Hong Kong Stocks Extend Losses; HSTECH Falls 2%; Z.AI Sinks 7%; Alibaba Drops 4%

TradingKey - On Friday, September 11 (ET), the U.S. Bureau of Labor Statistics will release the August Consumer Price Index (CPI), the last major inflation report before the Federal Reserve's September 15–16 policy meeting. Against the backdrop of August nonfarm payrolls coming in significantly stronger than expected, international oil prices surging above $100, and U.S. Treasury yields remaining elevated, this CPI report could directly influence market expectations regarding whether the Fed will raise interest rates in September.

Over 140,000 traders were liquidated in the crypto market as BTC fell for a fourth consecutive session to defend the $78,000 mark, while altcoins crashed.

TradingKey - On September 9, Eastern Time, the three major US stock indices continued to close lower. An escalation in the Middle East conflict pushed Brent crude past $100 per barrel, with rising energy prices further exacerbating market concerns over persistent inflation. Meanwhile, the US 10-year

Oil prices breaching $100 have heightened fears of a second wave of inflation, with the KOSPI approaching 7,000 points, the Nikkei falling below 65,000, and chip stocks declining across the board.

TradingKey - The U.S. Bureau of Labor Statistics will release the August Producer Price Index (PPI) on September 10 at 8:30 a.m. ET. Against the backdrop of significantly stronger-than-expected August nonfarm payrolls, a rising probability of a September Fed rate hike, and international oil prices returning to $100, this release will serve as a crucial indicator for gauging U.S. inflationary pressures this week and offer further insights ahead of the August CPI data due a day later.