Market-Moving Headlines.

Moscow Oblast reportedly comes under mass Ukrainian drone attack

[MARKET UPDATE] Asia-Pac stocks begin mostly higher following the positive handover from Wall St, where all major indices gained despite continued upside in long-term Treasury yields, while the Nasdaq led the advances and printed a fresh record high

US President Trump announced and signed an executive order to waive off-road requirements to allow anyone to purchase tax-free red-dyed diesel

KKR (KKR) is to acquire private capital fund administrator Gen II for enterprise value of USD 5.1bln

US President Trump says in speech in Nebraska that we were able to eliminate Iran's military capabilities and secure the Strait of Hormuz, also says the war in Iran will end soon one way or another and prices will fall

Australian Westpac Consumer Confidence Index (Oct) 80.4 (Prev. 84.4)

PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: LG Electronics (066570 KS) US subsidiary signed a long-term agreement with AIR Control Concept to supply high-efficiency chillers and other cooling solutions for AI data centres with total capacity of 5GW

JAPAN Honda Motor (7267 JT) - Co. and Taisei (1801 JT) plan to test wireless EV charging at highway speeds as early as FY27, while Applied Intuition will provide vehicle OS and development tools for Honda’s next-generation software-defined vehicles. (Nikkei/Newswires) Kioxia Hold…

Australian Westpac Consumer Confidence Change (Oct) -4.7% (Prev. -5.2%)

Australia's Treasurer Chalmers says private sector is leading growth in Australia's economy, adds Australia has a long-standing productivity challenge but noted Australia's economy story is a positive one

Says: Higher borrowing costs will play out in the budget. Seeing immense and welcome level of interest from Japan

PRE-MARKET AUSTRALIAN STOCKS NEWS: Infratil (IFT AT) jointly-owned CDC Data Centres has reportedly scrapped its AUD 73bln Project Southgate AI alliance with Firmus Technologies and NVIDIA (NVDA)

CSL (CSL AT) - Co. could spend up to AUD 2.2bln developing a drug to treat rare kidney and liver diseases under an exclusive agreement with Swiss biotech start-up Alentis Therapeutics. (AFR) Dexus (DXS AT) - Co. has sent out bankers to seek deep-pocketed equity investors for Aust…

Lebanese source report overnight attack by Israel in southern Lebanon

Israeli army conducting an attack at the Jabalia camp in northern Gaza Strip, according to Tasnim

US President Trump posts "The Radical Left is upset with the fact that I am taking Ads, which I consider to be a positive promotion for our Great U.S.A., and paying for them with U.S.A. money..."

Full post: "The Radical Left is upset with the fact that I am taking Ads, which I consider to be a positive promotion for our Great U.S.A., and paying for them with U.S.A. money. This is a rather standard thing to do but, rather than doing that, although nothing will make them ha…

Saudi-led coalition says it destroyed a Sanaa missile launcher

US Navy helicopter transmitted an emergency code over the Red Sea, while a report noted that the helicopter most likely crashed into the Red Sea, citing analysis of flight data

RBNZ says New Zealand financial stability report will be published on November 17th

Wall Street banks begin offloading part of a new USD 60bln debt package to fund Anthropics lease of Google (GOOG) semiconductors, according to FT

NY Fed has been visiting big banks to review their loans to private credit firms and understand their exposure, while officials have gone into JPMorgan, Wells Fargo, Barclays, and Morgan Stanley since spring with questions about overall exposure and risk

South Korean Foreign Exchange Reserves (Sep) 440.56B (Prev. 442.28B)

New Zealand NZIER Business Confidence (Q3) 43% (Prev. 8%)

US CENTCOM says it maintains strict enforcement of the US blockade against Iran and redirected the 130th commercial vessel in the Middle East on Monday

OpenAI is in talks with UAE funds and BlackRock for a USD 30bln funding round, while it also held funding talks with Thrive and Andreessen Horowitz

Air traffic halted at Riyadh airport due to a Houthi attack

Saudi aggression reported on Yemen's capital Sanaa, according to Sabereen

Pinterest (PINS) CFO Julia Brau Donnelly to step down as effective October 26th, 2026

Houthi spokesperson says in response to the Saudi aggression, they carried out three qualitative military operations using a large number of ballistic and cruise missiles and drones

The first of which targeted King Khalid International Airport in Riyadh. The second targeted the Aramco refinery in Rabigh, causing a fire breaking out at the targeted site. The third operation targeted Abha Airport, Khamis Mushait Air Base, the Aqifa camp in Asir, and other crit…

