Flash News

TREE NEWS reports: The People’s Bank of China set the yuan’s daily midpoint at 6.7165 per dollar on the latest fixing, 6 pips stronger than the previous day’s 6.7171. The previous official close stood at 6.6680, and the prior overnight session ended at 6.6670.

TREE NEWS update: New Zealand’s two-year government bond yield fell 12 basis points intraday after the Reserve Bank of New Zealand unexpectedly left its official cash rate unchanged. The yield move reflects markets repricing the near-term policy path following the central bank’s decision to hold.

TREE NEWS update: Reserve Bank of Australia Assistant Governor Jones said there is no negative equity problem visible in the housing market. The remark addresses concerns about household balance sheets as property prices and interest rates draw scrutiny. Jones did not elaborate on the figures behind the assessment.

TREE NEWS reports: The New Zealand dollar fell nearly 2% against the Australian dollar, marking its largest single-day decline since 2017. The move reflects a sharp intraday divergence between the two antipodean currencies. No further drivers or levels were disclosed in the material.

TREE NEWS update: Reserve Bank of Australia Deputy Governor Hauser said he does not expect Australia to enter a recession. The remark is a direct assessment of the country’s economic outlook from a senior central bank official. No further details or figures were provided in the statement.

TREE NEWS reports: The United States has asked several Gulf Arab states to prepare for a possible short, intense military operation against Iran after the US midterm elections, people familiar with the matter said. The request was conveyed to the Gulf governments as contingency planning; no further details on timing or targets were disclosed.

TREE NEWS update: Reserve Bank of Australia Governor Michele Bullock said the central bank does not target the exchange rate in any way, reaffirming the RBA’s policy framework. The remark addresses how the central bank treats the Australian dollar, which it allows to float freely rather than managing toward a specific level. No further details on policy or timing were provided.

TREE NEWS update: New Zealand Reserve Bank meeting minutes show four members voted to hold the official cash rate, while three voted for a hike. The committee said further increases may be needed depending on the economic outlook, warning that high fuel prices and a weaker exchange rate risk larger second-round inflation effects and that inflation could become entrenched before traditional expectations indicators respond.

TREE NEWS update: New Zealand’s Reserve Bank held its official cash rate unchanged, with the decision passed by a 4-3 vote. The split vote indicates a narrow majority on the monetary policy committee backed keeping the rate steady rather than cutting or raising it.

TREE NEWS update: New Zealand’s Reserve Bank committee unanimously agreed that monetary policy tightening may be necessary, though the timing and risk weighting remain dependent on the economic outlook. Members concurred on the inflation outlook but diverged on how to weight risks, noting global events are intensifying inflation pressures. The committee remains focused on returning inflation to the 2% target midpoint over the medium term.

TREE NEWS reports: Chinese commodity futures opened mixed on the latest session, with coking coal’s main contract rising more than 3% and coke, soda ash and lithium carbonate each gaining over 2%. Container shipping on the Europe route fell more than 3%, while crude oil dropped more than 2%.

TREE NEWS update: New Zealand’s Reserve Bank kept its official cash rate unchanged at 2.75%, below the 3% expected by economists and matching the prior reading. The decision leaves the benchmark rate at its previous level rather than delivering the hike the market had anticipated.

TREE NEWS reports: FTSE China A50 index futures opened 0.51% higher, extending a 0.48% gain from the previous trading day’s night session. The early move tracks the benchmark’s overnight advance.

TREE NEWS update: The Korea Exchange activated its SIDECAR circuit breaker, suspending programmatic buy orders on the KOSPI. The mechanism halts automated trading on the main board after sharp moves in futures or the index. The exchange did not specify how long the suspension would last or what triggered it.

TREE NEWS update: Reserve Bank of Australia Governor Michele Bullock said she cannot provide any forward guidance on next week’s interest rate decision. The remark leaves markets without a signal from the central bank ahead of the meeting, with the policy outcome to be announced at the scheduled decision.

TREE NEWS update: The Reserve Bank of New Zealand will announce its interest rate decision at 09:00 Beijing time, with the market expecting a 25 basis point hike to 3%. The decision is scheduled for release at that time, and the consensus forecast points to a 25bp increase.

TREE NEWS reports: Margin financing balances on the Shanghai and Shenzhen stock exchanges fell a combined 16.06 billion yuan to 2.37 trillion yuan as of Oct. 27 from the previous trading day. The Shanghai bourse’s balance dropped 7.43 billion yuan to 1.23 trillion yuan, while Shenzhen’s declined 8.64 billion yuan to 1.15 trillion yuan.

TREE NEWS reports: US military operations against Iran have cost more than $47 billion to date. The figure covers spending on the campaign as of the latest accounting. No further breakdown of the costs was provided.

TREE NEWS update: Japan’s Finance Minister Satsuki Katayama said she is monitoring market movements with a high sense of urgency. The remark signals heightened official attention to financial-market conditions, though the statement gave no further details on policy or specific market moves.

TREE NEWS update: Reserve Bank of Australia Deputy Governor Hauser said the CPI data released today is too high, even though inflation matched expectations. The last time headline CPI was within the target range was in June 2025. The comments point to inflation remaining above the RBA’s target band.