TREE NEWS reports: The MSCI Nordic Countries Index fell 0.9% to 404.84 points, its lowest level since Oct. 29. Among the ten sectors, Nordic financials posted the steepest decline. Novonesis’ Novozymes B shares dropped 4.2%, the worst performer among Nordic stocks.
TREE NEWS update: Bank of Japan Governor Kazuo Ueda said he has not heard any complaints about high interest rates so far, adding that real interest rates have not risen significantly. The remarks, made without a specified date, suggest the central bank sees limited strain from its current policy stance. Ueda did not elaborate further on the rate path or the timing of any policy adjustment.
TREE NEWS update: Patrick Yaroch, a former FBI agent, admitted to making about 100 transfers out of wallets tied to 35 FBI cases, in a plea that puts the crypto theft at $2.47 million. In July he told FBI headquarters he had made about 10 transfers into a wallet holding roughly $1 million.
TREE NEWS reports: Bitcoin fell toward $75,500 as AI stocks plunged, triggering more than $1 billion in liquidations across the crypto derivatives market. The move marks an 11-week low for the largest cryptocurrency, with the selloff in AI equities spilling over into digital assets.
TREE NEWS update: Bank of Japan Governor Kazuo Ueda said the central bank’s policy modernization is intended to ensure price stability, with underlying inflation reaching 2% for the first time in decades. Ueda added that the prevailing view on inflation is that more effort is still needed. He did not specify further policy steps.
TREE NEWS update: International Monetary Fund Managing Director Kristalina Georgieva said the Bank of Japan’s policy modernization has been “fairly smooth,” describing the central bank’s shift away from ultra-loose monetary settings. The comment from the IMF chief signals external comfort with the BOJ’s gradual normalization path, a process closely watched by global markets for its impact on yen carry trades and cross-border capital flows.
TREE NEWS reports: Germany’s DAX 30 closed down 2.04% at 25,783.48 points, trimming its weekly loss to about 0.1%. France’s index fell 0.86% but gained about 2% over the week, while Italy’s benchmark dropped 1.05%, with its bank index down 1.1% yet up about 4.2% for the week. The UK index closed 1.07% lower.
TREE NEWS reports: The pan-European STOXX 600 closed down 1.13% at 647.48 points, leaving it up about 0.1% for the week. The eurozone STOXX 50 fell 1.17% to 6,158.94, up roughly 0.5% over the week after a rally that faded, while the FTSE Eurofirst 300 dropped 1.15% to 2,581.02.
TREE NEWS reports: Anthropic’s targeted $1.5 trillion IPO valuation now looks too high and could be slashed by half to $1 trillion, investors told The Wall Street Journal. Prediction markets are betting on a December listing for the AI company. The reassessment follows a rout in AI stocks.
TREE NEWS update: Paraguay’s Senate on March 6 rejected President Santiago Peña’s request to postpone his congressional defense by 72 hours and proceeded with impeachment proceedings as scheduled. Peña submitted his resignation on March 5 amid a crisis triggered by the seizure of Banco Weno, the country’s largest digital bank, but the resignation was not approved because Congress lacked a quorum. Lawmakers then launched impeachment proceedings, and Peña was due to appear before Congress on the morning of March 6 to defend himself.
TREE NEWS update: OpenAI’s chief financial officer said the company will keep investing in artificial intelligence data centers no matter the outcome of the election. The remark signals the AI developer’s infrastructure spending plans will proceed unchanged through the political transition.
TREE NEWS update: Bank of Japan Governor Kazuo Ueda said domestic investment in Japan is expected to increase, but the magnitude of that rise is highly uncertain. Ueda made the remark in comments on the outlook for capital spending. He did not specify a timeframe or figure for the expected increase.
TREE NEWS update: Nu Holdings (Nubank) has suspended cryptocurrency deposits and withdrawals in Brazil after a problem with an external service provider, the fintech said in a statement on Friday. The company said all assets and information are protected and the issue is unrelated to its own infrastructure, without naming the partner or the number of affected customers. Other crypto products are operating normally. Nubank has about 120 million customers in Brazil.
TREE NEWS update: Elon Musk said Tesla holds no government contracts and that President Trump has scrapped the federal electric-vehicle subsidy. SpaceX’s government work is both its best product and its lowest-priced bid, he said, adding that government revenue will account for under 10% of SpaceX’s total this quarter and below 5% within a year. Musk said he would cancel the orders if the government no longer needs them.
TREE NEWS reports: The contest to become the next European Central Bank president has narrowed to two candidates: Dutch central bank chief Klaas Knot and Bank of Spain governor Pablo Hernández de Cos. The shortlist now consists solely of Knot and De Cos, marking a key stage in the succession process for the ECB’s top post.
TREE NEWS update: Colombia’s mining minister said repair work on the oil pipeline shared with Venezuela will begin before the end of the year, with operations starting in mid-2027. The pipeline’s restart depends on regulatory approvals and a license from the U.S. Office of Foreign Assets Control.
TREE NEWS update: Brazilian President Luiz Inácio Lula da Silva said Brazil’s fiscal responsibility is stronger than that of many countries. The remark, a statement on fiscal stewardship, comes as markets watch Brazil’s budget trajectory. No specific figures or policy measures were disclosed in the statement.
TREE NEWS update: French Finance Minister Lescure said France will release 3.6 million barrels of diesel as part of an International Energy Agency (IEA) plan. The release is coordinated through the IEA framework.
TREE NEWS reports: Strive reported a $509 million profit for the third quarter, driven by gains on its bitcoin holdings, which reached 43,124 BTC as the company ramped up BTC purchases. The company’s shares continued to slide despite the profitable quarter.
TREE NEWS update: International Atomic Energy Agency Director General Rafael Grossi warned on November 6 that increased military activity around Ukraine’s nuclear facilities poses a continuing safety risk to the plants and related infrastructure. Grossi called on all parties to exercise maximum military restraint and halt actions that could endanger nuclear facilities, staff and infrastructure, to prevent a serious nuclear accident. The agency said it continues nuclear safety and security assistance to Ukraine and recently delivered lead-acid batteries and uninterruptible power supply equipment to the Chernobyl nuclear power plant.