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A spokesperson for the Pakistani Foreign Ministry stated that the Mecca Agreement, signed last month by Pakistan, Turkey, and Saudi Arabia, is a "defensive alliance" and there are currently no plans for expansion.The U.S. Embassy in Beirut stated that southern Lebanon does not belong to any regional power or militia.September 10th - This morning, Bokang Vision Cloud-B (02592.HK) suddenly announced a trading halt. The announcement stated that, pursuant to Section 8(1) of the Securities and Futures (Listing on Securities Markets) Rules, the Hong Kong Stock Exchange, at the direction of the Hong Kong Securities and Futures Commission (SFC), has suspended trading in Bokang Vision Cloud shares from 9:00 a.m. on September 10, 2026. Inquiries were made to Bokang Vision Cloud regarding the specific reasons for the mandatory trading halt by the SFC, but no response has been received as of now.On September 10th, statistics from 58 Anjuke Research Institute showed that in the first seven days of September this year, the transaction volume of new homes in 13 key first- and second-tier cities was generally higher than the same period last year. Among them, the transaction volume in all four first-tier cities increased year-on-year, while the growth in second-tier cities varied, with Nanjing, Wuhan, and Ningbo all recording positive growth in new home transactions. The second-hand housing market was generally positive; in the 12 cities surveyed by the institute, the transaction volume of second-hand homes in the first seven days of this month all showed positive year-on-year growth. Data released by the China Index Academy also showed that from the end of August to the beginning of September, the housing market in key cities heated up. The institute pointed out that in the 36th week of this year (August 30th to September 5th), the transaction volume of new homes in 30 cities increased by 1.5% month-on-month and 20.8% year-on-year; the transaction volume of second-hand homes in 20 cities decreased slightly month-on-month but increased by 16.9% year-on-year.Ukrainian President Zelensky: In the past 24 hours, Ukrainian forces have struck eight infrastructure targets supporting Russian operations, including an oil refinery in the Yamal-Nenets region and a maritime trading port in Dagestan.

Light Selling Ahead of CPI Data, Earnings Season

Cory Russell

Jul 12, 2022 14:56

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Late in the trading day on Monday, September E-mini S&P 500 Index futures were trading lower as investors prepared for the release of the US Consumer Price Index (CPI) data on Wednesday and the formal start of the second-quarter earnings season. Investors reduced risk throughout the day as China ordered the closure of the first casino in Macao in more than two years to stop the COVID-19 virus from spreading.


September E-mini S&P 500 Index futures are now trading at 3882.00, down 19.25 or -0.49 percent, at 17:55 GMT. The S&P 500 Trust ETF (SPY) is down $4.58 or 1.18 percent, trading at $384.09.


Communication services, one of the S&P 500's 11 main industries, had the highest percentage decline while utilities led gainers.


The Consumer Price Index (CPI) is predicted to increase on Wednesday from last month's reading of 8.6 percent to 8.8 percent. The start of the second quarter reporting season is anticipated to come later in the week with results from major banks including JPMorgan Chase & Co, Citigroup Inc, and Wells Fargo & Co.