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9/12
07:42
The global crude oil market is at a "turning point," with energy analysis firm Energy Aspects warning that oil prices are heading for an "upward spiral" due to accelerated global inventory drawdowns, strong demand recovery from China, and disruptions to shipping in the Middle East.

Amrita Sen, founder of Energy Aspects, stated that global crude oil inventories collectively drew down by 120 million barrels in the past two weeks. China's crude oil imports are expected to reach 10 million barrels per day (bpd) in September, an increase of approximately 3 million bpd from June. Influenced by this, on September 10, WTI crude oil futures closed up 6.69% at $102.48/barrel, and Brent crude oil futures rose 6.34% to $107.63/barrel, both reaching new highs since May 19.

In response to market fluctuations, the Shanghai International Energy Exchange (INE) announced on September 11 that, effective from the close of settlement on September 14, it would raise the daily price limit for crude oil and low-sulfur fuel oil futures contracts to 16% and increase the trading margin ratio. China's National Development and Reform Commission (NDRC) also implemented temporary adjustments to domestic refined oil prices at 24:00 on September 11, raising gasoline and diesel prices by 260 yuan and 250 yuan per ton, respectively, which is lower than the increase that would have been implemented according to the mechanism.

OPEC simultaneously lowered its 2026 demand growth forecast to 380,000 bpd.
07:39
Lebanese President Joseph Aoun stated on Saturday, September 12, in Nabatieh that there would be no new negotiations with Israel at this time. This follows the postponement of the next round of US-brokered talks between Israel and Lebanon, originally scheduled for this month in Rome, to October. The postponement comes as Israeli forces continue to bomb and demolish buildings in southern Lebanon. Israeli Prime Minister Netanyahu and Defense Minister Israel Katz issued a joint statement on Thursday, September 10, vowing that Israeli forces would remain in southern Lebanon to prevent Hezbollah from re-establishing its presence in the region.
07:25
Mexican authorities are investigating a clandestine crypto-mining operation in Puebla suspected of laundering illicit funds, Reuters reports. Police discovered 300 GPUs and extensive power infrastructure, with investigators examining whether electricity was stolen from a nearby dam. This comes as organized crime increasingly expands into digital assets; Chainalysis noted global illicit crypto transactions more than doubled to $154 billion in 2025.
07:06
BNB Chain currently leads with 1.5 million users, followed by Robinhood Chain with 1.2 million and Solana with 647,500, according to Token Terminal data. Token Terminal noted that distribution is rapidly becoming a key battleground for tokenized stocks.
06:55
Goldman Sachs' latest research report on September 11 states that rising interest rates are not the end of the US stock bull market; earnings growth is the key driver. The firm believes that despite the 30-year US Treasury yield surging to a nearly 20-year high of 5.3%, the US stock bull market has a solid foundation as long as corporate earnings remain strong and balance sheets are healthy. Goldman Sachs' analysis indicates that historical data shows the S&P 500's average return was -2% in the initial three months of Federal Reserve rate hikes, but the average return soared to +9% in the 12 months following the hikes. The firm expects the Federal Reserve to raise interest rates by another 25 basis points next week and forecasts S&P 500 earnings per share (EPS) to reach $340 in 2026 (a 24% year-over-year increase) and $385 in 2027 (a 13% year-over-year increase). Goldman Sachs advises companies to enhance earnings growth through AI investments, mergers and acquisitions, and spin-offs to withstand valuation pressure.
06:21
ECB President Christine Lagarde, speaking in Normandy, stated that Europe is facing increasing global volatility, including the Russia-Ukraine conflict, energy shocks, US tariffs, and the Middle East conflict. She noted that since early last year, exports from Eurozone companies affected by US tariffs have fallen by nearly one-fifth. Furthermore, Europe's shortcomings in the digital services single market and cross-border capital flows have led to over 400 companies founded by Europeans, with a combined valuation of approximately $1.8 trillion, developing outside of Europe, and European savings flowing overseas in search of higher returns. Lagarde emphasized that Europe needs to complete the single market and effectively utilize savings to address these challenges.
06:09
U.S. mortgage rates rose for a second consecutive day on Saturday, September 12, 2026, according to Zillow's lender market data. The 30-year fixed rate increased by 8 basis points to 6.91%, the 15-year fixed rate rose by 14 basis points to 6.37%, and the 5/1 ARM rate climbed by 1 basis point to 6.85%.
06:05
The Central Intelligence Agency (CIA) has declassified a series of presidential briefing documents, revealing that U.S. leaders were informed about Osama bin Laden and al-Qaeda in the years leading up to the 9/11 attacks. The documents, covering the period from February 1998 to September 12, 2001, show that the CIA tracked bin Laden's movements, finances, and domestic and international networks. One briefing warned that the organization "could crash an explosives-laden plane into a U.S. city," while other documents mentioned that some individuals in bin Laden's network had received hijacking training and sought materials to create radioactive "dirty bombs." This marks the largest declassification of presidential daily briefings by the CIA to date, but the documents do not provide new information about the attack plans. Instead, they reinforce the view that intelligence agencies possessed a large amount of fragmented information but failed to integrate it in a timely manner.
05:24
Wall Street economists have raised their forecasts for the US August Core PCE after the latest CPI data release. Currently, predictions are generally above 0.20%, with Goldman Sachs expecting 0.26%, Bank of America and Mizuho forecasting 0.30% or higher, and TD Securities projecting 0.32%.
05:10
BRICS members have agreed on a joint declaration condemning unilateral war by any country, four sources told Reuters, though the statement is unlikely to name specific nations. The agreement follows efforts to bridge divisions between Iran and the UAE over the Gulf conflict, with BRICS leaders expected to formally approve the declaration today.
04:57
Voters are weighing issues such as migration, crime, and the economy, with the potential for the far-right Sweden Democrats to enter government for the first time.
04:57
The ministry stated on Saturday that these strikes targeted industrial facilities across Ukraine, including Zaporizhstal and Interpipe Steel complexes. The attacks followed Ukrainian drone launches on industrial facilities in Russia's Samara region.
04:53
Iranian President Masoud Pezeshkian, during his first visit to India, stated that Iran would not succumb to the United States and Israel, emphasizing that Iran has successfully resisted the aggression of both countries. He made these remarks while addressing Indian religious leaders in New Delhi on the eve of the BRICS summit. On Friday, Pezeshkian also met with Indian Prime Minister Narendra Modi, who expressed concern over the safety of seafarers and called for the resolution of Middle East conflicts through dialogue and diplomacy to ensure freedom of navigation and commerce. Since the escalation of the US-Iran conflict on February 28, the transport of oil and other goods through the Strait of Hormuz has significantly slowed, leading to a surge in global crude oil prices.
04:01
Hong Kong-based quantitative trader Ryan Lei now delegates much of his investment research to artificial intelligence. For a recent bet tied to a major technology initial public offering, Lei used Futu’s AI agents to collect data on similar listings over the past decade and analyze their post-debut performances, which informed his short position.

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