TREE NEWS reports: The MSCI Nordic Countries Index fell 0.5% to close at 389.81 points, its lowest close since July 23. Industrials posted the steepest decline among the index’s ten sectors. Nokia dropped 3.3%, the worst performer among Nordic constituents.
TREE NEWS update: TotalEnergies CEO said there was significant disagreement over whether the company should declare force majeure on liquefied natural gas (LNG). The remarks indicate internal debate over the contractual step, which would allow the French energy major to suspend supply obligations. No decision or timeline was given.
TREE NEWS reports: The US Treasury auctioned three-month bills at a high yield of 4.110% with a bid-to-cover ratio of 2.99. A separate auction of six-month bills cleared at a high yield of 4.285% with a bid-to-cover ratio of 2.64. The results set the latest short-term government borrowing rates.
TREE NEWS update: EU defense ministers met in Brussels on September 28, with the Russia-Ukraine conflict again topping the agenda. Member states remain divided over military support for Ukraine, particularly how to supply more air-defense capability, especially Patriot missiles. Each country has its own considerations, and the gap between them is still substantial.
TREE NEWS reports: Germany’s DAX 30 index provisionally closed up 0.05% at 25,421.12. France’s benchmark index provisionally finished 0.19% higher, Italy’s rose 0.01% with its bank index roughly flat, and the UK index provisionally gained 0.14%.
TREE NEWS reports: Bitcoin extended last week’s pullback after President Trump rejected Iran’s ceasefire plan, pushing oil above $100 and bond yields higher. The move comes ahead of Wednesday’s PCE inflation report, with crypto trading softer as traders weigh the inflation and geopolitical backdrop.
TREE NEWS update: The US Securities and Exchange Commission has issued a warning over the valuation of private assets, flagging “hard-to-value” holdings. The regulator said firms need to exercise “particular caution” when valuing private credit. The alert applies to private assets where reliable market prices are difficult to obtain.
TREE NEWS reports: Adobe Analytics forecasts US online sales of $275.1 billion for the November 1 to December 31 holiday shopping season, which includes Thanksgiving and Christmas. The projection points to a record-high level of online holiday spending this year.
TREE NEWS update: China’s Commerce Minister Wang Wentao held a video call with Germany’s Federal Minister for Economic Affairs and Energy Reiche on September 28, the two sides exchanging views on China-Germany and China-EU economic and trade relations. No further details of the discussion were disclosed.
TREE NEWS reports: The UK 10-year government bond yield rose to 5.441%, its highest level since July 2007. The move marks a fresh multi-year peak for long-dated gilt yields as the UK government’s borrowing costs continue to climb.
TREE NEWS reports: COMEX gold futures fell more than 3% to below $4,200 an ounce, pulling retail gold jewelry prices down to 1,068 yuan per gram at Shenzhen’s Shuibei market. Merchants reported 20%-30% month-on-month sales growth as the National Day holiday and lower prices drew wedding-related buyers, with some popular styles selling out.
TREE NEWS reports: No. 20 rubber futures closed down about 3.6% in the night session, while rubber fell 2.2% and LPG rose 0.3%. Among other contracts, methanol climbed 3.9%, pure benzene gained 2.17% and styrene rose 1.73%, with coking coal, PTA, rebar, coke, bottle chip, fuel oil and low-sulfur fuel oil also finishing higher.
TREE NEWS reports: The price of US Treasury bonds maturing in 2050 fell below 43 to a record low, while the 20-year Treasury yield rose more than 9 basis points to approach 5.64%, a new high since Bloomberg began recording the data in 2020. Spot gold also dropped 4.0% on the day to $4,110.92 an ounce.
TREE NEWS reports: New York gold fell 4.0% intraday to $4,147.37 per ounce, while spot silver dropped 5.5% to $60.76 per ounce. The sharp single-day declines in both precious metals marked a broad selloff in the metals complex.
TREE NEWS reports: US 5-year and 7-year Treasury yields dropped 10 basis points. In the UK, gilts extended losses, with the 10-year gilt yield rising 6 basis points to a session high of 5.42%. The move widened the divergence between US and UK government bond markets.
TREE NEWS update: TotalEnergies CEO said Europe must issue a strategic plan in response to a US diesel ban. The executive called for a coordinated European strategy to address the measure.
TREE NEWS update: Liu Liehong, head of China’s National Data Administration, toured Suzhou, Taizhou and Yangzhou in Jiangsu province from Sept 21 to 23, 2026, visiting firms including MegaRobo, Cowin Biotech, Yangzijiang Pharmaceutical and Biointron and holding meetings on the market-based allocation of data elements. Provincial data groups from Jiangsu, Nanjing and Wuxi, alongside companies such as PatSnap and Bank of Nanjing-BNP Paribas Consumer Finance, took part in the discussions.
TREE NEWS update: Sweden’s new parliament held its first session on September 28, with Moderate Party member and incumbent Speaker Andreas Norlen winning a vote to be re-elected as speaker. Norlen will continue to preside over the Riksdag as it begins its new term.
TREE NEWS reports: Spot gold dropped 3.5% on the day to trade at $4,135.14 per ounce. The intraday decline marks a sharp pullback for the precious metal from recent levels.
TREE NEWS reports: Traders have reduced their wagers on the European Central Bank raising interest rates, now pricing the probability of an October hike at less than 40%. The shift in market expectations marks a pullback in bets on further ECB tightening.
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