Flash News

TREE NEWS reports: A survey published September 30 by a Japanese research firm found that more than 3,000 food and beverage products are expected to see price increases in October. Japan’s major power and gas companies have also announced they will raise electricity and gas rates starting in October.

TREE NEWS reports: European equities opened mostly lower on Tuesday, with the Euro Stoxx 50 down 0.5% and Germany’s DAX off 0.7%. The UK’s FTSE 100 dropped 1.1% and France’s CAC 40 fell 0.6% in early trade.

TREE NEWS reports: Switzerland’s consumer price index was unchanged in September, coming in at 0% month on month, in line with expectations of 0% but down from a 0.4% rise in the prior month. The reading points to flat sequential price pressure in the Swiss economy for the month.

TREE NEWS reports: Switzerland’s real retail sales rose 3.2% year on year in August, accelerating from a 2.3% increase in the prior month. The August reading marks a faster pace of growth for Swiss retail activity compared with July’s revised figure.

TREE NEWS reports: Switzerland’s consumer price index rose 1.0% year-on-year in September, in line with the 1% forecast and up from 0.8% in the prior month. The reading keeps Swiss inflation within the Swiss National Bank’s price-stability range.

TREE NEWS reports: The US dollar index broke above its July high and climbed as far as 101.66, its strongest level since late June. The move extends the greenback’s recent advance to a new multi-month peak.

TREE NEWS update: Iranian security agencies said intelligence indicates Israel plans to carry out a terrorist operation, such as an attack on an aircraft or airport, and blame it on Iran in order to build international opposition and impose a new round of pressure on Tehran. Iran’s intelligence services said they are working to thwart the plot. Israeli officials have not responded.

TREE NEWS update: The Federal Reserve’s internal watchdog said in a report released September 30 that the central bank failed to properly oversee the renovation of its Washington headquarters, which ran far over budget, though no one committed a federal crime. The Fed board approved a $1.3 billion budget for the project in 2020; by December 2024 it had ballooned to $2.4 billion, with construction costs alone rising from $921 million to $2 billion. Inflation, insufficient bidding and design changes drove the increase.

TREE NEWS reports: Swissquote senior analyst Ipek Ozkardeskaya said rising long-term bond yields are intensifying competition for capital, with some investors shifting to safer US Treasuries at current yield levels. Starting from a yield of about 5.3%, she said the potential return over the next year is asymmetric: coupon income buffers losses until yields reach roughly 6.1%. A 100-basis-point rise would bring a total loss of about 1.5%, while a 100-basis-point fall could deliver a return of nearly 13% including coupon income.

TREE NEWS reports: UK house prices fell 0.2% month-on-month in September, against expectations of a flat reading. The prior month’s figure was a 0.2% increase. The unexpected decline marks a reversal from August’s modest gain.

TREE NEWS update: A lithium exploration project in western Sichuan added about 1.0468 million tonnes of lithium carbonate equivalent, state media said. With the increase, the Jiada lithium mine’s cumulative registered LCE resource reached 2.5310 million tonnes, further expanding the deposit and consolidating its status as a super-large pegmatite lithium mine.

TREE NEWS update: The Technical Institute of Physics and Chemistry under the Chinese Academy of Sciences said its State Key Laboratory of Cryogenic Science and Technology has for the first time proposed using alternating current instead of conventional direct current to drive direct seawater electrolysis for hydrogen production. The approach enables hydrogen to be made at offshore power-generation sites and fundamentally addresses the precipitation bottleneck that has hindered seawater electrolysis for hydrogen.

TREE NEWS update: UK Prime Minister Burnham said on September 30 there are “strong indications” that Iran was involved in suspected activity targeting Royal Air Force Fairford base. Iran rejected Burnham’s claim and again denied any connection to the incident. No further details on the nature of the suspected activity were given.

TREE NEWS reports: US equity index futures moved higher intraday, with Nasdaq futures up 1%, S&P 500 futures up 0.5% and Dow futures up 0.3%. The move reflects broad gains across the three major US index futures contracts.

TREE NEWS reports: Key data due Thursday include eurozone, UK and US September manufacturing PMI final readings, Swiss September CPI, and eurozone August unemployment. Fed, ECB and Bank of England officials are scheduled to speak, among them ECB President Christine Lagarde, Fed Vice Chair Philip Jefferson and New York Fed President John Williams, alongside US weekly jobless claims and the September ISM manufacturing index.

TREE NEWS reports: Macau’s gross gaming revenue from lucky games came in at 18.06 billion patacas in September, down 1.2% year on year. For the first nine months of the year, gross gaming revenue totalled 187.12 billion patacas, up 3.2% from the same period a year earlier.

TREE NEWS reports: The US dollar index climbed to a two-month high of 101.62. The move marks the strongest level for the greenback in roughly two months, with the index last quoted at 101.62.

TREE NEWS reports: Japanese and South Korean equities extended their rally, with the Nikkei 225 climbing nearly 3% and South Korea’s KOSPI rising more than 1%. The gains mark continued strength in both markets.

TREE NEWS update: China’s Ministry of Finance said it will issue the first tranche of 2026 special treasury bonds for capital injection into central financial institutions on October 8, with a competitive bidding face value of 150 billion yuan. The five-year fixed-rate interest-bearing bond will have its coupon set through competitive bidding, accrues interest from October 9, 2026, and pays interest annually. No additional bidding by Class A members will be conducted.

TREE NEWS reports: WTI crude oil fell more than 1.00% intraday and was trading at $88.55 a barrel. The decline marks a pullback in the US benchmark’s price during the session.