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On September 15th, Morgan Stanley joined other major Wall Street banks in adopting a more hawkish outlook on Federal Reserve interest rates, predicting a rate hike later this year and another by the European Central Bank (ECB). These forecasts come as the Fed and Bank of Japan make policy decisions this week, and the ECB resumed its tightening cycle a few days ago, keeping global markets focused on the interest rate outlook. Morgan Stanley expects the Fed to raise rates by 25 basis points at its September 15-16 meeting and then by another 25 basis points in December, due to recent higher-than-expected inflation data. In a report on Monday, the brokerage stated that the deleveraging process is “slower and less convincing than policymakers might demand,” prompting its prediction of two rate hikes this year. The bank stated, “We see reasons for both raising rates and holding rates steady, but signs of a second-round effect on energy prices, strong demand linked to AI-related investments, potentially temporarily higher neutral rates, and concerns about credibility mean the balance of risks now leans towards a slightly more restrictive policy.”On September 15th, Alibaba Cloud announced that it will discontinue the use of general vouchers for Qoder CN products starting September 30th, 2026. Official Alibaba Cloud vouchers will no longer be usable for purchasing or offsetting fees for Qoder CN products. Qoder CN is Alibaba Clouds AI-powered intelligent agent product series, covering diverse scenarios in software development and daily office work. It includes sub-products such as Qoder CN (including IDE and JetBrains plugins) for coding scenarios, QoderWork CN (desktop application) for daily work, Qoder CN CLI (native terminal form), QoderWake CN (digital employee), and Qoder Cloud Agents (cloud-based agent platform).Trafigura: The market needs more U.S. liquefied natural gas, which is the lowest-cost liquefied natural gas at current prices.On September 15th, the Ministry of Agriculture and Rural Affairs issued the "National Crop Production Development 15th Five-Year Plan". The plan proposes that by 2030, comprehensive grain production capacity will steadily improve, firmly safeguarding the bottom line of basic self-sufficiency in cereals and absolute security in staple food. The production capacity of soybeans, oilseeds, cotton, and sugar crops will be consolidated and improved, maintaining a reasonable level of self-sufficiency. The supply of vegetables, fruits, and tea will be balanced, diverse, and of high quality and safety, with diversified supply better matching consumer demand. Efficient water-saving agriculture will steadily develop, fertilizers and pesticides will be applied scientifically and precisely, and the level of green production in the crop production industry will continue to improve. Monitoring and early warning of agricultural conditions and disasters will be more accurate, the capacity for agricultural disaster prevention, mitigation, and relief will be comprehensively enhanced, and significant achievements will be made in the high-quality development of the crop production industry.On September 15, Foreign Ministry Spokesperson Guo Jiakun held a regular press conference and stated that the Spratly Islands, including Mischief Reef, Subi Reef, and Zhongye Island, are inherent Chinese territory. Chinas construction and other activities on its own territory are matters within its sovereignty and are legitimate and lawful. The territorial boundaries of the Philippines are clearly defined by a series of international treaties, and the Spratly Islands have never been within the Philippines territory. According to the international law principle of "land dominion over the sea," the Philippines claims to so-called maritime jurisdiction over China are illegal. The absurdity and arbitrariness of the Philippine claims are completely untenable. We want to reiterate that China will continue to take resolute measures to safeguard its territorial sovereignty and maritime rights and resolutely oppose all acts of infringement.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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