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04:12:00

Senate Majority Leader John Thune said that Republicans currently do not have enough votes in the Senate to end the rules on lengthy debates, and that he has had in-depth conversations with President Trump about the matter.

04:10:56

An emergency alert indicated that an "armed attacker" had appeared at the Shannon Library on the University of Virginia's Charlottesville campus.

04:05:40

According to data from the U.S. Treasury Department, from July to September 2025, the Treasury Department's net outstanding debt in privately held securities reached $1.058 trillion, with a cash balance of $891 billion at the end of the quarter.

04:04:35

The U.S. Treasury Department expects net borrowing to reach $578 billion in the first quarter of next year.

04:02:28

As of November 3, the U.S. federal government shutdown had lasted 34 days, making it the second longest shutdown in history, just one day shorter than the record of 35 days set in 2018-2019.

04:02:27

The U.S. Treasury Department estimates it will borrow $569 billion in the fourth quarter.

04:00:20

U.S. Senate Republican Leader Thune said there is no vote to end obstruction of proceedings.

04:00:18

U.S. Senate Republican Leader Thune said he had detailed discussions with Trump about obstructing proceedings.

03:59:15

A 5.5-magnitude earthquake struck 138 kilometers east of the Ozernovsky District in Russia, according to the U.S. Geological Survey.

03:49:45

Since the government shutdown began, more than 3.2 million U.S. airline passengers have experienced flight delays or cancellations due to air traffic controller staffing issues, according to the American Airlines organization.

03:36:03

According to the U.S. Geological Survey, a 5.2-magnitude earthquake struck 136 kilometers east of Yamada, Japan.

03:18:59

Federal Reserve Governor Cook stated that he will continue to fulfill his sworn duty on behalf of the American people.

03:09:28

Three sources familiar with the matter revealed that the head of oversight for the Federal Housing Finance Agency is about to be dismissed.

02:42:59

Bank of Canada Governor Macklem stated that U.S. companies primarily pay for U.S. tariffs.

02:29:16

Vulcan Elements is in ongoing negotiations with the Office of Strategic Capital and the U.S. Department of Commerce’s Office of the Chip Project to finalize due diligence requirements.

02:27:12

The U.S. Commerce Department and the Pentagon pledged on Monday to provide financing and potentially equity to a domestic rare earth magnet producer. The Commerce Department signed a non-binding preliminary letter of intent to provide Vulcan Elements with $50 million to purchase equipment for the production of permanent magnets needed for critical products such as fighter jets and wind turbines, in accordance with the 2022 Chip Act. North Carolina-based Vulcan Elements said it will receive a $620 million direct loan and $550 million in private capital from the Pentagon's Strategic Capital Office to build a 10,000-ton magnet factory in the United States. CEO John Maslin said in an interview that it was a "dream come true," stating that this was to increase existing capacity and reach a scale meaningful to the nation.

02:18:45

A U.S. jury has ruled that Samsung infringed on OLED display patents and ordered Samsung to pay $191.4 million in damages.

02:04:03

U.S. Steel expects the project to create 250 jobs.

02:02:57

According to a recent report by Options Group, stock traders are expected to be the biggest winners when banks distribute bonuses this year, with their total bonuses nearly 14% higher than last year. This increase will bring bonuses for this business to their highest level in a decade, while the average increase for global fixed income traders is only 2.9%, and investment bankers' bonuses are expected to increase by about 12%, also the best in a decade. Options Group CEO Michael Karp said in an interview that "stocks and investment banking are undoubtedly the big winners," and emphasized that banks know they need to reward employees and ensure that private equity, private lending, and all second- and third-tier institutions seeking expansion in the United States do not poach talent. The report is consistent with New York State Comptroller Thomas DiNapoli's prediction last month, who said that Wall Street bonus pools could break records as the profits of the 130 member firms of the New York Stock Exchange are expected to reach record highs.

02:02:52

On Monday, November 3, the South Korean won ultimately rose 0.07% against the US dollar, closing at 1430.56 won.

