Sydney:12/24 22:26:56

Tokyo:12/24 22:26:56

Hong Kong:12/24 22:26:56

Singapore:12/24 22:26:56

Dubai:12/24 22:26:56

London:12/24 22:26:56

New York:12/24 22:26:56

2026-09-21 Monday

2026-09-22

23:32:08

US 6-Month Treasury Auction on September 21 - High Allocation Percentage

Previous : 82.50% Forecast : -

Published Value 48.01%

Previous

23:32:07

US 6-month Treasury auction on September 21 - Bid-to-cover ratio (USD billion)

Previous : 2.74 Forecast : -

Published Value 2.62

Previous

23:32:07

US 6-month Treasury auction on September 21 - Total amount (US$ billion)

Previous : 860.53 Forecast : -

Published Value 843.36

Previous

23:32:06

US 6-month Treasury auction on September 21 - winning bid rate

Previous : 4.06% Forecast : -

Published Value 4.16%

Previous

23:32:05

US 3-month Treasury auction on September 21 - Bid-to-cover ratio (USD billion)

Previous : 2.64 Forecast : -

Published Value 2.77

Previous

23:32:05

US 3-Month Treasury Auction on September 21 - High Allocation Percentage

Previous : 13.86% Forecast : -

Published Value 36.66%

Previous

23:32:04

US 3-month Treasury auction on September 21 - winning bid rate

Previous : 3.97% Forecast : -

Published Value 4.01%

Previous

23:32:04

US 3-month Treasury auction on September 21 - Total amount (US$ billion)

Previous : 1002.14 Forecast : -

Published Value 982.14

Previous

23:00:13

[Soaring Oil Prices Impact Midterm Elections, Time Running Out for Republicans] Republican lawmakers have little time left to appease voters angered by inflation, with Capitol Hill witnessing a final act of finger-pointing. Many believe this issue is the biggest political threat facing the Republicans in the midterm elections. Diesel is a primary fuel for trucks and agricultural machinery, and soaring prices have particularly hardened the impact on rural areas and red states. In Iowa, Nebraska, and other states, the Republicans are facing a tougher campaign than anticipated, struggling to retain seats. Some strategists and lawmakers worry that if voters direct their anger at Republican candidates, the party could suffer a disastrous election result. Lawmakers have proposed several solutions, including suspending the federal gasoline tax and imposing a fuel export ban, while acknowledging various practical constraints on such measures. This conflict, which began in February, has become a Achilles' heel for President Trump and his party. Trump had previously promised to end endless overseas wars and to lower prices. With only two weeks remaining in the Senate session before the election, there are currently no plans to vote on suspending the gasoline tax or other measures aimed at lowering fuel prices. Even if the senators pass such a bill, it would be difficult to get it to the president's desk quickly, as the Republican-controlled House of Representatives adjourned last week.

22:03:02

[Tractor Growth in India Expected to Slow Significantly, Insufficient Monsoon a Key Risk] ⑴ The rating agency ICRA warns that the growth rate of tractor wholesale volume in India is expected to slow to 1% to 4% in fiscal year 2027 due to the high base effect and insufficient monsoon, impacting agricultural activity and rural income. ⑵ Tractor wholesale volume saw strong growth of 23.5% in fiscal year 2026, but the growth rate is expected to decline significantly in fiscal year 2027. Downside risks stem from uneven and insufficient monsoon, which could drag down agricultural activity and rural income. ⑶ Tractor wholesale volume increased by 6.5% year-on-year in August, but retail registrations only increased by 0.8%. ICRA states that after nearly 18 months of strong double-digit growth, retail demand is beginning to reflect the unfavorable base, with increased rainfall pressure in some rural areas. ⑷ Monsoon performance remains a key risk to tractor demand in fiscal year 2027. Due to El Niño, as of September 14, 2026, the cumulative rainfall from the southwest monsoon is 85% of the long-term average. (5) The Indian Meteorological Department's first-phase long-term forecast projected total precipitation to be around 4% of the long-term average, but subsequent data showed significant insufficient rainfall across the country. (6) The ICRA warned that continued insufficient rainfall could harm autumn crop production and farm income, thereby discouraging farmers' willingness to invest in tractors and other agricultural machinery, and potentially postponing replacement demand for the remainder of fiscal year 2027, especially given the continued pressure on rural cash flow. (7) Despite the expected slowdown in sales, tractor manufacturers are likely to maintain resilient operating margins; the ICRA stated that operating leverage and stable raw material procurement costs should support profitability. (8) Overall, the tractor industry's growth prospects are closely linked to the monsoon and its impact on farm income. Going forward, attention should be paid to the recovery of rainfall and the strength of rural cash flow in supporting replacement and new machine purchases.

22:00:48

[Pound Sterling's Performance Flat, Focus on Budget Risk and Key Support] ⑴ The pound opened flat on Monday, largely reflecting the overall tone of G10 currencies. Market participants avoided chasing either direction, with energy prices retreating from recent highs providing a modest boost. ⑵ With four to five weeks until the autumn budget on October 28, the focus will increasingly shift to whether governments are willing to make tough decisions to keep the economy on track. ⑶ This information is not new, but since the pound appears to have not priced in much budget risk premium, downside potential will be exposed if the market faces a series of probing policy signals ahead of the budget. ⑷ Chart analysis shows that the pound/dollar pair is attempting to form higher lows after its recent pullback, which could provide a short-term respite. ⑸ However, a break below this level, and a clean break below the late July low of 1.3274, would open the door to a deeper decline towards the 2026 low of 1.3140. ⑹ The path of least resistance remains further range-bound trading with a slight downside bias, unless the pound/dollar pair can hold key support and build momentum. (7) Overall, the pound lacks a directional catalyst in the short term, with budget politics and energy price movements becoming the main variables. Going forward, attention should be paid to the effectiveness of the 1.3274 support level and the repricing of risk premiums by pre-budget policy signals.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

4346.16

-32.13

(-0.73%)

XAG

66.033

-0.213

(-0.32%)

CONC

92.49

-3.59

(-3.74%)

OILC

100.50

-2.70

(-2.61%)

USD

100.430

0.220

(0.22%)

EURUSD

1.1464

-0.0021

(-0.18%)

GBPUSD

1.3368

-0.0025

(-0.19%)

USDCNH

6.6926

-0.0020

(-0.03%)