TREE NEWS update: Iranian Foreign Minister Araghchi and Pakistan’s Army Chief held a phone call on Thursday evening to discuss the latest regional situation, focusing on escalating tensions and deteriorating security conditions. Both sides stressed that regional countries must stay vigilant and cooperate to address the situation, and said joint efforts should be used to help achieve lasting peace and security in the region.
TREE NEWS update: Iranian Foreign Minister Abbas Araghchi attended a meeting of parliament’s economic committee, where officials briefed members on the latest regional situation and the progress of talks with Oman. The deputy foreign minister for economic diplomacy reported on the latest state of US sanctions and their impact on Iran’s trade and economy. Araghchi then responded to lawmakers’ questions and concerns.
TREE NEWS reports: The Hang Seng Index main futures contract closed its night session down 0.80% at 24,701 points. The Hang Seng Tech Index main futures contract fell 0.81% in the same session, closing at 4,290 points.
TREE NEWS reports: The United States has expanded its intelligence and targeting support for Saudi operations. The move broadens US assistance to Riyadh’s military activities, extending cooperation on surveillance and strike targeting. No further details on the scope, timeline or specific operations were provided.
TREE NEWS update: The United States has expanded intelligence and targeting support for Saudi operations. This move broadens US support for Riyadh’s military activities and expands surveillance and strike targeting cooperation. No further details on scope, timeline, or specific operations were provided.
TREE NEWS reports: The onshore yuan closed at 6.7115 per US dollar at 03:00 Beijing time, down 44 pips from Wednesday’s overnight close. Trading volume for the session was $36.025 billion.
TREE NEWS update: The onshore yuan closed at 6.7115 per US dollar at 03:00 Beijing time, down 44 pips from Wednesday’s overnight close. Trading volume for the session was 36.025 billion dollars.
TREE NEWS reports: Bitcoin slid in an inflation-driven market selloff, cooling its recent rally. A bearish chart pattern is now set to flip bullish for the first time since November, forming a golden cross. No price levels or dates were specified in the material.
TREE NEWS reports: WTI October crude futures settled at $102.48 a barrel, up $6.43, or more than 6.69%. NYMEX October heating oil closed at $5.0575 a gallon, while October gasoline settled at $3.3932 a gallon and October natural gas at $2.8340 per million British thermal units. Abu Dhabi’s Murban crude fell 0.20% to $116.02 a barrel.
TREE NEWS reports: The Shanghai Futures Exchange crude oil futures 2610 contract closed its night session up 6.19% at 816.00 yuan per barrel. In the same session, Shanghai gold futures fell 1.47% and Shanghai silver futures dropped 5.07%.
TREE NEWS reports: India’s National Stock Exchange (NSE), the world’s largest derivatives exchange operator by trading volume, has cut its initial public offering from 148.9 million shares to 126.44 million shares. The reduced deal size signals mounting investor concern over whether they are willing to subscribe at the valuation the company is seeking.
TREE NEWS reports: Chile’s state copper producer Codelco saw July output fall 4.8% year-on-year to 112,800 tonnes, the Chilean Copper Commission (Cochilco) said. Output at the Collahuasi copper mine rose 12.3% from a year earlier to 38,400 tonnes in the same month.
TREE NEWS reports: WTI crude oil broke above $103 a barrel, gaining 7.25% during the session. The move marks a sharp intraday jump for the US benchmark, which had been trading well below the $100 level. No specific catalyst for the rally was cited in the data.
TREE NEWS update: Iran’s president will travel to India on Friday to attend the BRICS summit. The trip was reported by FARS. No further details on the agenda, bilateral meetings or delegation were provided.
TREE NEWS reports: The US Treasury said it conducted a $5.187 billion liquidity buyback of 10- to 20-year Treasury notes on September 10. The operation fell short of its target, and the 10-year Treasury yield rose 10 basis points to 4.94%.
TREE NEWS update: Canadian Prime Minister Mark Carney said he has spoken with U.S. President Donald Trump in recent days. Carney gave no further details on the timing or content of the call. The two leaders’ contact comes amid ongoing trade and diplomatic tensions between Ottawa and Washington.
TREE NEWS update: US officials are set to declare the cyclosporiasis outbreak over, the Washington Post reported. The declaration marks the end of the parasitic illness outbreak. No further details were immediately available.
TREE NEWS reports: The US medium sour crude grade Mars jumped on Wednesday to its strongest differential against West Texas Intermediate since April, reaching a $6.25-a-barrel premium. The grade has risen by more than $2 a barrel in each of the past two trading sessions. Mars is closely tied to volatility from the Iran war as global buyers seek alternatives to crude supply lost to disruption in the Strait of Hormuz.
TREE NEWS update: Stellantis NV’s CEO said the company’s joint venture with Chinese EV maker Leapmotor is boosting sales and profit in the European market, without giving figures. The JV covers the distribution and, increasingly, local production of Leapmotor vehicles outside China. Stellantis has positioned the partnership as a low-cost route into Europe’s affordable EV segment.
TREE NEWS update: Algeria will close its airspace to all civil and military aircraft registered in the United Arab Emirates starting September 11, the Algerian government decided. The measure covers both civilian and military flights bearing UAE registration.
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