Flash News

TREE NEWS reports: ICE UK natural gas futures closed down 4.15% at 179.770 pence per therm on Friday, September 25, bringing the weekly decline to 9.28%. The TTF benchmark Dutch gas contract fell 5.40% to 70.987 euros per megawatt-hour, down 10.31% for the week. ICE EU carbon emissions allowance futures slipped 0.32% to 86.14 euros per tonne, a weekly drop of 0.21%.

TREE NEWS update: Chinese President Xi Jinping and his wife Peng Liyuan visited the US National Archives on September 25 local time, accompanied by US President Donald Trump and his wife Melania. The visit was part of Xi’s state-level engagements in the United States, state broadcaster CCTV reported. No further details of the tour were disclosed.

TREE NEWS reports: The MSCI Nordic Countries Index rose 0.3% to 391.81 points, with the Nordic industrials sector posting the largest gain among the ten sectors. Salmon farming company Salmar ASA climbed 3.8%, leading all Nordic stocks in the index.

TREE NEWS reports: Germany’s DAX 30 index provisionally closed up 0.45% at 25,379.68, finishing the week with a gain of about 0.3%. France’s index provisionally closed down 0.16%, while Italy’s index rose 0.44% and its bank index gained 1.08%. The UK index provisionally closed up 0.06%.

TREE NEWS reports: Europe’s STOXX 600 closed provisionally up 0.26% at 638.11 points, bringing its weekly gain to 0.44%. The eurozone’s STOXX 50 rose 0.38% to 6,296.60, up 0.97% over the week, while the FTSE Eurofirst 300 added 0.26% to 2,549.44.

TREE NEWS update: Hungary’s Defence Minister Ruzin-Szendi Romulus and visiting German Defence Minister Pistorius held talks in Budapest on the 25th and announced the two countries will strengthen defence cooperation. The agreement was disclosed by both sides following the meeting in the Hungarian capital.

TREE NEWS reports: Economists surveyed by Bloomberg expect eurozone September CPI to rise as much as 3.7% year-on-year, which would be the highest in three years, up from 3.2% previously. The forecast points to accelerating inflation across the currency bloc.

TREE NEWS reports: Russia’s Perm refinery has halted processing operations after being hit by a drone strike on Friday. The refinery stopped processing following the attack, the reports said. No further details on the extent of the damage or the duration of the shutdown were immediately available.

TREE NEWS reports: Peru’s mining minister said the country expects copper production of 2.5 million to 2.7 million tonnes this year. The minister also projected that Peru will add 1 million tonnes of annual copper output within five to six years.

TREE NEWS update: US Treasury Secretary Scott Bessent said he held a productive phone call with Japan’s Satsuki Katayama on Thursday, stressing the need for close communication on foreign exchange matters. The two sides agreed to maintain close coordination in currency markets, Bessent said. No further details of the call were disclosed.

TREE NEWS update: Chinese President Xi Jinping and his wife arrived at the White House for a tea meeting with US President Donald Trump and his wife. The meeting took place at the White House. No further details of the agenda or discussions were disclosed.

TREE NEWS reports: Crypto commentator Serenity argued in an X post on September 25 that investors should not focus solely on the 5% yield offered by 10- or 30-year Treasuries, because real living costs may be rising faster. He cited a Subway sandwich that cost about $5 twelve years ago and now approaches $20 with tax, implying roughly 12% annual price growth. He said investors should hedge everyday inflation with equities such as the S&P 500 ETF (SPY) rather than relying only on long-term 5% returns.

TREE NEWS update: Kyiv Mayor Vitali Klitschko said on the 25th that a Russian attack on the Ukrainian capital that day had killed five people and injured 31 others. Russia has not yet responded to the report. The casualty figures cover the day’s strikes on the city as of the mayor’s statement.

TREE NEWS reports: Kansas City Federal Reserve President Jeff Schmid said the level of US debt appears “extreme.” The comment from the regional Fed chief flagged concern over the federal government’s borrowing levels, though the material did not specify when or where he made the remark or add further detail.

TREE NEWS reports: The S&P 500 index turned negative, reversing earlier gains. The move marks a downturn for the benchmark US equity gauge. No further details were provided.

TREE NEWS reports: The US 30-year Treasury yield rose above 5.5% on September 25, setting a fresh high not seen since 2004. September’s final one-year inflation expectation held at 4.6%, while the University of Michigan consumer sentiment index came in at 48.1 for the month, against a 47.6 forecast and a prior reading of 47.8.

TREE NEWS reports: The US 30-year Treasury yield broke above 5.5%, setting a new high not seen since 2004. The move extends a sustained climb in long-dated US government borrowing costs, with the benchmark rate pushing past the 5.5% threshold.

TREE NEWS reports: The University of Michigan’s US consumer current conditions index for September came in at a final reading of 50.9, matching the preliminary reading of 50.9 and beating the 50.5 estimate. The final figure is unchanged from the initial print released earlier in the month.

TREE NEWS reports: The University of Michigan’s final September reading for 5-year US inflation expectations came in at 3.4%, unchanged from the preliminary figure of 3.4%. The final print confirms the initial estimate for the long-run inflation outlook.

TREE NEWS update: Japan’s Finance Minister Satsuki Katayama and US Treasury Secretary Scott Bessent held a phone call and reaffirmed that the yen’s valuation is too low and a source of concern, Japan’s Ministry of Finance said. The two officials also exchanged views on financial markets.