Flash News

TREE NEWS reports: The US Treasury auctioned four-week bills at a high yield of 3.980% with a bid-to-cover ratio of 2.40. A separate auction of eight-week bills also cleared at a high yield of 3.980%, drawing a bid-to-cover ratio of 2.77. Both auctions were held as part of the Treasury’s regular short-term debt issuance schedule.

TREE NEWS update: The World Meteorological Organization said on 8 November that a strengthening El Nino is expected in the fourth quarter, with record sea surface temperatures in the central and eastern tropical Pacific. In its monthly Global Seasonal Climate Update, the WMO said the phenomenon will peak in December, likely pushing temperatures above average across much of the world, shifting rainfall patterns and raising drought and flood risks.

TREE NEWS reports: Germany’s DAX 30 closed provisionally down 1.08% at 24,835.09 points, while France’s index fell 0.46% and the UK’s slipped 0.16%. Italy’s benchmark dropped 1.17%, with its banking index down 2.50%, extending the previous session’s losses.

TREE NEWS reports: Europe’s STOXX 600 index closed down 0.68% at 625.95, while the eurozone’s STOXX 50 fell 0.69% to 6,137.73. The FTSE Eurofirst 300, which tracks the region’s largest companies, ended 0.65% lower at 2,501.11. The preliminary closes mark a broad decline across the main European benchmarks.

TREE NEWS update: China Coast Guard spokesperson Jiang Lue said the Philippines’ coast guard vessel 4409 entered waters near Second Thomas Shoal on Oct. 8 to transfer an injured person from a ship illegally grounded there. China allowed the transfer by small boat on humanitarian grounds, handled it in accordance with the law and provided necessary convenience. China said it has indisputable sovereignty over the Nansha Islands, including Second Thomas Shoal, and warned Manila to stop infringing on its rights and spreading false claims.

TREE NEWS update: Hezbollah has confirmed receiving $200 million from Iran to aid displaced Lebanese civilians, with the funds set to provide an initial $3,000 payment to roughly 50,000 displaced families. Washington denies that the transfer took place.

TREE NEWS update: Russia expects to export 1.5 million tonnes of grain through Baltic ports in October, the country’s agriculture ministry said. The figure covers the month’s projected seaborne grain shipments from Russia’s Baltic terminals. No further breakdown by port or crop was given.

TREE NEWS update: Boehly Group will buy $10 billion in face value of LukOil shares under a deal that gives the US roughly 15% of a transaction tied to the Russian oil company’s overseas assets. The agreement also hands the new LukOil entity control of its own board.

TREE NEWS update: Yemen’s Houthi movement said it struck Riyadh’s King Khalid International Airport with a ballistic missile on the afternoon of the 8th, the second such attack on the Saudi capital’s airport, damaging facilities and disrupting air traffic. Houthi military spokesman Yahya Saree also warned oil industry staff, including experts and engineers, to stay away from Saudi oil facilities the group considers potential military targets.

TREE NEWS update: Indonesian President Prabowo on the 8th presided over the launch of 11 Chinese-funded mining downstream projects at the Weda Bay Industrial Park in Central Halmahera, North Maluku. The projects carry total investment of about $10.2 billion and span power batteries, nickel-cobalt materials, electrolytic aluminum, and new-energy construction machinery and commercial vehicle manufacturing.

TREE NEWS reports: A New York Fed report found that US tariffs imposed in 2025 and early 2026 raised inflation across a sample of 67 everyday goods by 2.9 percentage points through February, and that prices would have fallen without the levies. About two-thirds of the increase came from the direct tariff hit, with the rest from indirect effects such as higher costs for imported parts and materials used by US producers.

TREE NEWS reports: WTI crude oil rose 5.5% intraday to $93.17 a barrel, while Brent crude gained 5.5% to $105.71 a barrel. The sharp move in both benchmarks came during the session, with the two grades posting matching percentage gains on the day.

TREE NEWS update: Ukrainian President Volodymyr Zelensky said he has agreed to meet European Council President António Costa and European Commission President Ursula von der Leyen in the near term. No date or location was given for the talks. The meetings would bring Ukraine’s leadership together with the heads of the EU’s two main institutions.

TREE NEWS reports: Macau recorded 1.143 million inbound visitor arrivals from October 1 to 7, an average of 163,000 per day. The daily average rose 15.5% from the same holiday period in 2025, and single-day arrivals peaked at 210,000 on October 4 — both the highest National Day holiday figures since records began.

TREE NEWS reports: US Congressional Budget Office official Swagel said the structural ratio of the fiscal deficit to GDP stands at 6%. The figure was stated without further detail on the budget outlook or the timeframe behind the measure.

TREE NEWS update: US Vice President JD Vance finished delivering a speech. No further details on the venue, audience or content of the remarks were provided in the available material. The conclusion of the address was flagged in a market news alert.

TREE NEWS reports: Methanol futures closed the night session up about 7.2%, while LPG gained roughly 5.8% and pure benzene and fuel oil each rose at least 2.8%. Coke slipped about 0.4% and iron ore fell about 1.1%.

TREE NEWS reports: China’s new financial product online marketing rules, the ‘930 Rules’ issued by eight government departments, have forced lending platforms to overhaul their advertising. Slogans like ‘instant approval, instant payout’ and ‘low threshold, low rates’ have vanished from social media and short-video channels. Bank of Hangzhou, Xiaoying Card Loan and Ctrip Finance have returned to social feeds with ads that now disclose the lending entity, annualized costs, risk warnings and liability terms.

TREE NEWS update: Ukraine’s State Emergency Service said on the 8th that a Russian attack on the eastern city of Kramatorsk killed 33 people and injured 18. The service announced the casualty figures in a post on social media. No further details were immediately provided.

TREE NEWS reports: Bitcoin traded near $82,000 on Thursday, with analysts at QCP projecting a fourth-quarter trading range of $80,000 to $90,000. The pullback leaves the largest cryptocurrency holding just above the lower bound of that forecast band as the quarter gets underway.