batteries by up to 30%. This synthetic graphite is used in the battery's anode, which can achieve faster charging speeds, longer service life and longer driving range.

00:00:07

U.S. Soybean production in September -USDA Monthly WASDE forecast for the latest year

Previous : 42.92 Forecast : 42.71

Published Value 43.01

00:00:07

U.S. Soybean exports in September -USDA Monthly WASDE forecast for the latest year

Previous : 17.05 Forecast : -

Published Value 16.85

00:00:07

U.S. September wheat production -USDA Monthly WASDE forecast for the latest year

Previous : 19.27 Forecast : -

Published Value 19.27

00:00:06

U.S. pork production in September -USDA Monthly WASDE forecast for the latest year

Previous : 283.94 Forecast : -

Published Value 283.94

00:00:06

The latest USDA monthly -WASDE forecast for the global corn ending stock in September

Previous : 28254 Forecast : 28163

Published Value 28140

00:00:06

Brazil's latest September soybean production forecast -USDA Monthly WASDE

Previous : 17500 Forecast : -

Published Value 17500

00:00:06

Brazil's September soybean production estimate for the second New Year -USDA Monthly WASDE

Previous : 16900 Forecast : -

Published Value 16900

00:00:06

The latest USDA monthly -WASDE forecast for the global wheat ending stock in September

Previous : 26008 Forecast : 226113

Published Value 26406

00:00:06

U.S. September corn exports -WASDE Monthly Forecast for the Latest Market Year

Previous : 28.75 Forecast : -

Published Value 29.75

00:00:05

U.S. September corn production -USDA Monthly WASDE forecast for the latest year

Previous : 167.42 Forecast : 165.16

Published Value 168.14

00:00:05

U.S. September cotton ending stock -USDA Monthly WASDE forecast for the latest year

Previous : 360 Forecast : -

Published Value 360

00:00:05

The end-of-month wheat inventory in the United States for September -USDA monthly WASDE estimate for the next New Year

Previous : 8.51 Forecast : -

Published Value 8.51

00:00:05

U.S. September beef production -USDA Monthly WASDE forecast for the latest year

Previous : 255.37 Forecast : -

Published Value 255.57

00:00:04

U.S. September wheat ending stock -USDA Monthly WASDE forecast for the latest year

Previous : 8.69 Forecast : 8.65

Published Value 8.44

00:00:04

The latest annual forecast of corn yield per unit area in the United States in September -USDA Monthly WASDE

Previous : 188.80 Forecast : 186.20

Published Value 186.70

00:00:04

September in the United States

Previous : 53.60 Forecast : 53.30

Published Value 53.50

00:00:04

The latest annual forecast for Brazil's September corn production -USDA Monthly WASDE

Previous : 13100 Forecast : -

Published Value 13100

00:00:04

Brazil's September corn production estimate for the second New Year -USDA Monthly WASDE

Previous : 13200 Forecast : -

Published Value 13500

00:00:04

U.S. September corn ending Stock -USDA Monthly WASDE forecast for the latest year

Previous : 21.17 Forecast : 20.11

Published Value 21.10

2025-09-12 Friday

23:59:10

[Morgan Stanley: The Federal Reserve will cut interest rates four times in a row, each time by 0.25 percentage points] Morgan Stanley's analysis team expects the Federal Reserve to cut interest rates four times, each time by 0.25 percentage points. Morgan Stanley's analysis team said that since the unemployment rate is still at a low level and the federal funds rate is already closer to the neutral level (i.e. 2%) than last year. When monetary policy is in a moderately tight state, it is more likely to gradually relax interest rates. Morgan Stanley's analysis team also said, "Why would the Fed make an additional rate cut in January? If the rate is only cut by 75 basis points, the federal funds rate will still be slightly higher than the Fed's upper limit estimate of the neutral interest rate."

23:50:15

Market news: U.S. President Trump administration officials will link the deaths of 25 children to the new coronavirus vaccine.

23:48:34

The Dow Jones Industrial Average just broke through the 45900.00 mark and was last at 45899.58, down 0.45% on the day.

23:43:14

European stocks closed mixed on Friday, with the Eurostoxx 50 index up 0.07%, the UK's FTSE 100 index down 0.19%, the French CAC40 index up 0.02%, the German DAX30 index up 0.00% and the FTSE Italia MIB index up 0.32%.

23:39:57

Gold Holds Near Record High Ahead of Next Week's Fed Meeting: At 11:37 PM Beijing Time, gold prices approached their all-time high as signs of a weakening US labor market reinforced expectations that the Federal Reserve will cut interest rates at its next meeting. In evening trading, gold futures rose 0.2% to $3,680 per troy ounce, up nearly 1% for the week. Saxo Bank analysts stated, "The market believes that weak economic data, particularly the weak employment data, means a rate cut is inevitable. Assuming the Fed does cut rates, the market will closely monitor Powell's latest statement and press conference to determine whether this is the first of multiple rate cuts or whether the guidance is more cautious about inflation risks." Meanwhile, the University of Michigan's consumer confidence index for September deteriorated more than expected, falling to a four-month low.

