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CH 06UPCOMING15:09 ON TAPE

"EL CIERRE DE WALL STREET" from Cboe FLOOR

Episode summary

The correspondent reports from the Chicago Board of Trade during a triple witching day, when options on indices, futures on indices and options on certain stocks expire simultaneously, creating volatility. The 10-year Treasury yield stands around 5%, a level attractive to institutional investors wary of equity risks amid geopolitical uncertainty and the possibility of President Trump losing the parliamentary elections.

Key market-moving events for the coming week include a meeting between Xi Jinping and Trump (with JPMorgan's CEO attending), Meta's CEO speaking Wednesday evening about AI spending, and the UN General Assembly in New York. The correspondent also notes the potential market launch of Anthropic, which competes with OpenAI. Despite geopolitical tensions involving Iran and disruptions in the Strait of Hormuz and Red Sea, oil prices fell 2% for the week ending 18 September, reflecting weakening Chinese demand and rumours that the US, Israel and Iran may reach an agreement. Bitcoin has risen back to $81,000, while gold fell due to rising interest rates but recovered slightly as oil prices dropped.