News

British Foreign Secretary: Israel's E1 settlement expansion plan will create a series of fait accompli that make a two-state solution impossible.

Market news: Gold mining company Solidcore will repurchase up to $1.2 billion worth of its shares.

European Commission President Ursula von der Leyen: The next tranche of €3.2 billion will help Ukraine better protect its airspace from Russian attacks.

Iranian Deputy Speaker: Attacking US warships "only demonstrates a small part of Iran's capabilities."

According to Politico, France is calling on the EU to impose new taxes in order to raise €60 billion.

The Senegalese prime minister said that negotiations are underway with BP to supply liquefied natural gas by 2027.

Canada's national economic confidence index as of September 4 was 51.8, compared to 51.7 previously.

Jake Pashelinsky of JPMorgan Chase's oil trading team believes the probability of a US-Iran agreement has fallen to its lowest level since the start of the war. There are two main possible paths: 1. The Strait of Hormuz remains a conflict zone, potentially extending even after the US midterm elections, with Iran possibly reducing passage through the strait to break the US blockade; 2. The US ends the war and withdraws, allowing Gulf states to decide whether to pay passage fees. This would give Iran control over oil transportation and prices in the strait, allowing it to reap substantial revenue. As long as oil prices remain stable, the easiest option for the US is to maintain the status quo; only further increases in oil prices could force it to change its strategy. Meanwhile, continued US economic pressure on Iran is more likely to escalate than ease tensions. In the long run, higher oil prices, by suppressing demand and reducing global dependence on the region's energy, could alleviate this problem. (The above views are from a JPMorgan Chase report dated September 7th.)

Russian Deputy Prime Minister Novak proposed setting Russia's fuel import quotas in advance.

British officials: Britain's position on the Falkland Islands remains unchanged.

The Central Bank of Ukraine predicts that the Russian attack will increase inflation by 0.4-0.6 percentage points in 2026 due to rising business costs and logistical disruptions.

Market news: The U.S. Department of Energy has finalized a loan of up to $1.9 billion to restart the Duane Arnold Energy Center, owned by NextEra Energy.

The Romanian intelligence agency stated that it had successfully thwarted a sabotage operation against Romanian territory coordinated by Russia.

The U.S. Department of Commerce reached a $100 million deal with D-WAVE under the Chip Act.

JPMorgan's Geopolitical Center believes that the market's sense of urgency regarding the situation has slightly decreased recently because more crude oil is passing through the Strait of Hormuz with US assistance, temporarily controlling oil prices. The team judges that Washington currently believes it can continue to "wait for Iran to make concessions" because Iranian oil exports are near zero, the rial has depreciated by nearly half against the dollar since January, and inflation is close to 90%, making Iran more eager than the US to return to the negotiating table. Two scenarios are possible in the short term: 1. There is a 55% probability of an agreement where both sides have a way out, with mediators facilitating a narrow-scope arrangement similar to previous memorandums of understanding; the near completion of a joint management mechanism for the Strait of Hormuz between Iran and Oman also provides a potential diplomatic outlet. 2. There is a 45% probability that the US will continue to delay until the November midterm elections, forcing Iran to accept conditions more favorable to the US; if this happens, Iran may use missiles and drones to attack the Strait of Hormuz and US military bases in the region to regain leverage in negotiations.

UK bond yields hit a new high since 1998.

Nasdaq ETF Cathay: Trading will be suspended from the opening of the market on September 9, 2026 until 10:30 on the same day.

Google (GOOG.O) has reportedly rolled out changes to its search results in Europe to avoid new EU antitrust fines. Google stated that the changes will lower the quality of search results for European users and increase costs for businesses.

HSBC believes US stocks are undervalued, but soaring bond yields pose the biggest risk to the stock market.

Russian Foreign Minister Lavrov: Russia and Saudi Arabia will continue to maintain close coordination within the OPEC+ framework and reach consensus on common positions.