TREE NEWS reports: Wall Street and Washington are increasingly concluding that the sharp rise in US Treasury yields may mark a fundamental regime shift rather than a temporary bond selloff, with the 5% level seen as a possible new normal or even a floor. The reassessment follows yields breaking through successive highs, a move with broad implications for global asset pricing.
TREE NEWS reports: The euro extended gains against the Swiss franc on the day, climbing 0.3% to 0.9451 and touching its intraday high. The move marks a firmer session for the single currency versus the franc, with the pair holding at the 0.9451 level at the time of the reading.
TREE NEWS update: Ukrainian President Volodymyr Zelensky said Ukraine struck two Russian oil refineries overnight. He gave no further details on the location of the refineries or the extent of the damage. The statement marks the latest in a series of Ukrainian strikes on Russian energy infrastructure.
TREE NEWS update: New York Federal Reserve President John Williams said persistent supply shocks cannot be ignored, warning that such disruptions remain a factor for the US economy. The remark, delivered without further policy detail, points to continued attention on supply-side pressures. Williams did not indicate any change in the Fed’s policy stance.
TREE NEWS update: The Kremlin said talks involving Russia, the United States and Ukraine could take place soon, but no date has been fixed. No further details on venue, format or participants were given.
TREE NEWS update: Bank of England Governor Andrew Bailey said artificial intelligence may act as a positive supply shock at a time of negative supply shocks. Bailey noted that energy price pass-through is currently fairly modest but still at an early stage, and that the longer high energy prices persist, the harder it becomes to maintain a hold on interest rates.
TREE NEWS update: China’s Ministry of Industry and Information Technology said its Radio Regulation Bureau and Norway’s Communications Authority held their second inter-administration satellite network coordination talks in Oslo from Sept. 21 to 23. Under the ITU Radio Regulations framework, the two sides negotiated more than 30 issues covering multiple high- and low-orbit satellite systems, including fixed and mobile satellite services across the L, S, C, X, Ku, Ka and Q/V bands. They reached several points of consensus and signed meeting minutes.
TREE NEWS reports: The US dollar fell as much as 0.8% against the Japanese yen on an intraday basis, touching 157.67. The move marked one of the session’s sharper swings in the dollar-yen pair, with the greenback giving up ground before settling near the day’s low.
TREE NEWS update: Iranian President Masoud Pezeshkian said on the 24th that Iran “completely” does not want nuclear weapons and is willing to lower its uranium enrichment level and accept inspections within the framework of international law. He said Iran did not choose war and does not seek it, adding that war was imposed on the country. On the previously signed Iran-US memorandum of understanding, Pezeshkian said the agreement has been signed and Iran remains willing to keep advancing on that basis.
TREE NEWS update: Japanese Prime Minister Sanae Takaichi said she told US President Donald Trump that the yen’s undervaluation is a problem. She added that monetary policy and fiscal policy were not discussed with Trump. The remarks address the currency’s weakness, a sensitive issue for Japan amid trade and rate differentials with the United States.
TREE NEWS update: Iranian President Masoud Pezeshkian said on the 24th that Iran “completely” does not want nuclear weapons and is willing to lower its uranium enrichment level and accept inspections within the framework of international law. Pezeshkian said Iran did not choose war and does not seek it, adding that war was imposed on Iran. On the previously signed Iran-US memorandum of understanding, he said the “agreement has already been signed” and Iran remains willing to keep advancing on that basis.
TREE NEWS reports: Dutch near-month wholesale natural gas prices fell 5.07% to €71.30 per megawatt-hour. The decline marks a drop in the front-month contract for the Dutch TTF hub, the European benchmark for gas trading.
TREE NEWS update: Iranian Foreign Minister Araghchi said on September 24 during the UN General Assembly general debate that Iran has handed the United States a new negotiating draft to “reopen” the Strait of Hormuz and restart talks. People familiar said US and Iranian negotiators in New York are discussing a phased agreement under which Iran would reopen the strait in exchange for the US lifting its economic blockade. Araghchi declined to give details, saying terms fall within the June memorandum of understanding.
TREE NEWS update: Russia’s Central Election Commission chair Ella Pamfilova announced the final results of the ninth State Duma elections at a press conference on September 25. The ruling United Russia party won 349 seats, followed by the Communist Party with 37, the Liberal Democratic Party with 23, New People with 19, A Just Russia with 17, Rodina with 1, and four self-nominated candidates with one seat each.
TREE NEWS reports: Nasdaq 100 index futures gained 0.6% on Tuesday, touching an intraday high. The move reflects firmer demand for US technology stocks in pre-market trading.
TREE NEWS reports: Brent crude fell more than 2% intraday, dropping below $98 a barrel, while WTI slid 2.5% to $92.24 a barrel. The declines mark a sharp intraday pullback in both benchmarks.
TREE NEWS reports: The International Monetary Fund said global private-sector AI investment could exceed $2 trillion in 2026, with AI-related investment expected to contribute about 0.5 percentage points to US GDP growth in 2025. In its annual report, the IMF said AI may become a major driver of global productivity and investment growth, while also intensifying labor-market pressure and posing financial risks.
TREE NEWS update: Iraq’s Najaf airport has suspended all flights to and from Iran. The suspension covers every service between the airport and Iranian destinations. No reason for the halt or duration was given in the announcement.
TREE NEWS reports: Spot silver climbed 1.00% intraday to trade at $64.49 an ounce. The move marks a fresh gain for the metal, which has drawn steady demand as a precious-metal hedge alongside gold.
TREE NEWS reports: The IMF’s latest annual report, citing external estimates, said private-sector-led global AI investment could exceed $2 trillion this year, one of the strongest drivers of economic growth in recent years. AI-related tech investment added an estimated 0.5 percentage points to US GDP growth in 2025. The IMF warned that as infrastructure and projects scale up, some high-cost investment increasingly relies on debt financing, risking sharp asset valuation adjustments, wealth losses and layoffs if returns disappoint.
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