Flash News

TREE NEWS reports: China recorded 5.307 billion domestic tourist trips in the first three quarters of 2026, up 309 million from a year earlier, a 6.2% year-on-year increase. Urban residents accounted for 4.037 billion trips, up 6.6%, while rural residents made 1.270 billion trips, up 5.1%.

TREE NEWS update: SpaceX priced bonds at up to 8.75% as part of a $40 billion credit transaction. The pricing sets the borrowing cost for the company’s large-scale financing package. No further terms of the deal were disclosed.

TREE NEWS update: A spokesperson for the Chinese Embassy in the UK said Europe’s industrial difficulties stem from structural problems including deindustrialization, excessive financialization, insufficient R&D investment and manufacturing relocation driven by short-term capital. Blaming China’s exports for these woes masks policy failures, the spokesperson said, adding that China’s manufacturing has lowered costs and eased inflation for Western consumers.

TREE NEWS update: Brazil’s Treasury canceled its bond auctions scheduled for Oct. 27 and Oct. 29, the ministry said. No reason for the cancellation was given. The two dates had been on the government’s regular debt-sale calendar.

TREE NEWS update: A senior Democratic lawmaker expected to take a key leadership post next year has demanded that major banks and ports preserve all records related to potential imports of Russian diesel or associated transactions. The request covers documentation tied to such trade, though no specific institutions or figures were disclosed. The lawmaker is positioned for a prominent role in the next congressional session.

TREE NEWS update: Iran’s Supreme National Security Council deputy secretary Ali Bagheri said on the 26th that senior officials from Saudi Arabia, Turkey and Pakistan will attend a regional security meeting in Tehran the same day. It marks the first high-level meeting between Iran and the three countries that have signed a joint defense agreement.

TREE NEWS reports: The Brazilian real’s decline against the U.S. dollar widened to 12.2% in spot trading. The move marks a sharp depreciation of the currency, with the loss deepening during the session. No further details on the drivers or timing were provided.

TREE NEWS reports: The Chicago Fed National Activity Index rose to 0.07 in September, beating expectations of -0.1 and up from a revised -0.04 in August. The reading above zero signals the U.S. economy grew at an above-trend pace last month.

TREE NEWS update: French President Emmanuel Macron said in Marseille on October 26 that authorities failed to anticipate the riots that broke out in multiple French cities on October 17, underestimating the scale of far-left groups that began mobilizing in the early morning and leaving police deployments insufficient.

TREE NEWS reports: The Brazilian real fell 8.2% at the spot market open, sliding to 5.42 per U.S. dollar. The move marks a sharp depreciation for the currency at the start of trading. No further details on the drivers or market context were provided.

TREE NEWS reports: JPMorgan has lowered its forecast for the Brazilian real’s exchange rate. The bank did not disclose the new target level or the size of the revision in the available material. The move comes as the real trades under pressure against the dollar.

TREE NEWS update: Chengdu issued implementation rules for completed-home sales, allowing developers to sign deposit contracts with buyers and collect deposits capped at 5% of the total home price after obtaining a construction permit. Developers must declare their intent to sell completed homes in writing to municipal and county housing authorities before receiving the permit. If a developer defaults and cannot deliver on time, buyers may terminate the deposit contract per its terms.

TREE NEWS reports: Bitcoin fell below $80,000 over the weekend as fears over Iran drove selling, with some relief appearing Monday morning as oil and rates declined. A heavy macro week lies ahead, featuring major earnings, an FOMC meeting and key data releases.

TREE NEWS reports: Brazilian real futures fell sharply and hit their trading limit after Luiz Inácio Lula da Silva won the country’s presidential election. The move reflects market reaction to the result, with the contract dropping enough to trigger exchange circuit breakers.

TREE NEWS reports: Brazilian stock index futures fell 15% and hit limit down after Luiz Inácio Lula da Silva won the country’s presidential election. The sharp move in the futures market followed the election result, with the contract dropping to its maximum permitted decline.

TREE NEWS update: UK Prime Minister Burnham said he hopes to see Britain rejoin the European Union in his lifetime, but that the goal remains far off and he will not seek re-entry during this parliamentary term. In an interview aired by ITV on the 26th, Burnham said reality has not met expectations in the decade since the Brexit referendum, with the exit process proving difficult and weighing on the economy while weakening control over immigration.

TREE NEWS update: Ukraine’s Verkhovna Rada on October 26 approved extending the country’s martial law and general mobilization until January 29, 2027. Earlier that day, President Volodymyr Zelensky submitted the bill to parliament to extend both measures by a further 90 days. The vote formalizes the continuation of wartime powers as the war with Russia grinds on.

TREE NEWS update: The Zigui Jiuzhou River anchorage project on the Three Gorges navigation route passed completion acceptance at an on-site verification meeting in Yichang, Hubei. The project is China’s first unmanned smart anchorage on an inland waterway and now enters formal operation, following on-site checks and document reviews.

TREE NEWS reports: Apollo plans to acquire nearly 10% of Mubadala Capital, the alternative asset manager backed by Abu Dhabi, people familiar with the matter said. The deal would deepen Apollo’s ties to one of the Gulf’s largest sovereign-linked investment firms. Terms of the transaction were not disclosed.

TREE NEWS update: Iranian Foreign Ministry spokesman Baghaei said on the 26th in Tehran that whoever wins Israel’s parliamentary election makes “no difference” to Iran. The statement was made during a press briefing. He did not elaborate on specific policy implications.