Flash News

TREE NEWS update: New York City Mayor Mamdani met with Brazilian President Luiz Inácio Lula da Silva ahead of the United Nations General Assembly. The meeting took place before the assembly’s proceedings, though no further details on the agenda or outcomes were disclosed.

TREE NEWS update: Russia’s government has waived its grain export duty, with the exemption set to run through the end of 2026. The measure removes the tax on grain shipments leaving the country for the duration of the period. No further details on scope or covered volumes were disclosed.

TREE NEWS reports: Bank of Canada Governor Tiff Macklem said elevated fuel profit margins may take time to normalize and called the situation concerning because it makes overall inflation more persistent. He expects inflation to edge slightly higher in coming months, adding that the central question now is whether the current interest rate level is appropriate or whether rates need to rise.

TREE NEWS reports: Bitcoin crossed $86,000 for the first time since late January, with analysis describing the crypto market as being in a ‘new bull market.’ The move came as falling oil prices and supply concerns lifted US stocks.

TREE NEWS update: Yemen’s Houthi movement said Saudi Arabia launched 157 airstrikes and missile strikes on the provinces of Al-Jawf, Taiz, Saada and Marib, using F-15 and Typhoon fighter jets flying from Khamis Mushait and Taif air bases, alongside missiles from Najran and Jizan. The Houthis said total strikes since the current escalation began have reached 917, and that the “major aggression” will be answered.

TREE NEWS reports: S&P Global Ratings said in a report on Monday that banks’ use of artificial intelligence will increasingly affect their credit ratings in the coming years. Whether banks ultimately benefit or are hurt will depend on the maturity of their AI strategies and the strength of their governance frameworks, the rating agency said. S&P noted that banks differ in the pace of AI adoption, governance maturity and operational readiness.

TREE NEWS update: A US diplomat met with a senior Houthi official and received assurances that the armed group does not intend to blockade the Bab el-Mandeb strait. The meeting and the guarantee were reported by Israel’s N12 News. No further details on the timing or location of the talks were given.

TREE NEWS reports: Eurozone sovereign bond yields fell broadly on Monday, with French, Italian and Greek 10-year borrowing costs each dropping more than 9 basis points. Germany’s 10-year yield fell 6.1bp to 3.458%, while the 2-year dropped 6.7bp to 3.213%. France’s 10-year slid 9.2bp to 4.473%, Italy’s fell 9.7bp to 4.337%, Spain’s dropped 8.4bp to 3.914% and Greece’s declined 9.3bp to 4.219%.

TREE NEWS reports: President Trump considered ordering a strike on Yemen’s Houthi forces over the weekend but has decided against taking action for now, two senior US officials told News 12. No further details on the timing or scope of the contemplated operation were provided.

TREE NEWS update: The interior ministers of Iran and Pakistan held talks on the peace process, Iran’s state news agency ISNA reported. No further details on the timing, location or outcome of the discussions were given. The two neighbors share a long border and have previously clashed over cross-border militancy.

TREE NEWS reports: Germany’s leading economic research institutes raised their 2027 growth forecast for the German economy to 1.1%, up from a previous estimate of 0.9%. The same group lifted its 2026 forecast to 1.3% from 0.6%.

TREE NEWS reports: UK two-year gilt yields dropped 8.8 basis points to 4.751% on Monday, September 21, in late European trading, after declining steadily between 15:00 and 18:30 Beijing time and then fluctuating at lower levels. The 10-year yield fell 8.3 basis points to 5.212%, while the 30-year yield slipped 5.3 basis points and the 50-year yield 1.4 basis points. The 2/10-year spread widened 0.458 basis points to +45.961 basis points.

TREE NEWS reports: Turkey is considering consolidating assets from more than 100 funds frozen by regulators last week into a single pool to repay investors, a person familiar with the matter said. The plan is still at an early stage and may change. Last week the Capital Markets Board ordered the liquidation of 131 funds holding over $18 billion in investments and involving about 350,000 investors, after a wave of defaults shook the market.

TREE NEWS reports: Bitcoin has rallied through an eight-month ceiling, driven by a short squeeze and falling oil prices. The next three weeks will determine whether the breakout holds.

TREE NEWS reports: Bitcoin rose as high as $86,355 on Coinbase, its strongest level since Jan. 29, in a move that began in the 8 a.m. UTC hour and ran through the U.S. open. West Texas Intermediate crude fell 8.1% while the Nasdaq Composite gained 1.6%. Perpetual funding sits near zero.

TREE NEWS reports: WTI crude fell 4.00% intraday to $91.45 a barrel, while Brent dropped more than 3.2% to $96.50 a barrel. The sharp intraday decline in both benchmarks came on September 21.

TREE NEWS reports: US stocks moved higher intraday on September 21, with the Nasdaq gaining 1.18%, the Dow Jones Industrial Average up 0.30% and the S&P 500 up 0.54%. All three major indices rose together during the session.

TREE NEWS update: Guangzhou Housing Provident Fund Management Center released a draft notice on optimizing provident fund withdrawal policy and opened it to public comment from September 18 to September 29, 2026. The draft sets out seven measures, including relaxing conditions for home-purchase withdrawals, streamlining rental withdrawals, and allowing withdrawals for urban old-housing self-renewal, home renovation and property management fees.

TREE NEWS update: JPMorgan CEO Jamie Dimon is traveling to India this week as the Wall Street bank expands its push into the market, expecting further growth in local deal activity. Dimon will attend JPMorgan’s annual investment conference in Mumbai and meet executives of major Indian conglomerates there. He has visited India regularly in recent years, while the bank keeps adding staff in investment banking and payment solutions locally.

TREE NEWS update: China’s first white paper on the quality of life of gastric cancer patients was released at the 2026 annual meeting of the Chinese Society of Clinical Oncology (CSCO). Over half of patients (55.2%) are diagnosed at stage III or IV, and 69.0% are diagnosed after seeking care for symptoms, with 39.8% of those delaying medical visits. The white paper was initiated by the Beijing Bethune Charitable Foundation and executed by patient platform Mijian.