Flash News

TREE NEWS update: The US Embassy in Saudi Arabia said the State Department ordered non-emergency personnel and their family members to leave the country, effective October 23. The embassy cited security risks as the reason for the departure order. The announcement was made on October 30.

TREE NEWS reports: The CBOE Volatility Index rose as much as 36.5% intraday to 23.52, its highest intraday level since April, as U.S. stocks sold off sharply. The S&P 500 was down 2.4%, the Dow fell 737 points, or 1.4%, and the Nasdaq dropped 968.73 points, or 3.7%. The Nasdaq 100 slid 1,270 points, or 4.3%, and the Philadelphia Semiconductor Index plunged 1,053.994 points, or 9.15%.

TREE NEWS reports: WTI December crude futures settled $2.12 higher at $104.12 a barrel, a gain of nearly 2.08%, and rose more than 17.75% in October for a fourth straight monthly advance. Over that four-month stretch crude has gained over 52.33%. NYMEX November natural gas settled at $2.8980 per million British thermal units, with November gasoline at $3.3120 a gallon and heating oil at $4.7905 a gallon.

TREE NEWS reports: The December 2612 crude oil futures contract on the Shanghai Futures Exchange closed up 4.25% at 758.50 yuan per barrel in night trading. Meanwhile, Shanghai gold fell 3.51% and Shanghai silver dropped 6.8% in the same session.

TREE NEWS reports: Russia is considering imposing a prohibitive tariff on exports of liquefied petroleum gas (LPG), RBC reported. No further details on the proposed rate or timeline were immediately available. The measure, if adopted, would effectively restrict LPG shipments abroad.

TREE NEWS update: Kremlin spokesman Dmitry Peskov said on July 30 that preparations for trilateral talks between Russia, the US and Ukraine are continuing, but that this does not mean Russia is “committing to limit military operations.” Peskov reiterated Russia’s opposition to any ceasefire that would give Ukraine a “breather,” and said Moscow is retaliating against Ukrainian attacks on Russian oil refineries but will not raise the issue in the talks.

TREE NEWS reports: The Nasdaq 100 extended its decline to 4%, with Intel falling 31% and SanDisk dropping 15.1%. ALAB lost 13.6%, while Marvell Technology, Qualcomm, Arm Holdings, Datadog, AMD, Nebius, CoreWeave and Lumentum each fell more than 10%.

TREE NEWS reports: Several Federal Reserve committee members are speaking frequently to ensure markets understand their collective reaction function, a Fed watcher said. The remarks indicate the central bank is actively communicating its policy stance. No specific policy decision or data release was cited.

TREE NEWS reports: The Euro Stoxx 50 (EUSTX50) fell to 6,100 points, last trading at 6,099.17, a 24-hour decline of 1.7%. The index is a benchmark for eurozone blue-chip equities.

TREE NEWS reports: The Brazilian real weakened 1.07% against the U.S. dollar in spot trading, with the exchange rate reaching 5.445 reais per dollar. The move marks a sharp intraday depreciation for the currency.

TREE NEWS reports: LME copper closed down $202 at $14,154 per ton, the London Metal Exchange showed. Aluminum settled $10 lower at $3,069 per ton, while zinc dropped $40 to $3,842 per ton. The declines across the three base metals came in a single trading session.

TREE NEWS update: US Central Command said Iran’s Revolutionary Guard claim that it destroyed a US Navy unmanned surface vessel is false, stating that all US military unmanned surface vessels in the Middle East are confirmed intact. That includes an advanced unmanned surface vessel unit patrolling the Strait of Hormuz in support of CENTCOM’s defensive posture.

TREE NEWS reports: Chile’s copper commission Cochilco expects the refined copper surplus to equal 0.5% of global consumption in 2026, rising to 0.8% in 2027. The forecast points to a growing oversupply in the refined copper market over the next two years.

TREE NEWS reports: UK 30-year gilt yields fell 23.5 basis points over October to 5.714%, while 50-year yields dropped 24.3 bps to 5.123%, with both trending lower through the month. The 10-year yield slipped 1 bp on Friday to 5.284%, bringing its October decline to 14.0 bps. Two-year yields fell 3.1 bps to 4.867% on the day and 2 bps over the month, after a V-shaped reversal in the first 20 days of October.

TREE NEWS reports: Exxon Mobil, Chevron, BP, Shell and TotalEnergies together posted $56.3 billion in adjusted net profit for their latest quarter, beating analyst estimates for the third-highest combined total on record, as Persian Gulf and Russia-Ukraine conflicts disrupted energy markets. Refining units set records, with Exxon’s refining business earning $9.05 billion in the third quarter and Chevron’s $4.93 billion. The majors resisted boosting share buybacks for fear of political backlash.

TREE NEWS reports: Russian-controlled Serbian oil company NIS has received a new US sanctions waiver valid until December 11, Serbia’s state broadcaster RTS reported Friday. The waiver allows NIS, which operates Serbia’s only refinery, to continue importing crude oil while Russia sells its majority stake in the company to Hungarian energy firm MOL.

TREE NEWS update: Dallas Fed President Lorie Logan, a 2026 FOMC voter, said she still expects the Federal Reserve to raise rates at least twice more by 25 basis points each, though it can move gradually to let households, businesses and markets adjust. In remarks prepared for an event in Davidson, North Carolina, Logan said skipping one meeting would not change the endpoint of monetary policy, and that after the two hikes the Fed should pause to assess economic and financial developments.

TREE NEWS update: The Trump administration is pressuring Lithuania to relax EU sanctions on Belarusian potash exports, aiming to secure cheaper fertilizer for US farmers and reduce reliance on Canada. European officials oppose the move. The push targets EU restrictions that Lithuania has enforced, with Washington seeking relief on potash flows from Belarus.

TREE NEWS update: Russian presidential press secretary Dmitry Peskov said on October 30 that there is currently no plan for a phone call between Russian President Vladimir Putin and U.S. President Donald Trump. Peskov’s statement was carried by CCTV. No further details on the timing or agenda of any potential contact were given.

TREE NEWS reports: The Federal Reserve’s overnight reverse repurchase agreement (RRP) facility absorbed $4.375 billion on Friday, Oct. 30, from three counterparties, up from $353 million the previous trading day. The jump marks a sharp increase in usage of the central bank’s overnight liquidity-draining tool.