Real-time News

Germany's seasonally adjusted exports fell 0.8% month-on-month in July, compared with an expected 0.1% and a previous reading of 0.90%.

Germany's seasonally adjusted imports fell 5.7% month-on-month in July, compared with an expected decline of 0.9% and a previous reading of 4.40%.

On September 8th, Futures News reported that the crude oil market has maintained a slightly bullish trend recently. WTI crude oil has stabilized above the key $90 level, while Brent crude is fluctuating around $95. Frequent direct conflicts between the US and Iran, coupled with low traffic volume in the Strait of Hormuz, have fueled market anxieties. Zhuochuang Information predicts that although Trump continues to reassure the market, given the low inventory levels, negotiations between the US and Iran seem unlikely, and significant differences remain. The assessment remains that crude oil prices will continue to fluctuate with a slightly bullish bias, but caution is advised regarding the risk of high intraday volatility after reaching these high levels.

Saudi government data shows that Saudi Arabia's real GDP fell by 4.7% year-on-year in the second quarter.

The main fuel oil contract surged 4.00% intraday, currently trading at 3951.00 yuan/ton.

Ukrainian Air Force: Russia launched dozens of missiles and 166 drones in a nighttime attack on Ukraine.

September 8th - State Street Global Advisors analyst Konrad Kleinfeld stated that the European Central Bank (ECB) may combine its anticipated rate hike with signals of maintaining an open stance on Thursday. For the market, the focus is not on the September decision itself, but on whether the 2.50% deposit rate is already considered sufficiently restrictive, or whether the central bank is still reserving policy space for December. LSEG data shows that the money market has fully priced in a 25 basis point rate hike on Thursday, bringing the deposit rate to 2.50%.

September 8th - According to a statement released today (September 8th) by the Saudi Ministry of Energy, multiple energy and utility facilities in the country have been attacked by Houthi rebels in Yemen, resulting in fires at several locations and temporary disruptions to operations at some facilities. The Saudi Ministry of Energy stated that it is working to ensure the safety of facilities, personnel, and operational continuity. Earlier today, the Saudi-led coalition in Yemen stated that Houthi rebels attacked civilian and economic facilities in Abha, Khamis Mushait, Najran, and Jizan, injuring 73 people. The coalition stated that it will respond decisively to the Houthi attacks.

According to Saudi media outlet Alhadath, Saudi Arabia stated that it will not take any attacks against its territory and resources lightly and will handle them in accordance with international law. Saudi Arabia emphasized the need to demand that the Houthi rebels cease all forms of escalation and actions that threaten maritime safety.

On September 8th, the HKEX China Opportunities Forum 2026 was held in Shanghai. Zhang Bin, Director of the International Cooperation Department of the Shanghai Stock Exchange (SSE), stated at the forum that the Chinese market has become an essential option for international capital allocation. The SSE will provide more flexible, targeted, and differentiated measures to encourage long-term funds to enter the market, promote a more favorable policy environment for medium- and long-term capital inflows, and enhance communication and outreach with overseas sovereign wealth funds and long-term capital. Zhang Bin stated that, going forward, under the unified guidance of the securities regulatory commissions of both Shanghai and Shenzhen, the SSE will further promote the inclusion of REITs products in the Stock Connect mechanism, enriching the types of investment targets available through the Stock Connect, building upon its existing coverage of stocks and ETFs. Simultaneously, it will actively promote the inclusion of RMB stock trading over-the-counter (OTC) transactions in the Stock Connect mechanism. Furthermore, it will actively solicit opinions and suggestions from international investors and explore more optimization measures in terms of trading mechanisms, target scope, and investor thresholds to meet the needs and demands of global investors in allocating to the Chinese market.

On September 8th, Ukrainian Foreign Minister Andrii Sybiha stated that Putin launched another large-scale, horrific attack on Kyiv shortly after the departure of the US President's peace envoy, causing damage to residential areas and killing at least two people. His ballistic missiles carry more weight than his diplomatic rhetoric. This proves that our allies can no longer postpone any decisions. Every interceptor missile provided to Ukraine now could save a life. It is also time to follow Germany's example and close all so-called "Russian houses" across Europe. Russia's influence network cannot be allowed to continue operating while Russia refuses to end the war. We urge our allies to take action to increase pressure on Russia.

China Passenger Car Association: Tesla exported 36,119 China-made cars in August.

Polish National Aviation Safety Agency: Lublin Airport in Poland is temporarily closed due to military aviation operations.

Polish military: Poland is conducting preventative air operations in response to Russian attacks on Ukraine.

Futures Commentary by Everbright Futures: On September 7th, COMEX gold continued its sideways trading, closing at $4452.0 per ounce, down 0.55%. Domestic SHFE gold futures continued to hover around 960 points in the night session, closing at 954.1 yuan per gram, down 0.04%. 1. News: The US-Canada trade war escalated, with Canada planning to impose tariffs ranging from 15% to 50% on hundreds of US goods on Tuesday. Trump threatened to ban the sale of Bombardier aircraft in the US. Geopolitically, Saudi Aramco oil facilities were attacked again, and traffic in the Strait of Hormuz fell to its lowest level since May. Regarding central banks, China's gold reserves at the end of August were 76.73 million ounces (approximately 2386.57 tons), an increase of 650,000 ounces (approximately 20.22 tons) month-on-month. The People's Bank of China has increased its gold holdings for the 22nd consecutive month. 2. CME data shows that interest rate hike expectations are still rising. If the FOMC does raise rates in September, it will mark a reversal of the policy tone of the easing cycle that has been in place since 2024. However, given the influence of US Treasury bonds, a rate hike would essentially mean that market expectations have been met. Nevertheless, with interest rate hike expectations fluctuating, there is significant uncertainty surrounding the September Fed meeting, and price performance may also be volatile. The US August PPI and CPI data will be released successively from September 10th to 11th, which may provide strong guidance for the Fed's interest rate decision, and the market may experience increased intraday volatility around these data releases.