Gold fell below the key level of 2500, while the US dollar reached a two-week high and then fell back! There was an explosion in the Afghan capital, Kabul, and a super tanker in the Red Sea was attacked by Saudi Arabia. Hamas hinted that if the Israeli military tries to approach for a rescue, the hostages will be executed... What major events happened globally last night and this morning?
Today's selection.
Biden: Netanyahu did not do enough to reach a hostage agreement.
Hamas hints that if the Israeli army attempts a rescue, the hostages will be executed.
Explosion in the capital city of Kabul, Afghanistan.
United Nations mediates the crisis of the Libyan Central Bank.
Saudi super tanker attacked in the Red Sea.
August Caixin China Manufacturing PMI rises and returns to the expansion range.
The central bank: The standing lending facility interest rate has played the role of the upper limit of the interest rate corridor.
CSSC plans to absorb and merge China Shipbuilding Industry.
Market inventory.
On Monday, the US dollar index fell by 0.08% to 101.65 after hitting a two-week high, as traders awaited US employment data. The yield on the benchmark 10-year US Treasury note closed at 3.9110%; the two-year Treasury note, which is more sensitive to monetary policy, ended at 3.9250%.
Spot gold shook and fell below the $2500 mark, hitting a low of nearly $2490 before closing down 0.14% at $2499.36 per ounce. Spot silver finally closed down 1.16% at $28.52 per ounce.
Due to concerns over the tense situation in the Middle East and the attack on a Saudi super yacht in the Red Sea, WTI crude oil rose by 0.58% to $74.02 per barrel; Brent crude oil closed up 0.34% at $77.25 per barrel.
The US stock market was closed on Monday, September 2nd, due to the US Labor Day holiday.
European stock indices performed unevenly, with the German DAX30 index rising by 0.13%; the UK's FTSE100 index falling by 0.15%; and the Euro Stoxx 50 index rising by 0.30%.
After losing the 18,000 mark last Friday, the Hang Seng Index opened lower in the morning and fell by over 300 points, reaching a low of 17,645.92 points in the afternoon. The decline narrowed slightly and struggled near the 10-day moving average. At the close, the Hang Seng Index fell by 1.65%, to 17,691.97 points. The Hang Seng Tech Index fell by 2.08%, to 3,486.40 points. The turnover of the Hang Seng Index was 112.8889 billion Hong Kong dollars. On the market, most sectors showed green, with coal stocks performing against the market. Most auto stocks fell after the monthly delivery data was released, and semiconductor, mainland real estate, and property management stocks were under pressure. The performance of bank stocks varied. In terms of individual stocks, Agricultural Bank of China (01288.HK) rose by 2.90% after its performance, while Sino-Ocean Group (03377.HK) fell by 14.55%. Nio Inc.
International News
1. Afghanistan's Ministry of the Interior: Explosion in the capital of Kabul, Afghanistan.
2. The United Nations mediates the Libyan Central Bank crisis, and all parties have reached an important consensus.
3. For the first time in history, it is reported that Volkswagen is considering closing factories in Germany to reduce expenses.
4. Russia will cut oil production to the required level by the end of August under the OPEC+ agreement.
5. Zelensky: Ukraine needs the West to not only authorize it to conduct remote strikes against Russia, but also to provide weapons. Ukraine is now more optimistic about the prospect of obtaining permission for remote strikes.
6. Biden says Netanyahu has not done enough to reach a hostage agreement, to which the latter responded that the pressure should be put on Hamas and once again refused to relinquish control of the Philadelphia corridor.
7. Hamas admits responsibility for the deaths of 6 hostages and hints that if the Israeli army attempts to approach to rescue the hostages, they will be executed.
8. The Saudi super tanker Amjad was attacked in the Red Sea, and the identity of the attackers is unknown.
Domestic News
1. In August, the Caixin China Manufacturing PMI rose to 50.4, returning to the expansion range.
2. The central bank: the standing lending facility rate has played the role of the upper limit of the interest rate corridor.
3. The new central enterprise 'aircraft carrier' has arrived, and China Shipbuilding plans to absorb and merge with China Shipbuilding Industry.
4. Dutch Prime Minister expresses stance on exporting chip equipment to China: will weigh interests and risks.
5. The Photovoltaic Industry Association organized a symposium on the bidding price mechanism for photovoltaic power station construction.
6. The State Tobacco Monopoly Administration issued a notice on the revision and implementation of the e-cigarette trading management regulations.
7. The General Office of the State Council issued Opinions on Promoting High-level Opening-up to Facilitate High-quality Development of Service Trade.
8. China Association of Automobile Manufacturers: In August, the nationwide wholesale sales of new energy passenger vehicles reached 1.05 million units, a year-on-year increase of 32%.
9. Wang Liang, CM Bank: No notification has been received regarding the conversion of existing housing loans to mortgages, and the policy has not been confirmed yet.
10. Apple China responds to "iPhone 16 does not support WeChat": Actively communicating with Tencent on the issue of application store commissions.
Risk warning.
☆21:45, the United States announced the final value of the S&P Global Manufacturing PMI for August, with both the expected value and the previous value at 48.
☆22:00, the United States announced the ISM Manufacturing PMI for August, with a market expected value of 47.5 and a previous value of 46.8.