Follow our real-time news and get the real-time Forex news and headline news of the global financial market. Stay connected to our news reminders, trending articles and expert analysis.
On September 14th, U.S. Energy Secretary Chris Wright warned oil traders not to expect a quick breakthrough on the Strait of Hormuz issue. Iran is planning to propose a shipping agreement to other Gulf states. In an interview on Sunday, Wright stated, "Expecting to reach a consensus agreement with Iran today is clearly not a good option." He said the market still needs to rely on alternative shipping routes. He estimated that these alternative routes can currently still supply about 10 million barrels of crude oil and petroleum products per day. Wright said, "Therefore, the current global oil market supply is indeed tighter than we would like, but not excessively so." Wright also said that Iran's nuclear program will end "in some way," adding, "We prefer a negotiated solution. If negotiations fail, they can continue with a secret, hidden, covered-up, and denied nuclear weapons program, but after that, Iran will face the U.S. military, and the U.S. military will ensure they cannot develop nuclear weapons."
U.S. Energy Secretary Wright stated that the U.S. will terminate Iran's nuclear program "no matter what"; the U.S. expressed concern over the suspension of inspections of Iran's nuclear program. Hoping to reach a Hormuz-related agreement with Iran is not a prudent option.
Musk confirmed that Tesla will livestream the launch event for its Roadster electric sports car.
According to the Iranian news agency IRNA: The Israeli military continues its airstrikes in southern Lebanon, bombing several towns and areas in Nabatieh.
On September 14th, Business Insider, citing a source familiar with the matter, reported that Anthropic has chosen Nasdaq as the listing venue for its potential IPO. Another source indicated that the company, planning to list in October, has chosen Nasdaq, meaning the exchange has won another significant competition. Earlier this year, Nasdaq successfully secured a listing for SpaceX, which is valued at $1.75 trillion. Some estimates suggest Anthropic could be valued at $2 trillion, although this figure is not yet finalized. Previously, OpenAI CEO Sam Altman stated that OpenAI would not be going public at this time due to the controversy surrounding the potential existential threat of AI to humanity.
On September 14th, the Yemeni government forces stated on the 13th that in the month-long conflict between the government forces and Houthi rebels along Yemen's western coast and related islands, the government forces suffered approximately 2,000 casualties, while the Houthis suffered over 1,000 deaths and thousands of injuries. According to a statement released by the Yemeni military group "National Resistance Forces" and cited by Yemeni state television, the casualties occurred between August 9th and September 10th. The statement said the conflict began with Houthi attacks on the "National Resistance Forces" using missiles and drones, and subsequently spread from southern Hodeidah province on the Red Sea coast to the neighboring Taiz province.
September 14th - According to the Jerusalem Post, Trump hinted on Sunday that the US might remain in Iran and "take the oil," comparing it to the US push to control one-fifth of Venezuela's vast oil reserves. Trump was in Ireland for talks and to watch a golf tournament. He reiterated that he still expects the war with Iran to end this year, but it could not end until shortly after the US midterm elections in November. However, Trump also raised an alternative to ending the war: continued involvement in Iranian affairs. He compared this to the agreement reached in Venezuela. Trump stated, "Ultimately we will leave Iran unless we decide to stay and take the oil, like we did in Venezuela." He also claimed that the revenue the US received from Venezuela has "multiple times paid for the costs of the war."
On September 13th, according to foreign media reports, US President Donald Trump appeared to reject calls from several high-ranking figures in the artificial intelligence field on Sunday to slow down the development of AI models. During an interview at the Irish Open golf tournament, Trump said, "We are the most advanced country in the world, and frankly, I want that to continue. Whoever wins in AI wins everything." On Saturday, three of the most influential leaders in the AI industry—Anthropic CEO Dario Amodei, OpenAI CEO Sam Altman, and xAI founder Elon Musk—jointly supported slowing down the pace of AI model capability improvements. Trump said, "I think there are a lot of negative forces pushing this thing that shouldn't even be brought up. They're bringing up things that simply won't happen."
On September 13th, it was reported that the summit originally scheduled for July 22nd, aimed at finalizing a reset agreement for the UK-EU relationship after Brexit, was postponed. The two sides subsequently quietly set the meeting date for November 6th. However, the Financial Times, citing two EU officials, stated that this date has now been postponed again, and the earliest it could be reached is the end of November. British officials insist that the summit should discuss new British Prime Minister Andy Burnham's concerns about the "Make in Europe" plan. This plan proposes prioritizing spending by some public sector and businesses on purchasing EU-made products, a move the British government fears will negatively impact British industries such as automobiles and chemicals.
According to IRNA, sources say that sirens were sounded and explosions were heard in the southern Saudi city of Khamis Mushait and Abha.
Saudi Arabia's Civil Defense: The danger alert for the Khamis Mushait region has been lifted.
