A · Important
[Overnight global news you need to know on Saturday: Trump said Russia will immediately supply diesel; the three major U.S. stock indexes collectively closed higher; Micron Technology expanded its stock buyback plan to US$35 billion in December]
1. Trump said that the United States and Russia have reached an agreement that Russia will immediately supply more than 300,000 tons of diesel to the U.S. and global markets, followed by an additional 500,000 tons in November, and 1 million tons shortly thereafter. In addition, Russia will deliver an additional 3 million tons of diesel fuel at short notice, depending on the status of its refineries.
2. According to the report of the European-Mediterranean Seismological Center, at 12:56 local time on the 9th, a 7.7-magnitude earthquake occurred in the Makarakas area of central Panama, with a focal depth of 12 kilometers. The U.S. Tsunami Warning System issued a tsunami warning.
3. Information released by the White House on the 9th showed that US President Trump signed a memorandum on the 7th to establish a committee to investigate allegations that US Federal Reserve Board Director Lisa Cook was involved in housing mortgage fraud and make recommendations on whether this constitutes grounds for dismissal from her position.
4. U.S. President Trump announced on social media on the 9th that he has appointed conservative commentator Katie Zakaria as White House press secretary to replace Caroline Leavitt, who resigned.
5. Russian Deputy Prime Minister Novak said that Russia will immediately begin to lift restrictions on diesel exports, earlier than originally planned.
6. U.S. bank deposits rose to $19.693 trillion from $19.638 trillion the previous week.
7. The latest survey by the Federal Reserve shows that by the end of 2025, the proportion of households with overdue loan repayments has increased from about 12% in the previous round of surveys to nearly 20%, an increase of approximately 67%.
8. Since the United States and Israel started war with Iran, the price of diesel in the United States has increased by about 70%, with the national average price reaching $6.28 per gallon on October 8.
9. Standard & Poor's confirmed the UK's "AA/A-1+" rating, with a stable outlook. S&P affirms Egypt's 'B/B' rating with stable outlook.
10. Micron Technology’s board of directors approved the expansion of the stock repurchase plan, which will take effect in December. Micron said in its 10-K filing that its board of directors "approved an increase in the maximum amount of common stock that may be repurchased at its discretion beginning December 9, 2026 to $35.16 billion."
11. The three major U.S. stock indexes collectively closed higher. The Dow Jones Industrial Average rose 0.83%, with a cumulative gain of 0.93% this week; the Nasdaq rose 0.64%, with a cumulative gain of 0.64% this week; the S&P 500 Index rose 0.59%, with a cumulative gain of 1.15% this week. Livermore's leading Chinese concept stock index closed up 2.34%, and popular Chinese concept stocks generally rose.
12. The settlement price of WTI crude oil futures was US$91.85/barrel, up 36 cents, or 0.39%. Brent crude oil futures settled at $104.72 per barrel, up 44 cents, or 0.42%.
13. COMEX gold futures closed up 1.52% at US$4,220.3 per ounce; COMEX silver futures rose by 2.84% at US$61.11 per ounce.
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