Saudi Led Coalition announces naval forces carried out a military operation in Yemens' Al Hodeidah province

We thwarted a plot for imminent attacks targeting waterways in the southern Red Sea. The operation included the destruction of legitimate military targets belonging to the terrorist Houthi militia. We destroyed weapons depots, warehouses for booby-trapped boats, and sea mines. Th…

McKesson (MCK) and PE firm Clayton Dubilier & Rice are in advanced talks to acquire Option Care Health (OPCH) in a deal valuing the business at USD 5bln including debt, reports FT

Mattel (MAT) reportedly facing growing shareholder pressure to consider sale

US Treasury says banks may be sanctioned for doing business with Iran

US FX WRAP: Dollar gains to detriment of G10 peers as Aussie outperforms

The Dollar Index was firmer on Monday, to the detriment of most G10 FX peers. Currency specific newsflow was light to start the week, and there was little move to a mixed ISM Services report. NZD, EUR, and CHF were the G10 laggards, while the Aussie was the clear outperformer and…

US Treasury removes several individuals from Iraq and Venezuela from sanctions list

US Treasury has removed some Iraq and Venezuela individuals from sanctions

Saudi and Yemeni forces pressed a counteroffensive against Houthi fighters Monday, officials said, seeking to oust the rebels from Mokha and ease the threat to energy exports though the narrow Bab al-Mandeb strait, reports WSJ

US President Trump on Iran, says always open to direct talks; on Saudis and Houthis, it will all work out

US President Trump is in no rush to resume Canada trade talks

US President Trump says lack of refineries is the problem

US President Trump says he is going to campaign in Michigan, maybe Maine too

The Houthis are still present in Mocha and Bab al-Mandab and no violations have been recorded in the area, reports Al Mayadeen

There was a slight advance by Saudi-backed forces in Al-Mudharabah, near Bab al-Mandab, and that they were targeted.

Houthi Spokesperson says a statement is expected announcing a number of qualitative military operations deep inside Saudi territory

Preview: US to sell USD 58bln of 3-year notes on Oct 6th, USD 39bln of 10yr notes on Oct 7th, and USD 22bln of 30-year bonds on Oct 8th; all to settle on October 15th

Yields have risen notably over the last month, offering investors a more attractive entry point into this week's auctions. The 3-year yield currently trades at 4.957%, well above the prior auction's high yield of 4.474%, while the 10-year trades at 5.300% versus the prior 4.834%,…

Genmab (GMAB) and AbbVie (ABBV) announce Epcoritamab in combination with R-CHOP demonstrates statistically significant improvement in Progression-Free Survival in Patients with newly diagnosed Diffuse Large B-Cell Lymphoma

CRUDE WRAP: WTI (X6) SETTLES USD 1.68 LOWER AT 89.43/BBL

The crude complex ended the day in the red, albeit in choppy trade, amid a slew of market moving headlines. Initially, benchmarks saw upside after AFP reported that Saudi Arabia's East-West oil pipeline pumping reportedly halted after a new attack. However, oil swiftly pared thes…

SpaceX (SPCX) is seeking approval to build a 32.4-mile natural gas pipeline in Florida to supply methane for Starship launches from Cape Canaveral

US Treasury Secretary Bessent says Operation Economic Outcast is delivering results; Iran loaded zero crude oil onto tankers last month, and Iran’s top security official has admitted the country is facing one of the most difficult periods in its history

The Iranian regime allows its own people to suffer while it pours resources into terrorism. Operation Economic Outcast will not stop until the Iranian regime understands that the Trump Administration will never allow the regime to fund terrorism and develop a nuclear weapon.

Regional sources have revealed a plan by the Saudi Royal Security Team to launch a group of American-made Lucas drones towards Mecca and target the Holy Kaaba and a number of residential areas around it, reports Fars

Meta (META) and Microsoft (MSFT) work to wean staff off Anthropic's Claude, reports The Information

The Yemeni armed forces are now launching a missile barrage towards their targets, reports Sabren News

Saudi Foreign Minister says the Mecca Defence Alliance Committee says collective deterrence measures will confront attacks and those responsible; alliance reaffirms commitment to confronting attacks against Saudi and holy sites

Boeing (BA) receives seven year contract to accelerate PAC-3 MSE seeker output; awarded USD 14.70bln contract by Lockheed (LMT)