Flash News

TREE NEWS reports: Germany’s economic advisers forecast inflation of 2.8% in 2026 and 3.3% in 2027, and project GDP growth of 1.3% in 2026 and 1% in 2027. The council also warned that defense borrowing will create fiscal pressure.

TREE NEWS reports: The collapse of Paraguayan digital bank Ueno left customers scrambling for access to their money, with stablecoins emerging as an alternative lifeline. The episode exposed the fragility of digital banking in Paraguay, where depositors turned to dollar-pegged tokens when conventional withdrawal channels seized up. No figures on deposits or the size of the bank’s shortfall were disclosed.

TREE NEWS reports: OP_CHECKCONTRACTVERIFY (OP_CCV), the core opcode of the MATT bitcoin covenant proposal, embeds contract state directly into Taproot output keys and enforces valid state transitions onchain. The design enables stateful contracts and compact fraud proofs on Bitcoin. The material did not disclose a deployment date or activation timeline.

TREE NEWS reports: Anthropic’s hotly anticipated IPO has drawn orders several times the shares on offer. The artificial intelligence company’s offering is thus oversubscribed by a multiple ahead of its listing. No pricing, size or timing details were immediately available.

TREE NEWS update: Rosatom CEO Alexei Likhachev said on the 10th that the Russian state nuclear corporation plans to select a design for a lunar nuclear power plant by 2027. The announcement sets a 2027 deadline for choosing the reactor concept for the lunar facility. No further details on the design options or the plant’s power capacity were provided.

TREE NEWS reports: Russia’s crude oil production rose by 41,000 barrels per day in October from September to 8.668 million b/d, OPEC’s monthly report showed. The figure puts Russian output at that level for the month, as reported in the group’s latest monthly market assessment.

TREE NEWS reports: OPEC held its global oil demand growth forecasts steady in its monthly report, projecting an increase of 200,000 barrels per day in 2026 and 2.6 million bpd in 2027, both unchanged from last month. The group also nudged up its 2026 global economic growth forecast to 3.1% while keeping its 2027 estimate at 3.2%.

TREE NEWS reports: OPEC’s monthly report showed the group’s crude oil production rose to 27.164 million barrels per day in October, up from 25.199 million b/d in September. The increase of nearly 1.97 million b/d marks a sharp month-on-month jump in the cartel’s output.

TREE NEWS reports: CoreWeave’s third-quarter revenue rose 168% to $3.66 billion, beating analyst estimates by 3.4%, sending the stock up 15% in premarket trading. The company’s revenue backlog reached $132.5 billion.

TREE NEWS reports: Fuel oil rose more than 3% at the open of night futures trading, while low-sulfur fuel oil, propylene, crude oil, ethylene glycol, LPG, synthetic rubber and polypropylene each gained over 2%. Benzene and methanol advanced more than 1%. Wood pulp and Shanghai lead edged lower. The moves came at the start of the night session.

TREE NEWS reports: Saudi Arabia reported to OPEC that its crude oil production increased 26% last month, reaching its highest level since before the conflict broke out. The figure, submitted to the producer group, marks a sharp monthly rise in Saudi output.

TREE NEWS update: The US Treasury market will be closed on November 11 in observance of Veterans Day, halting cash and futures trading in government debt for the federal holiday. No Treasury securities will trade that session, and the market is scheduled to reopen the following business day. The closure applies to the federal holiday honoring military veterans.

TREE NEWS update: UBTech said on Nov. 11 it signed a strategic cooperation agreement with Yongda Auto, which will purchase 400 of its U1 Pro hyper-realistic humanoid robots for delivery within the year. UBTech confirmed the order is the first large-scale order it has disclosed for its hyper-realistic humanoid robots. At the U1 Pro’s JD.com list price of 169,800 yuan per unit, the order is worth more than 65 million yuan.

TREE NEWS reports: Vendors at Shenzhen’s Huaqiangbei electronics market on Nov. 11 denied reports that high-end graphics card prices had swung sharply, saying a quoted drop from 18,000 yuan to 14,000 yuan per card did not reflect the market. Several merchants said prices had only seen sustained adjustment rather than large volatility.

TREE NEWS update: The Henan Provincial Government Offices Housing Fund Management Center issued a notice on Nov. 11 allowing provident fund withdrawals for self-occupied home renovation. Applicants must have owned their Zhengzhou home for at least six months and not previously claimed renovation withdrawals, with property documents dated within five years or at least 15 years old. The withdrawal is set at 1,500 yuan per square meter of registered floor area, capped at 150,000 yuan.

TREE NEWS reports: Indonesia’s President Prabowo Subianto has accepted the resignation of the country’s vice president. No reason was given for the resignation, and no further details on the timing or circumstances were immediately available.

TREE NEWS update: Satei Chemical signed an investment cooperation agreement with the Xuwei New Area Management Committee on November 11, 2026, to build a propylene and downstream high-end new materials project with total investment of about 20.7 billion yuan ($2.9 billion). The first phase is planned at 12 billion yuan and will take up to three years to construct. The plan, approved by the company’s board, still requires shareholder approval.

TREE NEWS update: Bitcoin Core has disclosed three previously patched security vulnerabilities, including a high-severity bug affecting block template creation. The disclosure covers fixes already shipped in earlier releases. The high-severity flaw could have impacted miners’ ability to construct block templates.