EUR/USD
1.18711
0.036%
Gold
3694.42
0.125%
Oil
64.243
0.115%
USD/JPY
146.383
-0.044%
GBP/USD
1.36542
0.070%
GBP/JPY
199.878
0.032%
Real-time News
Japans annual merchandise exports in August were -0.1%, in line with expectations of -1.90% and the previous reading of -2.60%.On September 17th, the Russian Ministry of Defense released a combat report on the 16th, stating that over the past day, multiple Russian army groups continued to strike Ukrainian forces in Sumy, Kharkiv, Donetsk, and Zaporizhia. Russian forces destroyed Ukrainian fuel depots, a Western logistics distribution center for weapons and equipment supplied to Ukraine, and storage and launch sites for long-range drones. The Ukrainian Armed Forces General Staff also reported that in the early morning hours of the 16th, Ukrainian special operations forces, in coordination with other IDF units, once again carried out precision strikes against a refinery in Saratov Oblast, Russia. An explosion and fire occurred in the target area, the details of which are still under investigation. Ukrainian forces claim the refinery supplied petroleum products to Russian forces for combat operations.Recent Google searches in the United States for "help with mortgage" have surpassed those during the 2008 financial crisis.1. The three major U.S. stock indices closed slightly lower, with the Dow Jones Industrial Average down 0.27%, the S&P 500 down 0.13%, and the Nasdaq down 0.07%. UnitedHealth Group fell over 2%, and Nvidia fell over 1%, leading the Dow lower. The Wind US Tech 7 Index rose 0.01%, with Tesla up nearly 3% and Facebook up nearly 2%. Most Chinese concept stocks rose, with NIO up over 8% and Baidu up nearly 8%. 2. U.S. Treasury yields fell across the board, with the 2-year Treasury yield down 3.15 basis points to 3.495%, the 3-year Treasury yield down 2.49 basis points to 3.469%, the 5-year Treasury yield down 1.56 basis points to 3.585%, the 10-year Treasury yield down 0.58 basis points to 4.028%, and the 30-year Treasury yield down 0.19 basis points to 4.652%. 3. International precious metals futures closed mixed, with COMEX gold futures up 0.23% at $3,727.50/oz and COMEX silver futures down 0.19% at $42.88/oz. Analysts indicate that a weakening US dollar, rising expectations of a Federal Reserve rate cut, geopolitical risks, and industrial demand are supporting precious metals prices, though some contracts have fallen due to policy uncertainty. 4. International oil prices rose strongly, with the main US crude oil contract closing up 1.97% at $64.55/barrel, and the main Brent crude oil contract up 1.59% at $68.51/barrel. Ukraines intensified attacks on Russian oil infrastructure have raised supply concerns. Meanwhile, a 3.42 million barrel drop in US API crude oil inventories, far exceeding expectations of a 1.565 million barrel drop, further supported oil prices. 5. Most base metals closed higher in London. LME nickel futures rose 0.06% to $15,445/ton, LME aluminum futures rose 0.43% to $2,712/ton, and LME tin futures rose 0.32% to $34,750/ton. LME copper futures fell 0.68% to $10,117/ton. Data released by the London Metal Exchange (LME) showed that nickel inventories have accelerated in the past two weeks. On September 16, LME nickel stocks increased by 1,950 tons to 226,400 tons, a four-year high.On September 17, the U.S. government officially launched the process of reviewing and possibly renewing the 2020 North American Free Trade Agreement on Tuesday, soliciting opinions from the public, businesses, and unions on the agreement. The request from the Office of the United States Trade Representative solicits opinions on a wide range of issues related to the USMCA, including compliance, issues affecting the investment environment, and strategies to "enhance North Americas economic security and competitiveness." Comments must be submitted within 45 days of the notice being published in the Federal Register, and the Office of the United States Trade Representative will hold a public hearing on the agreement on November 17. According to the law, public comment and hearings are required before the formal joint review of the USMCA begins. The joint review is scheduled to start on July 1, 2026.
