Flash News

TREE NEWS reports: At the New York close on Tuesday, October 27, S&P 500 futures settled up 0.57%, Dow futures rose 0.04% and Nasdaq 100 futures gained 1.25%. Russell 2000 futures ended the session up 1.12%.

TREE NEWS update: The United States will grant visas to defeated Brazilian lawmaker Flavio Bolsonaro and his family, an official said. Flavio Bolsonaro is the son of former Brazilian President Jair Bolsonaro. No further details on the visa decision were provided.

TREE NEWS update: The head of Brazilian lawmaker Jair Bolsonaro’s campaign said there is no information about his whereabouts. The remark leaves open questions about the former president’s location, with no further details provided on when or where he was last seen. No official confirmation of his status has been issued.

TREE NEWS update: The International Monetary Fund reached a staff-level agreement with Argentina that could release about $900 million in potential funding. The agreement is the latest step in the IMF’s financing arrangement with the country. The funds remain subject to approval by the IMF’s Executive Board.

TREE NEWS update: Chile’s central bank kept its benchmark interest rate unchanged at 4.5% on its latest policy decision, matching market expectations. The hold leaves borrowing costs at the current level as policymakers weigh the inflation and growth outlook.

TREE NEWS reports: Spot gold rose 1.09% to $4,060.55 an ounce in late New York trade on Tuesday, October 27, after touching a session low of $3,989.32 at 16:53 Beijing time and climbing steadily from 18:35. Spot silver gained 0.84% to $54.4211 an ounce. COMEX copper futures advanced 1.76% to $6.6577 a pound, trading higher throughout the day.

TREE NEWS update: Brazilian lawmaker and defeated presidential candidate Jair Bolsonaro’s lawyer said he has not been informed of any departure plans for Bolsonaro. The lawyer’s remark leaves unclear whether Bolsonaro intends to leave the country. No further details were provided on the circumstances or timing.

TREE NEWS reports: US API crude oil inventories fell by 2.031 million barrels last week, following a drawdown of 4.931 million barrels in the prior week. The data, released by the American Petroleum Institute, shows a smaller decline than the previous week’s figure.

TREE NEWS reports: MSCI’s emerging markets stock index rose 1%, while its gauge for developing-nation currencies gained 0.2%. The moves mark a stronger session for emerging-market assets.

TREE NEWS update: US President Donald Trump said closing the border required no new legislation, only a new president, recalling Joe Biden’s insistence that legislation was necessary. Trump said his administration secured the border within months of taking office without Congress passing new laws.

TREE NEWS reports: The Nasdaq 100 ETF closed up 1.27% on Tuesday, October 27, leading gains among major US asset-class ETFs. The Barclays US Convertible Bond ETF, gold ETF, Russell 2000 ETF and emerging markets ETF rose by as much as 1.23%, while the S&P 500 ETF, long dollar index and Dow ETF gained at most 0.56%. The 20+ Year Treasury ETF slipped 0.06%, the US real estate ETF fell 0.84%, and the Brent oil fund dropped 0.57%.

TREE NEWS update: The American Petroleum Institute (API) is scheduled to release its weekly industry crude oil inventory report at 04:30 Beijing time. Non-API members may receive the data details as early as around 04:32.

TREE NEWS update: Polling for Israel’s 26th Knesset election closed at 10 p.m. local time on Oct. 27, with turnout reaching 74.3% as of 8 p.m., up from 66.3% at the same point in the 2022 election, the Central Elections Committee said. The committee said it was the highest turnout recorded at that hour since 1988. Parties must clear a 3.25% threshold to enter the 120-seat parliament; preliminary results are expected Oct. 28 or 29, with final results due Nov. 4.

TREE NEWS reports: Exit polls indicate that Israeli Prime Minister Benjamin Netanyahu’s Likud party is projected to win 24 of the 120 seats in the Knesset. The projection places Likud as a leading party in the Israeli parliament. No further results or coalition details were provided in the exit poll data.

TREE NEWS reports: The Philadelphia Semiconductor Index climbed 3.5% and the memory-chip index rose 3.1%, while the AI Winners Index added 1.8% and the AI Software Pioneers Index was flat. The S&P 500 initially closed up 0.5%, with tech and consumer discretionary sectors gaining more than 1.4% and energy falling 2.1%. The Nasdaq 100 initially rose 1.2%, led by Nebius Group NV up 11.3%, ALAB, RKLB and CoreWeave up at least 7.9%, and Western Digital up 6.8%.

TREE NEWS update: US President Donald Trump said Venezuela could become a prosperous 51st US state in the near future, suggesting it would no longer have a president but elect a governor instead. The remark was made in comments on Venezuela, without further details on timing or mechanism.

TREE NEWS update: US President Donald Trump reiterated that oil is flowing through the Strait of Hormuz. The statement reaffirms the status of the key waterway as a transit route for crude shipments, without providing further details on volumes or timing.

TREE NEWS reports: The dollar rose 0.26% against the yen to 157.91 in late New York trading on Tuesday, October 27, within a daily range of 157.42 to 157.96. The euro slipped 0.08% against the yen while the pound gained 0.06%. The yen fell 0.31% against the offshore yuan to 4.2203.

TREE NEWS update: The 8th Summit of the Gas Exporting Countries Forum was held on September 27 at the Moscow International Trade Center, closing the same day with the adoption of the Moscow Declaration. The declaration reaffirms that gas-exporting countries hold absolute and unshakable sovereign rights over their own natural resources.

TREE NEWS reports: CBOT corn futures fell 1.10% to $4.50 a bushel on Tuesday, with wheat down 0.85% at $6.11 a bushel and soybeans down 0.82% at $12.4325 a bushel. Soybean meal dropped 1.62% and soyoil lost 0.57%, while the Bloomberg Grains Subindex fell 1.06% to 30.2220 in late New York trading. Lean hogs slid 3.9%, live cattle eased 0.15% and feeder cattle gained 0.33%.