EUR/USD
1.16013
-0.133%
Gold
4428.79
-0.454%
Oil
85.553
0.187%
USD/JPY
159.957
0.141%
GBP/USD
1.35352
-0.100%
GBP/JPY
216.510
0.047%
Real-time News
September 1st - According to the latest memory industry research from TrendForce, NAND flash manufacturers are expanding their supply of high-margin Enterprise SSDs (Solid State Drives) to maximize profits and optimize their product portfolios. With both shipments and contract prices rising, the combined revenue of the worlds top five Enterprise SSD brands in the second quarter of 2026 is expected to reach nearly $37.59 billion, representing a quarterly increase of 103.6%.On September 1st, it was reported that from the evening of August 31st to September 1st, Douyin (TikToks Chinese version) experienced a widespread service outage that caused its recommendation algorithm to malfunction. Many users were forced to view content they werent regularly interested in on their homepages, leading to complaints from netizens that "Douyins recommendations are terrible." Specifically, the recommendation algorithm malfunctioned, users usual preference tags became ineffective, and their homepages were flooded with content they werent interested in. Many users reported that even clicking "not interested" or quickly swiping through the content didnt stop the same low-quality content from constantly appearing on their screens. Basic functions were partially paralyzed; in addition to the abnormal recommendation feed, some users experienced blank search pages and were unable to send or receive private messages. Douyin has not yet responded.According to data from BILSTATISTIK.DK, Tesla (TSLA.O) saw a 104% year-on-year increase in new car registrations in Denmark in August.September 1st - Data from the National Association of Home Mortgage Borrowers (NAM) shows that UK house prices rose in August, indicating that housing demand remains resilient despite the economic impact of the ongoing conflict between the US and Iran. The average UK house price rose 0.2% in August to £275,465, reversing a revised 0.1% decline in the previous month. Augusts price performance was slightly better than economists expectations of a 0.1% increase. This data suggests that the UK housing market may be weathering the impact of the Middle East conflict. Ample household savings and Prime Minister Andy Burnhams cost-of-living measures are helping to maintain housing demand. However, energy costs remain high, and house prices have fallen in two of the past four months. Overall economic sentiment in the UK may deteriorate further. The Iranian energy shock has dampened market hopes for interest rate cuts, with traders now expecting the Bank of England to raise rates by 25 basis points by the end of the year. Meanwhile, speculation surrounding potential tax increases in the new Chancellor of the Exchequer John Healys first budget could further dampen the willingness of potential homebuyers.UBS shares rose 1.8% in pre-market trading in Europe after a Swiss parliamentary committee approved capital incentives.
