Flash News

TREE NEWS reports: The US 10-year Treasury yield fell 4.10 basis points to 4.9551% in New York trading on Monday, September 21. The 30-year yield dropped 3.96 basis points to 5.2857%, while the 2-year yield rose 0.72 basis points to 4.7505% after touching a session low of 4.6990%. The 2s/10s spread narrowed 4.801 basis points to +20.051 basis points.

TREE NEWS update: FIFA President Gianni Infantino said in a letter dated September 21 to the heads of FIFA’s 211 member associations that he will ask the FIFA Council to decide whether to commission an independent external review of the current governance framework for major and strategic FIFA projects.

TREE NEWS update: Donald Trump boarded the US presidential vehicle and departed for the New York City mayor’s residence, where he is scheduled to meet with the city’s mayor. No further details on the agenda or participants were immediately provided.

TREE NEWS update: Canada published draft legislation aimed at accelerating approvals for major projects, requiring federal review and decision-making to be completed within one year of a project proponent submitting a complete application. The bill sets that one-year clock as the target for federal permitting decisions on major projects.

TREE NEWS update: Libya’s National Oil Corporation said it has closed the pipeline carrying crude to the Zawiya export terminal after a sharp drop in production at the Sharara oil field. The state oil company announced the pipeline shutdown alongside the output decline at Sharara, one of the country’s largest fields. No figures for the production loss or a timeline for restoring flows were given.

TREE NEWS reports: The Nasdaq 100 extended its advance to 3%, led by Arm Holdings, up more than 16.7%, alongside Meta at 12.9%, ALAB at 12.7% and Intel at 12.6%. Warner Bros. Discovery rose 10.8%, AMD 9.99%, while Qualcomm and Strategy also gained over 9%. The S&P 500 climbed more than 1.6% and the Nasdaq more than 2.4%, with the semiconductor index up over 4.5%.

TREE NEWS reports: Seven of 11 African central banks due to decide rates over the next two weeks are expected to hold, with three set to hike and one to cut, as policymakers from South Africa to Egypt keep borrowing costs elevated to shield their economies from energy price spikes tied to the Iran war and to support local currencies. EY Africa chief economist Angelika Goliger said the continent’s monetary policy cycle is becoming increasingly uneven.

TREE NEWS reports: The dollar rose 0.33% against the yen to 157.40 in late New York trading on Monday, September 21, within a session range of 156.58-157.53. The yen weakened steadily, touching its session low at 09:26 Beijing time and closing in on its 200-day moving average of 158.42, which it last broke below on September 3. The 50-day average has slipped to 158.97.

TREE NEWS reports: The ICE US Dollar Index rose 0.19% to 100.411 at the New York close on Monday, September 21, trading in a range of 100.179 to 100.451. The index trended higher through the session, staging a V-shaped reversal around 10:00 and 20:00 Beijing time before touching a session low at 20:06. The Bloomberg Dollar Index gained 0.10% to 1204.30.

TREE NEWS update: Israel’s military said an engineering vehicle was hit by an explosion near the “Yellow Line” on the evening of the 21st, with no casualties reported. In response, the Israel Defense Forces said it struck Hamas military infrastructure. The statement was issued by the IDF on the night of the 21st local time.

TREE NEWS reports: CBOT corn futures rose 2.94% to $5.43 a bushel on Monday, September 21, leading a broad rally in agricultural commodities. The Bloomberg Grain Subindex climbed 2.14% to 35.1104 points in late New York trading. CBOT wheat gained 1.65% to $7.26 a bushel and soybeans rose 1.80% to $13.27 a bushel, while lean hogs, live cattle and feeder cattle also advanced.

TREE NEWS update: Qatar Investment Authority and JPMorgan Asset Management plan a $20 billion partnership covering public and private market equity and credit. The planned agreement includes a $15 billion public-market equity mandate supporting QIA’s long-term investment goals and a $5 billion private-market program focused on US middle-market companies. The Qatari fund signed a similar deal with Goldman Sachs several months ago.

TREE NEWS update: Denmark and its autonomous territory Greenland will sign a security agreement with the United States in New York on the 22nd, the Danish Prime Minister’s Office said on the 21st. The deal is intended to strengthen security in the Arctic and North Atlantic region.

TREE NEWS update: The Trump administration has proposed allocating $5 billion to launch an investment fund aimed at rebuilding energy infrastructure in the Gulf. The proposal, announced by the US government, would direct federal money toward the region’s energy facilities. No further details on the fund’s structure or timeline were given.

TREE NEWS reports: The onshore yuan closed at 6.6953 per dollar at 03:00 Beijing time, up 31 pips from Friday’s night session close. Trading volume for the session was $31.199 billion. The move marks a modest strengthening of the Chinese currency against the dollar.

TREE NEWS reports: The Hang Seng Index’s main night session closed up 0.30% at 25,118 points. The Hang Seng Tech Index night session closed up 0.45% at 4,448 points.

TREE NEWS update: Iranian President Masoud Pezeshkian met Pakistan’s Interior Minister Mohsin Naqvi in Tehran on the 21st, saying the two countries can meet their needs by leveraging regional potential. Pezeshkian said Iran hopes bilateral cooperation continues with stronger momentum across all fields, and argued US pressure has paved the way for greater regional integration. Naqvi said Pakistan is determined to expand ties in trade, economy, tourism, politics, culture and science.

TREE NEWS reports: WTI October crude futures settled down $4.52, or more than 4.50%, at $95.78 a barrel, approaching the September 8 close of $93.03 after touching $106.75 on September 15. Middle East Abu Dhabi Murban crude fell 5.70% to $111.20 a barrel. NYMEX October natural gas settled at $2.8360 per million British thermal units, with gasoline at $3.4699 a gallon and heating oil at $4.8895 a gallon.

TREE NEWS reports: Shanghai crude oil futures for the 2611 contract closed the night session down 2.27% at 714.30 yuan per barrel. Shanghai gold futures fell 0.39% and Shanghai silver dropped 0.70% in the same session.