Flash News

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed down 0.8% in preliminary trading, bringing its cumulative decline for the week to about 3.9%. The index tracks U.S.-listed Chinese companies.

TREE NEWS reports: The S&P 500 fell about 0.4% for the week and closed Friday down 0.5%, while the Dow rose more than 0.4% and the Nasdaq lost 0.7% on the week. The Philadelphia Semiconductor Index dropped 3.3% and the AI Winners Index fell 3.2%, though the AI Software Pioneers Index gained 4.7%. On Friday, the Nasdaq-100 was roughly flat, with T-Mobile down 7.8% and CrowdStrike up 8.3%.

TREE NEWS reports: The ICE U.S. Dollar Index rose 0.19% to 101.805 in late New York trading on Friday, Oct. 23, ending the week roughly flat after trading in a range of 102.080 to 101.446. The Bloomberg Dollar Spot Index gained 0.06% to 1,220.97, down 0.12% for the week, with a range of 1,224.03 to 1,218.40.

TREE NEWS update: President Donald Trump adjusted tariffs imposed on Canadian goods under Section 338, the White House said. The changes add duties on Canadian valves, carpets and scrap, while removing some products from the scope of the Section 338 tariffs. The adjusted tariffs take effect on October 30.

TREE NEWS update: US President Donald Trump said the United States may carry out another “small ‘Epic Fury'” operation against Iran — referring to the joint US-Israel strikes of late February 2026 — or Iran may agree to a deal. “If they were smart, they’d just say: ‘Let’s get down to business,'” Trump said at a political rally. “But I doubt they’ll do that, because maybe they’re not smart.”

TREE NEWS reports: CBOT wheat futures fell 5.27% over the week to $6.25 a bushel, while corn dropped 3.85% to $4.56 a bushel, as of Friday’s New York close on Oct. 23. The Bloomberg Grains Subindex slipped 0.23% to 30.8240 points, down 3.21% for the week. Soybeans eased 0.45% to $12.6950 a bushel, soybean meal lost 2.90% and soyoil 0.46%; lean hogs fell 2.02%, while live cattle rose 1.20% and feeder cattle gained 2%.

TREE NEWS reports: Speculative net long positions in COMEX gold fell by 2,394 contracts to 108,685 in the week to Oct. 20, the lowest in 19 weeks. COMEX silver net longs dropped to 3,746 contracts, a more-than-two-year low, and COMEX copper net longs declined to 48,009 contracts, a six-week low. NYMEX platinum net longs fell to 6,615 contracts, a 12-week low, while palladium net longs rose to 12,143 contracts, a 17-month high.

TREE NEWS update: US President Donald Trump said the United States may take another action against Iran. The remark signals the possibility of further military or policy measures targeting Tehran. No further details on the timing or nature of the potential action were provided.

TREE NEWS update: US President Donald Trump said the Islamic Republic of Iran would confirm that the United States possesses the best military equipment. The remark, delivered as a direct statement, offered no further detail on the context or any policy decision behind it. It comes amid ongoing tensions in the region.

TREE NEWS update: Iran’s Revolutionary Guard said two oil tankers struck mines while attempting to pass through an unauthorized route south of the Strait of Hormuz. The statement did not specify the tankers’ identities, the date of the incident or the extent of damage. The Strait of Hormuz is a key chokepoint for global oil shipments.

TREE NEWS reports: The Commodity Futures Trading Commission reported that net long positions in the Japanese yen stood at 69,878 contracts in the week ended October 20. Swiss franc net short positions totaled 18,150 contracts over the same period.

TREE NEWS reports: Speculators reduced their net short position in CBOT US Treasury futures by 58,019 contracts to 68,419 in the week ended Oct. 20, the Commodity Futures Trading Commission said. They also cut the net short in 10-year Treasury futures by 23,809 contracts to 964,293, while increasing the net short in ultra-long Treasury futures by 53,564 contracts to 375,161.

TREE NEWS reports: Stock fund speculators reduced their net short positions in S&P 500 CME contracts by 42,221 lots to 348,674 lots in the week to October 20, the CFTC said. Stock fund managers also cut their net long positions in S&P 500 CME contracts by 18,079 lots to 894,464 lots over the same week.

TREE NEWS reports: Natural gas speculators increased their net short positions by 26,764 contracts to 126,900 lots across the four main NYMEX and ICE markets in the week to Oct. 20, the U.S. Commodity Futures Trading Commission said. The figure reflects positioning data for the reporting week.

TREE NEWS update: Russian Deputy Prime Minister Alexander Novak said Russian companies can export 500,000 tonnes of diesel to the United States and global markets in October. Most of the supply comes from Rosneft, and the first three tankers have already set sail for the East Coast of the Atlantic, he said.

TREE NEWS update: China’s deputy permanent representative to the UN, Sun Lei, said on the 23rd at the UN General Assembly’s Sixth Committee that the UN Charter is the solid foundation of contemporary international law and has the highest effect within the international legal system. Speaking under the agenda item on the report of the Special Committee on the Charter of the United Nations and on the Strengthening of the Role of the Organization, he stressed the importance of defending the Charter, calling it the fundamental basis for handling international relations.

TREE NEWS update: Iraq plans to gradually increase its oil production to 10 million barrels per day by 2032, Prime Minister said. The target represents a significant expansion of the country’s crude output capacity. No further details on the production schedule or investment plans were provided.

TREE NEWS reports: The Hang Seng Index main futures contract closed up 0.02% at 23,110 points in overnight trading. The Hang Seng Tech Index main futures contract closed flat at 3,873 points.

TREE NEWS reports: The onshore yuan closed at 6.6704 per dollar at 03:00 Beijing time, up 44 pips from Thursday’s night session close. Trading volume for the session totaled $38.865 billion.

TREE NEWS update: US President Donald Trump said on the 23rd he has not yet spoken with SpaceX CEO Elon Musk about restrictions on Ukraine’s use of the Starlink satellite communications system, and may contact him if the issue persists. Speaking to reporters as he left the White House for Florida, Trump said he had heard the problem was resolved but would talk to Musk if it was not, calling Musk a “fair man” who “won’t make mistakes” on Ukraine’s Starlink use.