Flash News

TREE NEWS reports: Speculative net long positions in ICE Brent crude fell by 48,110 contracts in the week to November 10, leaving 133,860 lots outstanding, the lowest in four months. The decline marks a sharp pullback in bullish bets on the benchmark crude.

TREE NEWS reports: Goldman Sachs downgraded Brazilian equities to neutral and raised its rating on Mexican stocks, the bank said in a research note. The dual move shifts the firm’s stance on Latin America’s two largest equity markets. No further detail on the rationale or the prior ratings was provided.

TREE NEWS update: Mythos, a software company operating a platform for nonprofits, sued Anthropic in U.S. federal court in Virginia on Friday, alleging that Anthropic’s use of the name “Mythos” for its AI model infringes its trademark. Mythos said the model will cause market confusion and “significant and irreparable harm,” and asked the court for unspecified damages and an order barring Anthropic from using the name.

TREE NEWS reports: TD Securities senior commodity strategist Ryan McKay said gold is increasingly vulnerable to a repricing of Federal Reserve rate-hike expectations, as short-term incremental buying from bullish camps such as macro hedge funds, ETFs and central banks has been sparse. Gold still has strong support, however, because there is little sign that broad non-trend-follower positioning has capitulated, and depressed prices could reignite buying from investors still targeting long-term currency debasement and de-dollarization themes.

TREE NEWS reports: Gold is set for its worst weekly performance since early June, falling 4.6% this week after touching a 13-month low in the prior session, as traders bet that persistent energy-driven inflation will push the Federal Reserve to tighten policy further. The metal edged higher on Friday but remains on course for its steepest weekly decline since June.

TREE NEWS update: Federal Reserve Chair Warsh is seeking answers on whether artificial intelligence will lower prices or keep inflation elevated, the Fed said. The question could shape interest rates and the outlook for crypto, with Bitcoin potentially feeling the impact. The Fed is examining the issue as part of its inflation assessment.

TREE NEWS reports: Shanghai Futures Exchange crude oil futures for the 2701 contract closed night trading up 1.63% at 617 yuan per barrel. In the same session, Shanghai gold futures fell 0.21% and Shanghai silver futures dropped 2.16%.

TREE NEWS reports: MiniMax dropped 10.1% over the past 24 hours and is now trading at 19.35 USDT, market data show. The decline marks a sharp single-day move for the token, which last changed hands at that level.

TREE NEWS reports: Metaplanet swung to a $170 million loss, with Bitcoin sales, valuation losses and rising borrowing costs weighing on earnings despite higher revenue and operating profit. The Japanese company’s results reflect the impact of its Bitcoin-related activities on its financial performance.

TREE NEWS update: The minimum order size for in-kind bitcoin ETF transactions has dropped to $1 million, down from $50 million a year ago, Bitwise CEO Hunter Horsley said in a post on X. Horsley credited his team and partners for expanding access to participation channels.

TREE NEWS update: China’s State Council pledged at an executive meeting on Nov. 6 to improve the capital market’s stabilization mechanism, signaling fresh policy support for A-shares. Institutional investors said that wider channels for medium- and long-term capital to enter the market and a more complete toolkit of stabilization tools should help the A-share market better withstand external shocks and smooth volatility.

TREE NEWS reports: The Federal Reserve’s overnight reverse repurchase agreement (RRP) facility saw $325 million in usage on Friday, Nov. 13, with one counterparty, up from $250 million the previous trading day. The RRP facility is used by eligible counterparties to park cash with the central bank overnight at the Fed’s administered rate.

TREE NEWS reports: Net flows into US spot bitcoin ETFs measure additions to funds minus withdrawals, not all share trading or changes in asset value. The metric tracks capital moving in and out of the funds but cannot, by itself, explain bitcoin’s price. Readers should treat flow data as one input rather than a standalone price signal.

TREE NEWS update: BitGo said disputed wallet transfers at Unocoin used keys held by the Indian exchange and did not involve BitGo’s participation. Unocoin, which suspects misuse of a backup mechanism, has suspended services while it investigates the transfers. The exchange is probing how the keys were used as the two firms dispute responsibility.

TREE NEWS update: Microsoft said an incident occurred during a network capacity upgrade, with the root cause now resolved and service recovery still underway. The company did not specify which services were affected or how many users were impacted. The disclosure follows the outage during the upgrade work.

TREE NEWS update: Chicago has lost its third chief financial officer this year after Ashlee Gabrysch resigned just three months into the job. Gabrysch said she had to step down to avoid compromising her professional integrity and obligations, while a spokesperson for Mayor Brandon Johnson questioned her conduct in the role. The matter will be referred to the city’s inspector general for independent review, and Alderman Bill Conway called for an immediate investigation amid concerns over the city’s credit rating and fiscal footing.

TREE NEWS reports: The number of active US oil drilling rigs stood at 463 in the week of November 13, unchanged from the prior week’s reading of 463. The flat weekly count leaves the total US oil rig tally steady as of the latest weekly update.

TREE NEWS update: OpenAI has disbanded its standalone robotics team and confirmed the reorganization, moving robotics researchers into the main research group led by Chief Research Officer Mark Chen and the applied robotics and hardware teams into the Applied division overseen by President Greg Brockman. The company said the move aims to speed robotics development using general models such as GPT-6 Astra, and that it is not exiting the field, with a first public humanoid robot demonstration still targeted for 2027.

TREE NEWS update: Microsoft reported progress in restoring its global services after a technical disruption, with email backlogs now close to normal levels. The company said services are broadly recovering and stabilizing. It attributed the incident to a technical issue, stating it was unrelated to a cyberattack or AI agents.

TREE NEWS update: The Center for Biological Diversity and the Sovereign Iñupiat for a Living Arctic sued the Interior Department and the Bureau of Safety and Environmental Enforcement in federal district court in Washington, D.C., on Thursday, alleging the Trump administration unlawfully reinstated Hilcorp Alaska LLC’s offshore drilling lease in the Arctic Ocean. The suit claims the agencies arbitrarily concluded that granting the company more time to develop its Liberty Unit oil lease was in the national interest.