A · Important
[Overnight global news you need to know on Saturday: traders increased their bets on the Federal Reserve raising interest rates in September; U.S. stocks closed down collectively, and international precious metals fell; Trump said interest rates should be at 1% or 0.5%] 1. The three major U.S. stock indexes collectively closed down. The Dow Jones Industrial Average fell 0.51% and was down 0.27% this week. The Nasdaq fell 0.29% and was up 0.4% this week. The S&P 500 Index fell 0.38% and was up 0.09% this week. The Philadelphia Semiconductor Index rose by more than 3%, with storage and optical communications sectors rising sharply; Tesla's Cybercab update failed to meet expectations, and its stock price fell by nearly 6%. 2. U.S. President Trump said that interest rates should be at 1% or 0.5%; raising interest rates does not ensure the stability of the bond market. 3. The number of non-farm employment in the United States increased by 162,000 in August, which is expected to increase by 55,000. The previous value was a decrease of 23,000. The U.S. unemployment rate was 4.1% in August. 4. After the release of U.S. non-farm payrolls data in August, traders increased their bets on the Federal Reserve raising interest rates in September; they expect the Federal Reserve to raise interest rates by about 38 basis points cumulatively by the end of the year. 5. The "Federal Reserve's mouthpiece" said that the solid August employment data removed a major obstacle on the road to raising interest rates. 6. International precious metals fell, with spot gold falling 0.98% to US$4,429.07 per ounce, down 0.57% this week. Spot silver fell 1.22% to US$66.1650 per ounce, down 0.27% this week. 7. International oil prices rose. WTI crude oil futures closed at US$91.48 per barrel, an increase of 0.20%; Brent crude oil futures closed at US$96.28 per barrel, an increase of 0.8%. 8. Most major European stock indexes closed higher. The European Stoxx 50 index rose 0.19%, the British FTSE 100 index closed flat, the French CAC40 index fell 0.03%, and the German DAX30 index rose 0.17%. 9. Citigroup has significantly postponed its forecast for the timing of the Fed's interest rate cuts. It now expects to cut interest rates by 25 basis points in June, September and December 2027; the previous forecast was October 2026, December and January 2027. 10. U.S. President Trump said in an interview at the White House that the United States may soon attack Iran's "Haoshan" nuclear facility. 11. U.S. President Trump said that U.S. special envoys Witkov and Kushner will submit to Russia a plan to end the conflict between Russia and Ukraine. 12. Ukrainian President Zelensky stated on the 4th that he would not launch air strikes against Russia during the visit of the US presidential envoy. 13. U.S. President Trump will sign an executive order allowing ranchers to process their own beef. 14. The Intercontinental Exchange showed that in the week ended September 1, the net long position of Brent crude oil speculators increased by 37,837 contracts to 261,435 contracts. 15. French and Belgian authorities seized assets worth €65 million in a tax investigation into McKinsey. 16. Anthropic is reportedly exploring building more internal payment and billing infrastructure. 17. AI cloud service company Nscale seeks US$3.5 billion in pre-IPO financing. 18. Google launches Lyria 3.5 music generation model in Gemini applications and APIs. 19. The U.S. federal court rejected the application for a temporary injunction filed by Musk’s xAI company, and Minnesota’s new restrictions on AI “undressing” applications were upheld.
🕐 2026-09-05 06:00

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