Real-time News

Analyst Chris Anstey: Over the past year, prices for computer software and accessories have surged 25.4%, marking the largest increase ever! This is undoubtedly a sign of a surge in investment in artificial intelligence.

Ukrainian President Zelensky: The Ukrainian military attacked Russian oil industry facilities in Volgograd.

On September 11, Israeli Defense Forces Chief of Staff Zamir stated that after destroying the Hezbollah underground tunnels beneath the Ali Taher ridge in southern Lebanon, the IDF will not withdraw from the "Yellow Line" within Lebanon. Zamir stated, "The 'Yellow Line' remains under our complete control and has not changed."

An advisor to Iran's Supreme Leader described the Houthi advance in Yemen as a "glorious victory."

Russian Central Bank Governor Nabiullina: The Russian Central Bank will inject funds into the state-owned reinsurance company to address the increased insurance payouts caused by the drone attacks.

Hamas says a senior armed commander was killed by Israel.

Iranian President Peshizian: Iran has faced widespread sanctions in recent years; economic security is inextricably linked to national and regional security.

September 11th - Data shows that the US annual inflation rate remained high last month, with Americans continuing to pay high gasoline prices. Previously, a slowdown was widely expected, allowing the Federal Reserve to cut interest rates. However, the war with Iran and the resulting sharp rise in energy prices have changed this. According to data from the American Automobile Association (AAA), the average price of regular gasoline in August was $4.07 per gallon, compared to $3.16 a year ago. This month, the escalating conflict with Iran pushed up energy prices—the average price of regular gasoline was $4.30 on Friday. The August inflation data has significant implications for the Federal Reserve, which is deeply divided on whether to raise interest rates at next week's policy meeting. At the Fed's last meeting in July, three officials voted against raising rates, and others have since indicated they might join in if inflation does not improve. Adding to inflationary pressures is the shortage of memory and storage chips caused by the development of artificial intelligence, which is driving up the prices of some consumer electronics. For example, Apple is raising prices to offset higher costs. The company's new foldable phone, released this week, starts at $1,999.

On September 11th, data from the U.S. Bureau of Labor Statistics on Friday showed that the core CPI, excluding food and energy, rose 0.3% month-over-month and 2.4% year-over-year. Driven by rising energy prices, the overall CPI rose 0.4% month-over-month and 3.4% year-over-year. The report indicated that facing continued pressure from the Iran war, tariffs, and data center construction, inflation made little progress toward the Federal Reserve's target last month. Previously, some officials had hinted that the decision on September 15-16 would depend on data performance; given this data, the Fed is likely to consider it a catalyst for its first interest rate hike in three years. As investors increased their bets on a rate hike, U.S. Treasury yields rose, and stock index futures remained high. Fed Chairman Warsh had previously been reluctant to reveal the Fed's intentions for its next move. Meanwhile, the U.S. economy is facing the challenge of a rebound in energy prices due to supply disruptions caused by the Middle East conflict and the Russia-Ukraine war. This week, oil prices broke through $100 per barrel, and U.S. retail diesel prices also hit a record high.

Russian President Vladimir Putin: The initiators of the sanctions are facing economic downturn and are no longer able to implement innovative policies similar to Russia's.

Russian President Vladimir Putin: Western countries are trying to disrupt logistics, damage infrastructure, and seize ships.

Russian President Vladimir Putin: The West is directly sabotaging facilities and pipelines in order to maintain its economic leadership.

The U.S. unadjusted annual inflation rate for used cars and trucks was -2.3% in August, compared with -1.9% previously.

U.S. unadjusted new car inflation was 0.6% year-on-year in August, down from 0.5% in the previous month.

U.S. unadjusted housing inflation rate was 3% in August, down from 3.2% previously.