Flash News

TREE NEWS reports: Brazilian lawmaker Bolsonaro has traveled to the United States after losing last weekend’s presidential election. The report did not specify his itinerary or how long he intends to stay. The trip follows his defeat in the vote held over the weekend.

TREE NEWS update: President Donald Trump is set to unveil a plan to roll back federal requirements aimed at cutting methane emissions from oil and gas operations, framing it as a way to boost domestic energy production and lower costs. The EPA proposal targets Biden-era rules that forced energy companies to replace leak-prone equipment and regularly inspect wells for escaping gas. The EPA estimates the plan would save about $45 billion between 2027 and 2050 while producing an additional 210 million barrels of oil and 1.41 trillion cubic feet of natural gas.

TREE NEWS reports: Millennium Management, the $97 billion hedge fund, is developing tools for its portfolio managers to use data from prediction market platforms including Polymarket and Kalshi as trading signals for traditional asset classes, with some managers focusing on geopolitical, economic and commodities-related markets. The fund does not currently trade prediction market contracts directly, and Millennium, Polymarket and Kalshi all declined to comment.

TREE NEWS reports: International copper rose 0.6% in the night session, while Shanghai copper gained 0.72%, Shanghai aluminum added 0.79%, Shanghai zinc climbed 0.37% and Shanghai lead advanced 0.92%. Shanghai nickel was the outlier, falling 0.14%, as Shanghai tin rose 0.49%. Alumina jumped 1.73% and aluminum alloy gained 0.61%, while stainless steel edged down 0.07%.

TREE NEWS update: ASM International reported third-quarter net profit of €308.1 million, topping the €302.3 million analyst estimate. The Dutch semiconductor equipment maker posted an operating margin of 32.7% versus 32% expected, and a gross margin of 52% against a 50.8% consensus. The results, released Thursday, show profitability ahead of forecasts on both operating and gross lines.

TREE NEWS reports: Saudi Aramco has been offering spot oil cargoes to European buyers for this month and next, seeking to offset supply lost after an attack on its East-West pipeline halted exports from the Red Sea port of Yanbu. The company had told European refiners they would receive no term-contract cargoes in October. Traders said the added Saudi supply has increased downward pressure on some European crude grades, pushing prices lower this week.

TREE NEWS update: Russian President Vladimir Putin spoke by phone with Norwegian Prime Minister Jonas Gahr Støre and Finnish President Alexander Stubb on the 27th, with the 90-minute call initiated by the Nordic leaders. It was Putin’s first call in over a year with leaders of European states backing Ukraine, and the three agreed to maintain direct phone contact. Danish Prime Minister Mette Frederiksen criticized the move as weakening European unity, while Støre said Europe must also be able to talk to Russia’s leader.

TREE NEWS reports: Galaxy Digital founder and CEO Michael Novogratz said anxiety in global credit markets over AI spending may be nearing a peak, describing conditions as somewhat “indigestible.” Speaking on a call Tuesday after Galaxy reported third-quarter results, he said there is no easy path out but time should gradually improve the situation.

TREE NEWS update: The presidents of Iran and Russia met in Moscow, Iran’s Tasnim news agency reported. The report gave no further details on the agenda, the participants’ names or any agreements reached at the meeting. The encounter marks the latest high-level contact between the two countries.

TREE NEWS reports: ICE UK natural gas futures fell 0.7% to 236.700 pence per therm in late European trading on Tuesday, October 27, after touching 231 pence at 18:39 Beijing time. TTF benchmark Dutch gas futures rose 0.78% to 95.900 euros per megawatt-hour. ICE EU carbon allowance futures slipped 0.16% to 88.05 euros per tonne.

TREE NEWS reports: Traders expect Russia’s western oil exports to fall by 100,000-200,000 barrels per day in November as domestic refineries ramp up output. The projected decline reflects higher refinery throughput absorbing crude that would otherwise be shipped abroad.

TREE NEWS reports: The MSCI Nordic Countries Index rose 0.6% to 399.37, its highest close since Sept. 9. Financials posted the biggest gain among the ten sectors, while Nokia led individual Nordic stocks with a 3.5% advance.

TREE NEWS update: Russia’s Foreign Ministry said it has barred seven executives of British defense companies from entering the country. The ministry said the companies supply weapons and military technology to the Kyiv government. The entry ban was announced without further details on the individuals or the firms involved.

TREE NEWS update: Ukraine and Russia both observed a ceasefire in designated areas of the Oleshky region tied to a humanitarian mission as of 17:30 on October 27, Ukrainian Parliament Human Rights Commissioner Dmytro Lubinets said. No violations were recorded by either side. The truce took effect at 03:00 Kyiv time that day and runs until 22:59 on November 1.

TREE NEWS reports: Germany’s DAX 30 index closed provisionally up 0.78% at 25,608 points. France’s benchmark index rose 0.61% and Italy’s gained 0.84%, with its bank index up 1.1%, while the UK index fell 0.75%. The moves reflect mixed European equity performance across the region’s major markets.

TREE NEWS update: The U.S. Commodity Futures Trading Commission intends to disclose its Commitments of Traders position reports twice a week, up from the current once-weekly schedule. The CFTC has not specified a start date for the increased frequency. The reports cover futures and options positioning across the markets the agency regulates.

TREE NEWS update: Brazil’s Supreme Court Justice Flávio Dino on the 27th ordered federal police to investigate defeated Liberal Party presidential candidate Jair Bolsonaro over suspected receipt of foreign funds and manipulation of social media during his campaign. The probe will focus on financial dealings between the U.S. conservative group Rockbridge Network and Bolsonaro’s campaign team, and on identifying who paid for suspected paid political content posted by overseas social media accounts.

TREE NEWS update: Melania Trump, wife of U.S. President Donald Trump, said a partial ceasefire in Ukraine has already begun. She did not specify the scope, location or terms of the truce in the remarks as given. No further details were provided.

TREE NEWS update: Russian Foreign Minister Sergei Lavrov said the war in Ukraine will continue and is trending toward escalation, speaking to African media editors. He said Finland’s president and Norway’s prime minister offered nothing new on Ukraine in calls with President Vladimir Putin, and that European countries are seeking a role in talks while the Trump administration remains open to dialogue with Russia. Lavrov said the diesel supply agreement with the United States is a commercial transaction unrelated to political concessions.

TREE NEWS update: Honda warned that raising Canadian auto tariffs to 50% would deal a catastrophic blow to the automotive industry. The company issued the warning as the tariff threat hangs over cross-border vehicle trade. No effective date or further details were given.