Flash News

TREE NEWS update: US President Donald Trump said he believes both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky support the energy ceasefire he disclosed. Trump added that he thinks Putin wants a deal more than Zelensky does. He gave no further details on the terms or timing of the arrangement.

TREE NEWS update: US President Donald Trump said he has discussed the Houthi strikes with Saudi Crown Prince Mohammed bin Salman, calling the Houthis’ behavior “misbehaving.” Trump reiterated that the war with Iran will end soon and that oil prices will fall afterward. On possible action against Iran over the UK incident, he said: “We’ll see.”

TREE NEWS reports: Spot gold fell 0.56% to $4,170.70 an ounce in late New York trade on Monday, October 12, after touching a session high of $4,217.31 in Asia and a low of $4,154.78 at 20:38 Beijing time. Spot silver dropped 0.93% to $60.2573 an ounce, while COMEX copper rose 1.04% to $6.7615 a pound. The Philadelphia Gold and Silver Index closed down 0.66% and the NYSE Arca Gold Miners Index fell 0.48% to 2,534.23.

TREE NEWS reports: On Monday, October 12, US asset-class ETFs closed mixed. The Brent oil fund rose about 1.77%, while the US real estate ETF gained 0.78% and the Dow ETF and long-dollar index each added at least 0.35%. The emerging markets ETF and Nasdaq 100 ETF fell as much as 0.97%, and the VIX long fund dropped 1.77%.

TREE NEWS update: Yemen’s Houthi movement said it fired a ballistic missile at Riyadh’s King Khalid International Airport and struck a Saudi air base in the southwest with drones on the evening of the 12th. Spokesman Yahya Saree said both attacks hit their targets and warned international airlines, aviation staff and passengers against using Saudi airports and airspace, except those in Mecca and Medina. The Saudi-led coalition said it is conducting large-scale military operations against the Houthis and their missile network.

TREE NEWS reports: MSCI’s emerging-market stock index declined 0.7%, while the developing-nation currency index rose 0.2%. The two gauges moved in opposite directions, with EM equities lower as EM currencies firmed against the dollar. No further figures were disclosed.

TREE NEWS reports: US sector ETFs closed mixed on Monday, October 12, with the semiconductor ETF down 2.05%. Global tech, technology sector and internet stock index ETFs fell between 0.83% and 1.36%, while the energy sector ETF gained 1.43%.

TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index fell 1.51% to 3,119.71 on Monday, October 12, after briefly rising to an intraday high of 3,187.66 in Asia-Pacific morning trade. Losses widened through the US session, with Lucid Group down 9.37%, MP Materials 6.03%, Xiaomi’s Hong Kong shares 5.55%, Hesai ADRs 5.56% and Tesla 1.22%. Volvo Car gained 3.35% in Europe and Zhejiang Leapmotor rose 4.31% in Hong Kong.

TREE NEWS reports: Fannie Mae shares dropped 14% on Monday, hitting their lowest level since January 2025. The decline marks one of the sharpest single-day moves for the mortgage-finance giant this year. No reason for the drop was given in the available material.

TREE NEWS update: Russia’s permanent mission to the European Union said on October 12 that it does not recognise the EU’s newly adopted sanctions list, calling the measures illegal and unfounded for bypassing the UN Charter. The mission said the EU’s attempt to change Russia’s foreign policy through sanctions pressure is doomed, and that the bloc’s hostile actions will meet an appropriate response from Moscow.

TREE NEWS reports: US stocks closed mixed on Oct. 13, with the Dow up 0.30%, the Nasdaq down 0.70% and the S&P 500 down 0.08%. SanDisk (SNDK) fell 5.98%, SKHY lost 4.08%, Micron (MU) dropped 3.65%, Intel (INTC) declined 3.17% and Riot Platforms (RIOT) slipped 2.58%. Meta (META) bucked the trend, gaining 3.45%.

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed provisionally 0.3% lower. Among popular Chinese ADRs, Xiaomi and Hesai each fell 5.5%, VNET dropped 3.8%, while NIO, BYD, Canadian Solar, JinkoSolar and XPeng each lost at least 2.5%. Baidu fell 1.2%, Tencent 0.9% and Alibaba 0.5%, while NetEase rose 0.9%, ZTO Express 1.5%, ASE Technology 2.6% and Chagee 6.6%.

TREE NEWS reports: The S&P 500 closed down 0.1%, with technology off more than 0.9% and consumer discretionary down 0.7%, while telecom gained 1.1% and energy rose 1.3%. The Nasdaq 100 fell 0.7%, as Lumentum dropped 9.8%, SanDisk 5.9%, Nebius Group 5.1%, Astera Labs 5.1%, Moderna 5%, Micron 3.6%, Intel 3.2% and Western Digital 2.4%. Meta rose 3.3% and Shopify 4.7%; the semiconductor index slid 2.6% and the memory-chip index 3.7%.

TREE NEWS update: US grid operator PJM plans to issue a Level 1 energy emergency alert around 5:00 pm Eastern Time, the operator said. The alert signals tightening supply conditions on the grid it manages. No further details on the cause or duration were given.

TREE NEWS update: A French-style villa in Hangzhou’s Jiuxi Rose Garden East District sold for 288 million yuan on Alibaba’s commercial auction platform on October 10, starting at 168 million yuan and drawing 228 bids for a 71.43% premium. The 629.39-square-meter property includes about five mu of private garden, with a per-square-meter price of roughly 457,000 yuan.

TREE NEWS reports: US envoy Jared Kushner believes the diesel agreement reached between President Trump and Russia was intended to soften Moscow’s position, people familiar with the matter said. The deal, reported by Reuters, was described as a lever to shift Russian posture rather than a purely commercial arrangement.

TREE NEWS update: The US Department of Energy issued an order aimed at reducing the risk of power outages in the Mid-Atlantic region. The order targets grid reliability in the area. No further details, including the specific scope or duration of the directive, were provided.

TREE NEWS reports: The dollar rose 0.23% against the yen to 158.68 in New York on Monday, October 12, with an intraday range of 158.08-158.75. The pair approached its September 24 high of 159.04 and the September 2 peak of 160.39, nearing its 200-day moving average at 158.55. The euro fell 0.18% against the yen, the pound rose 0.04%, and the yen fell 0.20% against the offshore yuan.

TREE NEWS update: Iran’s foreign ministry called Britain’s accusation a ‘despicable plot’ aimed at continuing anti-Iran actions, and said London and those who planned and carried out the fabricated incident must bear full responsibility for the consequences of the lie. The statement did not specify the nature of the British allegation.

TREE NEWS reports: The ICE US Dollar Index rose 0.37% to 102.586 in late New York trading on Monday, October 12, its highest level since April last year. The index traded between 102.100 and 102.604 on the day, recovering from a marginal early-Asia low to approach its April 10, 2025 intraday peak of 103.027. The Bloomberg Dollar Index gained 0.11% to 1,227.33.