Source: G20 draft considers "cascading crises" to pose challenges to long-term growth.

According to NHK, Japanese Prime Minister Fumio Kishida will reshuffle his cabinet on September 13.

Brent crude oil hit $90 per barrel, up 0.53% on the day.

U.S. and Burundi oil prices rose by $0.5 in the short term, now trading at $86.53/barrel and $89.92/barrel respectively.

Reliance Group and Nvidia (NVDA.O) will build supercomputing infrastructure for AI.

Russia plans a diplomatic effort to head off more financial sanctions.

Nvidia (NVDA.O) and Reliance Group have reached a partnership to promote artificial intelligence in India. The two parties will jointly develop the basic large-scale language AI; according to the partnership, Nvidia will provide Reliance Group with access to Nvidia GH200 Grace Hopper Superchip and DGX cloud .

G20 summit briefing: All parties will discuss topics such as global economy, trade investment, digital economy, and new infrastructure investment. During this period, we will continue to uphold the multilateral trading system and oppose protectionism and unilateralism. The summit will also discuss climate change and sustainable development, especially in the areas of sustainable and green finance.

G20 Summit Briefing: This summit will continue to pay attention to the global economic situation, promote issues of a global shared future, and focus on boosting global ocean economic growth, innovation, sustainable development and economic governance.

Market news: Russia plans to cut maritime diesel exports by a quarter in September.

Commerzbank: Platinum prices will return to $1,100 an ounce by the end of the year given a record supply gap.

According to Interfax: Volvo’s assets in Russia have been transferred to local investors.

UniCredit Bank does not believe that the Russian ruble’s exchange rate will fall significantly below 100 against the US dollar in 2023.

Yuxin Bank expects the Russian ruble to depreciate at an accelerated rate in 2024, predicting that the Russian ruble will fall to 115 against the US dollar.

According to the Daily Mirror: British Prime Minister Sunak said that we are working hard to reach a trade agreement with India, but this is not a certainty.

The European Stokes 600 index fell 0.7%.

The Hong Kong Observatory has canceled the yellow rainstorm warning.

The Reserve Bank of India: announced a review of the incremental cash reserve ratio requirements and decided to phase out the incremental cash reserve ratio.

National Hurricane Center: Tropical Storm Margot is expected to strengthen.

Market news: Germany will extend the custody period of Russian oil company Rosneft for 6 months.