Domestic News
1. The Ministry of Commerce and nine other departments issued "Several Policy Measures on Expanding Service Consumption."
2. US President Trump said he will speak with Chinese leaders this Friday. The Ministry of Foreign Affairs responded: "No information is available at this time."
3. Several Philippine government vessels illegally intruded into China's territorial waters around Scarborough Shoal. The Ministry of Foreign Affairs stated: "Do not challenge China's resolve."
4. The Ministry of National Defense responded to the Fujian aircraft carrier's transit through the Taiwan Strait: "This is a normal arrangement during the aircraft carrier's construction process and is not directed at any specific country or target."
5. The Chinese Coast Guard responded to the allegation that a Philippine government vessel deliberately rammed a Chinese Coast Guard vessel engaged in normal law enforcement: "The Philippines' deliberate and provocative actions are egregious in nature, and the responsibility for the collision lies entirely with the Philippines."
6. my country successfully launched a satellite for satellite internet technology testing.
International News
1. Spot gold hit a new record high, surpassing the $3,700 mark. Gold prices have risen significantly since August 20, with a cumulative increase of nearly $400. 2. U.S. retail sales rose 0.6% month-over-month in August, beating the median forecast of 0.2% and the previous reading of 0.50%.
3. The euro/USD exchange rate rose to 1.1836, reaching its highest level since September 2021.
4.
US: ① Trump: No compromise on the 15% auto tariff. ② Documents appointing Milan to the Federal Reserve Board have just been signed and will be transferred to the Fed. ③ Negotiations are underway to establish a $5 billion mining investment fund. ④ The Commerce Department is considering imposing tariffs on more imported auto parts. ⑤ The House of Representatives will vote on a seven-week appropriations bill on Friday. ⑥ The government will appeal the court's ruling against Federal Reserve Board Governor Lisa Cook. ⑦ Europe must stop buying oil from Russia, and Zelensky must reach a deal.
5. The Canadian swap market is pricing in a 93% probability of a Bank of Canada interest rate cut on Wednesday, up from 87% before the CPI release.
6. Russia's oil transportation company issued a production cut warning, citing system storage capacity constraints.
