EUR/USD
1.17749
0.122%
Gold
3676.09
-0.072%
Oil
63.149
0.225%
USD/JPY
147.157
-0.170%
GBP/USD
1.36101
0.093%
GBP/JPY
200.288
-0.071%
Real-time News
Futures News, September 16th: Crude oil prices have recently been experiencing strong fluctuations. While the gains have been modest, a clear bottom line is evident. This is primarily due to geopolitical tensions, including Ukraines escalating attacks on oil facilities in a European country and the Polish drone issue. The return of a geopolitical premium has boosted bullish market sentiment. Zhuochuang Information predicts that this geopolitical escalation has led to an oil market premium, but negative fundamentals are weighing on oil prices. Saudi Arabias production increases and weak demand are both contributing to a buildup of crude oil inventories. Therefore, while oil prices may remain strong in the short term, they remain under pressure in the long term.On September 16th, Brazilian President Lula da Silva met with Didi founder and CEO Cheng Wei and executives from Didi and its subsidiary, 99. 99 announced an additional investment of R$2 billion (approximately RMB 2.6 billion) in its food delivery platform, 99Food, to be fully operational by June 2026. 99Food currently operates only in São Paulo and Goiânia, and this new round of investment will fuel rapid service expansion, with plans to cover 15 cities by the end of the year and 20 more by January 2026. Wang Simong, 99 Brazil General Manager, explained that R$50 million (approximately RMB 65 million) of the investment will be used to build support points for delivery drivers, providing rest areas, drinking water, and sanitation facilities. In addition, 99 will launch a R$6 billion (approximately RMB 7.8 billion) welfare support program, including credit support for delivery drivers to purchase and lease electric scooters and bicycles.Japanese Finance Minister Katsunobu Kato declined to comment on the factors behind the stock market fluctuations.Japanese Finance Minister Katsunobu Kato: Japan is committed to complying with WTO rules, but at the same time will consider taking measures to increase pressure on Russia and coordinate with the G7.Hong Kong-listed Fosun Pharmaceutical (01652.HK) saw an unusual rise, surging 400% at one point during the session before the increase narrowed to 355%. The share price is now trading at HK$1.55.
