The New Zealand dollar fell more than 0.50% against the US dollar NZD/USD during the day and is now at 0.5784.

Domestic News: 1. Xi Jinping: By 2035, China's economy-wide net greenhouse gas emissions will be reduced by 7% to 10% from their peak. 2. Li Qiang met with European Commission President Ursula von der Leyen. 3. Alibaba announced a collaboration with Nvidia on physical AI. 4. Minister of Commerce Wang Wentao convened a roundtable meeting with some Chinese companies in the United States. 5. On September 25, the central bank will conduct a 600 billion yuan MLF operation with a one-year term. 6. The Ministry of Commerce and nine other departments issued "Several Policy Measures on Promoting Service Exports." 7. China will not seek new special and differential treatment in current and future WTO negotiations. 8. The National Press and Publication Administration announced the approval of domestic online games in September, with 145 games approved. 9. The national nuclear fusion team will build a new high-temperature superconducting fusion device in Shanghai, named "Hua Liu No. 4." 10. The Ministry of Commerce and eight other departments jointly issued the "Guiding Opinions on Vigorously Developing Digital Consumption and Creating a Better Life in the Digital Age." International News: 1. Oil exports through the Iraq-Turkey pipeline are about to resume. 2. Trump is rumored to plan to visit Japan before attending APEC in South Korea next month and may meet with the new Japanese Prime Minister for the first time. 3. Sources familiar with the matter: Intel is seeking investment from Apple and has also approached other companies. 4. The Kremlin: Trump is a businessman who is trying to force the world to pay higher prices for American oil and natural gas. 5. Overnight Market - Spot gold retreated sharply, falling over 1%, crude oil rose 2.5%, the Chinese concept stock index rose 2.8%, Alibaba rose over 8%, and the US dollar index rose 0.6%. 6. Federal Reserve - ① This year's voting member Goolsbee warned against a series of rate cuts, expressing continued concerns about inflation and stating that he would not support a rate cut at the next meeting. ② Daly: With economic growth and labor force slowing, and inflation falling below expectations, further rate cuts may be necessary. ③ U.S. Treasury Secretary Bensonte: Powell should have signaled a 100-150 basis point rate cut. The Fed is seeking an open-minded successor to the Fed Chair. 7. Tariffs - ① The United States officially lowered its auto tariff on EU goods to 15%, effective August 1, 2025. ② EU officials: Tariffs on Russian oil will be proposed at an appropriate time, bypassing objections from Hungary and Slovakia. ③ The United States launched a Section 232 investigation into imported medical devices, industrial machinery, and other items. ④ Brazilian President Lula: I believe all issues will be resolved when I meet with Trump.

Ukrainian President Zelenskyy met with French President Emmanuel Macron to discuss the use of frozen Russian assets for Ukrainian interests and further strengthening of sanctions against Russia, especially its shadow tanker fleet.