Flash News

TREE NEWS reports: Spot gold rose 0.47% to $4,177.04 an ounce at the New York close on Thursday, October 1, after touching an intraday high of $4,192.99. Spot silver gained 0.93% to $60.9887 an ounce, while COMEX copper fell 0.68% to $6.5765 a pound. The Philadelphia Gold and Silver Index closed down 0.90% at 357.91, and the NYSE Arca Gold Miners Index dropped 1.16% to 2,493.33.

TREE NEWS update: Yemen’s government forces said they killed 30 Houthi fighters and wounded 50 others in clashes in southern Taiz province on Sunday, as fighting intensified across multiple frontlines in the southwestern province. Government military sources said five frontlines in Taiz have seen continuous fighting since early Sunday, with heavy casualties on both sides.

TREE NEWS update: Yemen’s Houthi group said Saudi Arabia carried out airstrikes on the night of October 1 targeting Sanaa, Saada, Taiz and Amran provinces, all under Houthi control. The group said it was the first Saudi strike on Sanaa, Yemen’s capital, since the escalation that began on September 3. There was no immediate response from Saudi Arabia.

TREE NEWS update: SpaceX launched its 18th Transporter rideshare mission on a Falcon 9 rocket, carrying 130 payloads to orbit. The mission is the latest in the company’s dedicated smallsat rideshare series.

TREE NEWS update: Ukrainian President Volodymyr Zelensky said on the evening of the 1st that the FP-7 tactical ballistic missile, produced by a Ukrainian private defense company, has completed its first combat use. Zelensky said the FP-7 will now move into mass production.

TREE NEWS update: Iran’s Persian Gulf Strait Authority said on October 1 that the three most recently attacked tankers in the Strait of Hormuz — Al Ruwais, Sinbad and Mersin Prosperity — are all UAE-owned or leased. The authority said its investigation found the vessels had transited the strait multiple times over the past two months and that their names appeared on its latest updated violations list.

TREE NEWS update: Ukraine’s Air Force said one of its MiG-29 fighter jets was hit by a Russian missile on the 1st while flying a combat mission over a frontline area, killing the pilot. The pilot ejected after the aircraft was struck but did not survive, the Air Force said in a statement on social media.

TREE NEWS reports: The United States Brent Oil Fund closed up 4.76% on Thursday, October 1, leading gains among US asset-class ETFs. The VIX long ETF rose 1.02% and the dollar bull ETF added 0.66%, while gold gained 0.5%. Russell 2000, 20+ Year Treasury, Nasdaq 100, investment-grade corporate bond, TIPS, S&P 500, emerging market and Dow ETFs each rose at least 0.01%.

TREE NEWS update: US President Donald Trump said oil prices will come down when asked about diesel prices, adding that he may call on Europe to release diesel reserves. The remarks were made without a specified date or venue. No further details on timing or the mechanism for any reserve release were given.

TREE NEWS update: US President Donald Trump said it “looks like” Iran was involved in an incident at a UK base, when asked whether Tehran was behind it. Trump also said the situation with Iran will soon be settled, “one way or the other.” He gave no further details on the incident or on what a settlement would involve.

TREE NEWS update: The US Trade Representative said Thursday that diesel export issues were discussed with European Union partners. No further details on the talks, the specific measures under consideration or any outcome were provided. The discussion comes amid ongoing transatlantic trade tensions over energy flows.

TREE NEWS update: The US and Indian trade teams are continuing efforts to complete trade negotiations, the US Trade Representative said. The statement gave no timeline for a conclusion and no details of the outstanding issues. Talks between the two sides have been aimed at resolving tariff and market-access disputes.

TREE NEWS reports: US money market fund assets declined to $7.89 trillion, the Investment Company Institute reported. The figure marks a decrease in total money market fund holdings in the United States. ICI publishes weekly data on money market fund assets.

TREE NEWS update: Federal Reserve Governor Lisa Cook said supply shocks have been surprisingly persistent, adding that the central bank wants to ensure inflation expectations do not become unanchored. Cook made the remarks without giving further detail on the policy path. The comments touch on the Fed’s dual concerns over lingering supply-side pressures and the risk that households and markets lose faith in the 2% inflation target.

TREE NEWS update: Boeing’s white-collar workers have accepted a new contract, averting a threatened strike. The agreement covers the company’s non-union salaried employees and ends the immediate risk of industrial action. No further terms of the deal were disclosed.

TREE NEWS reports: The dollar rose 0.40% against the yen to 158.03 in New York late trading on Thursday, October 1, within a daily range of 157.24-158.45, after briefly turning lower early in the US session. The euro fell 0.41% against the yen and the pound slipped 0.13%, while the yen dropped 0.33% against the offshore yuan.

TREE NEWS update: US Trade Representative Jamieson Greer said the Trump administration believes the principle of unconditional most-favored-nation tariffs should be reformed. The statement signals a potential shift in how Washington applies baseline tariff treatment across trading partners. No further details or timeline were given.

TREE NEWS update: US Energy Secretary Chris Wright said the United States will certainly ask Europe to release strategic diesel reserves. Wright said he has full confidence that Europe can help ease the current situation, adding that he expects some good news soon.

TREE NEWS reports: WTI November crude oil futures settled at $92.87 a barrel, NYMEX data showed. October natural gas futures closed at $2.9670 per million British thermal units, while October gasoline settled at $3.4026 a gallon and October heating oil at $4.6420 a gallon.

TREE NEWS update: German Defence Minister Boris Pistorius said on October 1 that the Bundeswehr will establish its first regiment dedicated to unmanned systems operations in 2027, with initial operational capability planned within that year. The unit will start with about 300 personnel and is ultimately intended to reach 600. Pistorius made the remarks during an inspection of new German military equipment in Lower Saxony.