23:38:26

【Central Bank of Russia cuts interest rates by 100 basis points】 (1) As high borrowing rates have suppressed business activity and hindered economic recovery, the Central Bank of Russia has cut its benchmark interest rate for the third time this year. The board of directors of the Central Bank of Russia, led by Elvira Nabiullina, decided to cut the key interest rate by 100 basis points, from 18.00% to 17.00%. (2) Previously, the market generally expected the central bank to cut interest rates more aggressively by 200 basis points. In July this year, the bank cut interest rates by 200 basis points; in June, it cut interest rates by 100 basis points, the first rate cut since 2022. (3) The central bank said it would continue to maintain a "necessarily tight" monetary environment and strive to return inflation to the target level in 2026. Officials expect Russia's annual inflation rate to slow to 6.0%-7.0% in 2025, further to 4.0% in 2026, and stabilize around the target thereafter. (4) The central bank added that future interest rate decisions will depend on the sustainability of the inflation slowdown and the changing trajectory of inflation expectations. Policymakers noted that tight monetary conditions are still driving inflation down, but persistently high inflation expectations could hinder a sustained slowdown in price growth. Furthermore, the central bank believes the economy is gradually returning to a balanced growth path, with recent loan growth accelerating.

23:34:33

【USD/CAD is facing a key test from the "double resolution" of the Federal Reserve and the Bank of Canada】 (1) USD/CAD is facing a key test from the "double resolution" of the Federal Reserve and the Bank of Canada. Although the exchange rate has fallen slightly from its high point this year, the correction is still limited, and it still maintains a high range of fluctuations above 1.38. (2) The market generally expects that both central banks will announce interest rate cuts at the interest rate meeting on September 17: the Bank of Canada is priced to cut at least 25bp, and there are calls for a "substantial rate cut" from the Federal Reserve, which makes the currency pair face the dual uncertainty of policy divergence and synchronized easing. (3) On the one hand, Canada's employment is weak and core inflation is falling. There is an 88% probability that the central bank will initiate an "insurance" interest rate cut, and the cumulative easing space this year may exceed 50bp; on the other hand, the downward revision of US non-farm payrolls and the unexpected slowdown of PPI have also strengthened the expectation of a "dovish surprise" from the Federal Reserve. (4) If the Bank of Canada takes more aggressive action, USD/CAD is expected to test the 1.3925 or even 1.40 mark. Conversely, if the Fed leads the way in cutting interest rates or oil prices continue to rebound, the exchange rate may fall back to the 1.3760-1.3750 area to seek support. (5) Short-term traders should focus on the guidance of the Canadian CPI on September 16 and the US CPI on September 12. Any deviation in the data may trigger a breakthrough towards 1.40 or 1.37.

23:29:14

Tesla Chairman: If Musk is unable to continue to perform his duties, a leadership reorganization plan will be initiated.

23:29:13

Tesla Chairman: Succession is the primary concern of investors.

23:27:09

The European Investment Bank (EIB) and the Inter-American Development Bank (CAF) have signed an 80 million euro loan agreement to invest in innovative and sustainable development projects in the transport sector.

23:26:25

[ING: The Canadian dollar should continue to underperform non-US dollar currencies in the G-10] ING analysts said in a report that the Canadian dollar should continue to underperform non-US dollar currencies in the G-10 as the Bank of Canada seems to be about to restart interest rate cuts. They said that the Bank of Canada may cut interest rates by 25 basis points on September 17 and another 25 basis points in the fourth quarter. The Bank of Canada has kept interest rates unchanged at the previous three meetings. The market expects the Canadian dollar to cut interest rates by about 40 basis points before the end of the year. "We predict that the USD/CAD will only fall very slowly, which is entirely due to the weakening of the US dollar as the Canadian dollar remains unattractive relative to most G-10 currencies." The USD/CAD rose 0.2% to 1.3858 Canadian dollars, and ING's target is 1.37 Canadian dollars by the end of the year.

23:24:26

TD Securities: Next Week's Canadian Inflation Data Unlikely to Prevent a Rate Cut] TD Securities says Canadian inflation data due early next week is unlikely to prevent the Bank of Canada from lowering its policy rate. The Bank of Canada will announce its interest rate decision on September 17, while Statistics Canada will release consumer price index data on September 16. The firm stated, "We believe the threshold for these data to influence the central bank's interest rate decision is high." It believes a "significant rebound" in various core consumer price index indicators would be needed to cast doubt on the sustainability of the recent slowdown in inflation data. Traders in the overnight index swap market have already priced in the possibility of a rate cut on Wednesday.

23:21:22

The EU's new antitrust chief: It is our responsibility to ensure that markets function well and the competitive environment is fair.

First

Instrument	Current Price	Change
XAU	3652.88	8.61 (0.24%)
XAG	42.193	0.400 (0.96%)
CONC	63.04	-0.22 (-0.35%)
OILC	67.27	-0.19 (-0.28%)
USD	97.420	0.064 (0.07%)
EURUSD	1.1773	-0.0012 (-0.10%)
GBPUSD	1.3529	-0.0025 (-0.18%)
USDCNH	7.1106	0.0039 (0.06%)

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