A PENTAGON official said, regarding the "hall-of-mirrors" effect, focus should be on the economy rather than financial markets.

WALLER said he did not want to give a specific number, but would accept a three-month inf reading of 2.8%.

Domestic News: 1. Xi Jinping holds talks with Egyptian President Abdel Fattah al-Sisi. 2. Pan Gongsheng, Governor of the People's Bank of China, attends the G20 Finance Ministers and Central Bank Governors Meeting. 3. FTSE China A50 Index includes AMEC and Shengyi Technology. 4. According to Shanghai Stock Exchange data, 2.3973 million new A-share accounts were opened in August 2026. International News: 1. The United States and Venezuela sign an oil project agreement. 2. US ADP employment report shows an increase of 38,000 in August, lower than expected. 3. The Japanese yen suddenly surges, sparking speculation about foreign exchange market intervention. 4. The Baltic Dry Index rises to its highest level since the end of 2023. 5. Russian Deputy Prime Minister Novak: There is currently no discussion about OPEC+ production cuts, and there is a shortage in the market. 6. The US Commerce Secretary reveals that the government plans to impose tariffs on chips, providing exemptions for US domestic manufacturers. 7. The Bank of Canada kept its interest rate at 2.25% for the seventh consecutive meeting; the Reserve Bank of New Zealand raised rates by 25 basis points as expected. 8. Federal Reserve – Williams: Inflation trends are slowly declining, yields have not been affected by the inflation outlook, and current interest rate levels are appropriate; Beige Book: The economic outlook is generally positive, but uncertainty is rising. 9. Middle East Situation – ① Trump: Ready to strike Iran again, a new round of strikes against Iran will not “last long.” ② Trump denied “trying to force Iran back to the negotiating table,” saying he “doesn’t care” whether Iran signs an agreement. ③ US media: Fearing a crushing defeat in the midterm elections, Trump’s core aides are pushing for a temporary “low-key” approach to the Iran conflict.