On September 13, Wang Yi stated that the visit was pragmatic, efficient, precisely targeted, and fruitful, achieving complete success and realizing three strategic goals. First, it enhanced the effectiveness of BRICS cooperation. Twenty years ago, Brazil, Russia, India, and China held their first foreign ministers' meeting during the UN General Assembly, marking the beginning of BRICS cooperation. Guided by the BRICS spirit of openness, inclusiveness, and win-win cooperation, the BRICS countries transformed their differences into a driving force for mutually beneficial cooperation, regarding their individual successes as the cornerstone of common development, forming a comprehensive and multi-layered cooperation framework, and becoming a veritable leading force in the Global South and the primary platform for South-South cooperation. Second, it empowered the Global South. The rise of the Global South is a clear sign of the great changes in the world. At the same time, the current international governance system is not adapted to the changing times; the representation and voice of the Global South countries are severely insufficient, and their legitimate demands have not received due attention. This imbalance has not only hindered the pace of development of developing countries but also weakened the international community's ability to work together to address common challenges. The world expects BRICS countries to better represent and safeguard the common interests of the Global South and play a greater role in reforming and improving global governance. Thirdly, it guides China-India relations. Following the Kazan and Tianjin meetings, President Xi Jinping and Prime Minister Modi held another bilateral meeting, which attracted widespread international attention. Under the strategic guidance of the two leaders, China-India relations have gradually emerged from their low point, moving from a "restart" to a "re-elevation," with cooperation lists continuously expanding, trade volume reaching new highs, and people-to-people exchanges becoming more active. The improvement and development of China-India relations is not only welcomed by the more than 2.8 billion people of both sides, but is also an essential aspect of strengthening cooperation in the Global South.
Saudi Arabia's Civil Defense has issued an emergency alert to Khamis Mushait and Abha, warning residents of potential dangers.
September 13th - According to foreign media reports, US President Trump reiterated during his visit to Ireland on the 13th that the war with Iran will end after the midterm elections. In an interview that day, Trump stated that the war with Iran would end immediately after the US midterm elections in November, at which time "gasoline prices will drop rapidly." He also stated that Iran "very much wants to reach an agreement" and has been in contact with the United States. Trump had previously stated on the 9th that he believed the war between the US and Iran would "end immediately" after the US midterm elections in November.
September 13th - According to recent reports from Japan, the Cabinet Public Relations Office, responsible for promoting cabinet policies, has requested a budget of approximately 7.2 billion yen for fiscal year 2027, ten times the approximately 700 million yen requested in fiscal year 2026. The Japanese government stated that it will strengthen its propaganda efforts, including information warfare. The enormous budget request has been questioned by Japanese media.
1. Monday: ① Data: Canada's August CPI month-on-month rate; China's August M2 money supply year-on-year rate (to be determined). ② Holiday: The National Stock Exchange of India is closed for one day. 2. Tuesday: ① Data: China's August retail sales of consumer goods year-on-year; China's August industrial value-added year-on-year; UK's July three-month ILO unemployment rate; UK's August unemployment rate; UK's August jobless claims; France's final August CPI month-on-month rate; Germany's September ZEW economic sentiment index; Eurozone's September ZEW economic sentiment index; Eurozone's July seasonally adjusted trade balance; US ADP employment change week-on-week for the week ending August 29; Canada's July wholesale sales month-on-month rate; US September New York Fed Manufacturing Index; China's August total electricity consumption year-on-year; China's August total electricity consumption (to be determined). ② Events: The National Energy Administration releases total electricity consumption data around the 15th of each month; the National Bureau of Statistics releases monthly reports on residential sales prices in 70 large and medium-sized cities; the State Council Information Office holds a press conference on the operation of the national economy. 3. Wednesday: ① Data: US API crude oil inventories for the week ending September 11; UK August CPI month-on-month rate, UK August retail price index month-on-month rate; Eurozone July industrial production month-on-month rate; US August retail sales month-on-month rate, US August import price index month-on-month rate, US September NAHB housing market index, US July business inventories month-on-month rate, US EIA crude oil inventories for the week ending September 11, US EIA Cushing, Oklahoma crude oil inventories for the week ending September 11, US EIA strategic petroleum reserves for the week ending September 11. ② Event: European Commission President Ursula von der Leyen delivers her State of the Union address. 4. Thursday: ① Data: US Federal Reserve interest rate decision (upper limit) to September 16; China's August SWIFT RMB share in global payments; Switzerland's August trade balance; Eurozone's final August CPI year-on-year rate and final August CPI month-on-month rate; UK central bank interest rate decision to September 17; US initial jobless claims for the week ending September 12; US August housing starts (annualized); US August building permits; US September Philadelphia Fed Manufacturing Index; US August pending home sales index (month-on-month); US EIA natural gas storage for the week ending September 11. ② Events: US Securities and Exchange Commission holds a roundtable discussion on 24-hour trading; Bank of Canada releases monetary policy meeting minutes; Federal Reserve FOMC releases interest rate decision and economic projections summary, Federal Reserve Chairman holds monetary policy press conference [simultaneous interpretation]; Bank of England releases interest rate decision and meeting minutes. 5. Friday: ① Data: UK September GfK Consumer Confidence Index; Japan August Core CPI YoY; Germany August PPI MoM; UK August Seasonally Adjusted Retail Sales MoM; Eurozone July Seasonally Adjusted Current Account; US August Industrial Production MoM; US August Conference Board Leading Economic Index MoM; China August Year-to-Date National Power Generation Capacity; China August Year-to-Date National Power Generation Capacity YoY (TBD); Bank of Japan Target Interest Rate to September 18 (TBD). ② Events: RBA Governor Bullock attends hearing; Bank of Japan announces interest rate decision; Bank of Japan Governor Ueda Kazuo holds monetary policy press conference. 6. Saturday: ① Data: US Total Oil Rig Count for the Week Ending September 18.
White House economic advisor Hassett: AI security is a "solvable problem"; it's great to see OpenAI and Musk supporting Anthropic CEO's article on artificial intelligence.
White House economic advisor Hassett: Based on inflation data, I will be cautious about raising interest rates.
US President Trump: We can set up safeguards (regarding artificial intelligence), but some voices are too negative.
US President Trump (when asked whether the artificial intelligence industry should slow down its pace of development) said that whoever wins in artificial intelligence wins the future.
Apr 21, 2023 14:03
Apr 21, 2023 13:58
Apr 20, 2023 13:54