Flash News

TREE NEWS reports: The People’s Bank of China set the yuan’s daily midpoint at 6.7171 per dollar, 9 pips weaker than the previous fix of 6.7162. The prior official close was 6.6681, while the overnight session ended at 6.6695.

TREE NEWS update: The Korea Exchange activated its SIDECAR circuit breaker on KOSPI, suspending programmatic buying orders. The mechanism halts automated buy-side trading on the main board, a step the exchange takes to curb sharp moves in the index. No further details on the trigger or the duration of the suspension were given.

TREE NEWS reports: The MSCI Asia-Pacific Index rose 1% to 260.79 points, a broad regional equity benchmark move. The gain reflects strength across Asia-Pacific stock markets in the session.

TREE NEWS reports: Taiwan’s TAIEX weighted stock index extended its advance to 1% on the day. The benchmark’s move reflects broad gains across the exchange’s listed shares. No further details on sector performance or individual stocks were provided.

TREE NEWS reports: Asphalt futures rose more than 3% at the open of Chinese commodity trading, while liquefied petroleum gas, methanol, lithium carbonate, propylene and Shanghai zinc each gained over 1%. Caustic soda fell more than 4%, with palm oil and styrene down over 2%.

TREE NEWS reports: FTSE China A50 index futures opened 0.37% higher, following a 0.19% gain in the previous trading day’s night session. The move tracks early futures trading in the benchmark index of China’s largest A-share companies.

TREE NEWS reports: Japan’s Nikkei 225 rose as much as 2% during intraday trading, extending its advance. The index’s move higher reflects the broader session’s momentum in Tokyo equities.

TREE NEWS reports: Margin financing balances across the Shanghai and Shenzhen stock exchanges fell by a combined 5.56 billion yuan to 2.39 trillion yuan as of Oct. 26. The Shanghai exchange’s balance dropped 2.65 billion yuan to 1.23 trillion yuan, while Shenzhen’s fell 2.91 billion yuan to 1.15 trillion yuan, each compared with the previous trading day.

TREE NEWS reports: US equity futures rose modestly, with S&P 500 futures gaining 0.2% and Nasdaq 100 futures adding 0.4%. The move signals a slightly firmer open for Wall Street as investors position ahead of the session.

TREE NEWS reports: Private consumption in South Korea is expected to recover gradually from the fourth quarter through the first quarter of 2027, a Bank of Korea official said. Third-quarter GDP data led to a 0.35 percentage point upward revision in this year’s economic growth forecast.

TREE NEWS reports: South Korea’s benchmark KOSPI index rose more than 4% on the day. The move marks a sharp single-session gain for the Seoul stock market. No further details on the drivers or specific closing levels were provided.

TREE NEWS reports: Japan’s Nikkei 225 opened 0.5% higher, while South Korea’s KOSPI opened up 3.5%. SK Hynix rose more than 6% and Samsung Electronics gained more than 4% in early trade.

TREE NEWS reports: UK shop prices rose 2.1% year-on-year in October, up from 1.4% in the previous month, the BRC shop price index showed. The acceleration marks a pickup in retail price inflation at the start of the fourth quarter.

TREE NEWS update: China is set to issue or is currently issuing local government bonds. The bonds are being offered as part of the country’s local government financing schedule. No further details on the size, timing, or pricing of the issuance were provided.

TREE NEWS reports: ASML’s direct contribution to the Dutch economy could rise to as much as 1.6% in 2026, up from 1.3% in 2025, ING said in a report published Monday. Surging artificial intelligence demand has lifted the chip equipment maker’s market value to €547 billion ($613 billion), making it Europe’s most valuable company. ING researchers cited Finland’s Nokia as a cautionary example of the risks of an economy becoming dependent on a single company.

TREE NEWS reports: Japan’s services producer price index rose 3.7% year-on-year in September, matching the 3.7% forecast and unchanged from the prior reading of 3.7%. The reading indicates service-sector prices held steady at the same annual pace as the previous month.

TREE NEWS reports: Nikkei 225 futures climbed 1.8% in early trading, pointing to a higher open for Japanese equities. The move reflects gains in the futures market ahead of the cash session.

TREE NEWS update: Japan’s finance minister, Satsuki Katayama, said she will respond with a sense of urgency to losses from foreign exchange trading. No new reports of unauthorized FX trading cases have been received. She also said the international community shares a common sense of urgency regarding cyberattacks.

TREE NEWS reports: Postal Savings Bank of China researcher Lou Feipeng said in a Securities Times column that the People’s Bank of China is encouraging a dual “LPR+DR001” loan pricing benchmark. The PBOC will study switching the tenor of its main open market operations to overnight, making the overnight repo rate the main policy rate, and will issue policy guidance on diversified loan pricing benchmark reform, Lou wrote.

TREE NEWS update: Valdemar Costa Neto, chairman of Brazil’s Liberal Party, recognized incumbent President Luiz Inácio Lula da Silva of the Workers’ Party as the winner of Brazil’s 2026 presidential election on the 26th. The move follows the refusal by Flávio Bolsonaro, the Liberal Party’s presidential candidate and son of former president Jair Bolsonaro, to concede defeat in the second round of voting held on the 25th.