TREE NEWS update: UK Prime Minister Burnham said he has established a good relationship with US President Donald Trump. The statement was made without further detail on the timing or setting of the two leaders’ contacts. It marks the British premier’s public characterization of his working ties with the US president.
TREE NEWS update: US President Donald Trump said UK Prime Minister Burnham would be a great prime minister. Trump also said the two discussed energy, immigration and Rolls-Royce. The remarks were made without further detail on timing or venue.
TREE NEWS update: US Senator Dan Sullivan of Alaska called for a suspension of US diesel exports. The move would target outbound shipments of the refined fuel, though no details on scope, duration or mechanism were given. Sullivan’s call comes amid ongoing attention to US fuel supply and export policy.
TREE NEWS update: UN Secretary-General Antonio Guterres told the 81st UN General Assembly general debate on September 22 that the world is moving “irreversibly” toward multipolarity as geopolitical divisions deepen, inequality rises, and challenges from climate change and artificial intelligence mount. He said multipolarity could develop either toward fragmentation, tension and zero-sum competition, or toward a “networked multipolar” order in which multiple centers of influence coexist under international law and agreed rules.
TREE NEWS reports: France’s 10-year government bond yield rose 3.3 basis points to 4.505% in late European trading on Tuesday, September 22, outpacing gains across other euro-area debt. The German 10-year Bund yield added 0.5bp to 3.463%, while the two-year Schatz rose 1.3bp to 3.226% and the 30-year Bund edged up 0.7bp to 3.811%. The 2/10-year Bund spread narrowed 0.625bp to +23.292bp.
TREE NEWS reports: Iran plans to continue detaining ships until they pay a 20% penalty tied to the Strait of Hormuz, Iranian media reported. No timeline, list of vessels or legal basis for the charge was given, and no authority specified how the penalty would be collected or which ships are affected.
TREE NEWS update: Iran’s parliament is reviewing a draft bill titled the Strategic Action for Ensuring the Security and Sustainable Development of the Strait of Hormuz and the Persian Gulf, which would impose fines of up to 20% of cargo value on vessels found in violation. The bill remains under parliamentary review.
TREE NEWS update: China’s National Immigration Administration said on Sept. 22 that it will roll out more immigration and exit-entry facilitation policies to serve advanced manufacturing, following a party group meeting in Beijing. The measures target enterprises’ talent needs, plus faster port visas, transit visa-free and regional entry visa-free policies, and expanded smart and expedited customs clearance.
TREE NEWS update: Ukraine’s Third Army Corps said it deployed ground robots behind Russian front lines for the first time, in an operation in northern Donetsk. 20 Telegram post. The corps said the robots, dropped by air, moved first while air defense and electronic warfare blinded Russian drones. The claim, reported Sept. 21, could not be independently verified.
TREE NEWS reports: Fitch Ratings raised its 2027 Brent crude price forecast to $70 a barrel and lifted its TTF natural gas price assumption, citing disruption to liquefied natural gas shipments through the Strait of Hormuz. The agency said Brent prices are expected to fall once capacity on Saudi Arabia’s East-West oil pipeline is restored.
TREE NEWS reports: Bitcoin held above $86,000 as a new support level, avoiding a deeper sell-off, after oil prices fell below $90 a barrel. The move followed US President Donald Trump’s pledge to reach a deal with Iran after November’s midterm election. The $86,000 level is being watched as near-term support for the largest cryptocurrency.
TREE NEWS reports: UK 10-year gilt yields rose 3.0 basis points to 5.241% in late European trading on Tuesday, September 22, staging a V-shaped reversal after a sharp intraday drop before 17:00 Beijing time. The 2-year yield also climbed 3.0 bps to 4.781%, while the 30-year and 50-year yields gained 3.9 bps and 4.9 bps respectively. The 2s/10s spread narrowed 0.253 bps to +45.616 bps.
TREE NEWS update: The White House published an agreement between the United States and Denmark concerning Greenland. The text of the document was released by the White House, which announced the agreement between the two countries over the territory. No further details on the terms or scope of the agreement were included in the release.
TREE NEWS update: The United States and Denmark have reached a Greenland agreement under which the US is permitted to establish military bases at Narsarsuaq and Mestersvig. The deal grants Washington basing rights at the two locations on the Danish territory.
TREE NEWS update: Turkish President Recep Tayyip Erdogan said no person with a conscience can remain indifferent to what is happening in Gaza, adding that the United Nations can no longer fulfill its duty of maintaining peace. Erdogan made the remarks in comments carried in the material.
TREE NEWS update: Saudi Aramco plans to restructure its operations and establish a new gas division, with the company considering a separate listing of the relevant business unit. The restructuring would carve out gas operations into a standalone entity that could be floated on the public market. No timeline or further details were disclosed.
TREE NEWS update: The United States signed a security agreement with Denmark and its autonomous territory Greenland on September 22. Nine copies of the agreement were signed in total, with each party holding a Greenlandic-language, a Danish-language and an English-language version.
TREE NEWS update: French Finance Minister Lescure said France’s energy supply is sufficient to last two months. The statement addresses the country’s near-term energy security, indicating current reserves can cover roughly the next two months of demand. No further details on sourcing or contingency measures were provided.
TREE NEWS reports: The US Treasury auctioned six-week bills at a high yield of 3.870%, with a bid-to-cover ratio of 3.03. The auction drew bids worth 3.03 times the amount offered, a gauge of demand for short-dated government paper.
TREE NEWS reports: Germany’s DAX 30 index provisionally closed up 0.18% at 25,620.78. France’s benchmark ended 0.3% higher, while Italy’s index provisionally fell 0.28% and the UK’s index slipped 0.11%. The mixed session left European equities without a single direction.
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