02:02:49

U.S. quarterly cardboard box sales hit a 10-year low, potentially foreshadowing weak holiday retail sales. The continued slowdown in cardboard box sales has exacerbated concerns about a sluggish holiday season. Data released Friday by the Corrugated Packaging Association (CPA) showed that third-quarter corrugated box shipments fell to their lowest level since 2015, continuing the downward trend of the previous quarter. In recent weeks, several packaging companies have warned that economic uncertainty is suppressing retailers' and consumers' spending. Corrugated boxes are used for goods transportation packaging and store displays, and their shipments are often a leading indicator of demand for food and consumer goods. This time of year is crucial for the cardboard box industry, with shipments typically peaking in October to help retailers prepare for the holiday season. A Bloomberg industry research survey of cardboard box manufacturers showed that October orders were flat or below normal levels. Meanwhile, the U.S. consumer confidence index fell to a five-month low, and manufacturing activity declined for the eighth consecutive month. Thomas Hassfurther, president of Packaging Corp of America, said last month, "Clearly, the current economy hasn't provided much of a boost, and recurring tariff policies and other issues are impacting operations."

02:02:30

In October, Italy reported a budget deficit of €19.7 billion.

01:52:02

[US Quarterly Cardboard Box Sales Hit Lowest Level in Decade, Potentially Signaling Weak Holiday Retail Sales] The continued slowdown in US cardboard box sales has further exacerbated concerns about a weak holiday season for retail sales. According to data from the Corrugated Packaging Association (CPA), a US industry group, third-quarter corrugated box shipments fell to their lowest level for the same period since 2015, continuing the sluggish trend of the previous quarter. In recent weeks, several packaging companies have warned that economic uncertainty is suppressing the spending intentions of retailers and consumers. Corrugated boxes are primarily used for shipping goods and in-store displays, and their shipments are often considered a leading indicator of demand for food and consumer goods. This period is crucial for the cardboard box industry each year, with shipments typically peaking in October to help retailers prepare for the holiday season. A Bloomberg Intelligence survey of cardboard box manufacturers showed that orders in October were flat or below normal levels. Meanwhile, the US consumer confidence index fell to a five-month low, and manufacturing activity declined for the eighth consecutive month.

01:33:46

[Eurozone Sovereign Bond Yields Rise by Over 2 Basis Points] On Monday (November 3), in late European trading, the yield on German 10-year bonds rose 3.4 basis points to 2.667%, trading within a range of 2.634%-2.667% throughout the day, trending upwards with continuous fluctuations. The yield on 2-year German bonds rose 2.9 basis points to 1.998%, gapping up initially before slightly retreating to a daily low of 1.973% at 15:59 Beijing time (one minute before the European stock market opened). It then fluctuated at low levels until 18:30, before steadily rising to 1.998% at 00:59. The yield on 30-year German bonds rose 4.0 basis points to 3.251%. The spread between 2-year and 10-year German bond yields widened by 0.413 basis points to +66.687 basis points.

00:49:31

The STOXX Europe 600 index closed up 0.04% at 572.10 points. The STOXX Eurozone 50 index closed up 0.22% at 5674.50 points. The FTSE Eurotop 300 index closed up 0.05% at 2275.75 points.

00:49:02

The U.S. Treasury auctioned three-month Treasury notes, with a winning bid of 3.815% and a bid-to-cover ratio of 2.62. It also auctioned six-month Treasury notes, with a winning bid of 3.700% and a bid-to-cover ratio of 2.92.

00:48:48

[Government Shutdown Impacts Aviation Safety: US Transportation Secretary Says National Airspace Will Be Closed If Necessary] As the US government shutdown enters its second month, Transportation Secretary Sean Duffy stated that he would close US airspace if officials determine that air travel is dangerous. "If we think it's unsafe, we'll close the entire airspace," Duffy said. He noted that the US hasn't reached that point yet, but the shutdown does expose the aviation system to greater risks. Due to a growing shortage of air traffic controllers since the shutdown began on October 1st, the Federal Aviation Administration (FAA) had to slow air traffic at many airports last week. Air traffic controllers continue to work without pay. The FAA posted on social media that half of its 30 busiest facilities were understaffed on Friday. The FAA stated that nearly 80% of air traffic controllers handling flights in the New York area were absent that day. According to FlightAware data, more than 6,200 flights were delayed and nearly 500 were canceled in the US on Friday.

00:35:24

U.S. Treasury prices fell further, while the 10-year Treasury yield rose about 4 basis points to 4.1202%—breaking through last week's high and approaching the intraday high of 4.1384% on October 10. On the daily chart, the 10-year Treasury yield has been trending downwards since reaching 4.6247% on May 22.

00:35:08

[Government Shutdown Nears Record, US Faces Double Pressure on Livelihoods and Economy] The US federal government shutdown entered its 34th day on November 3, just shy of breaking the historical record of 35 days set during the shutdown from the end of 2018 to the beginning of 2019. The destructive impact of this shutdown is directly affecting and continuing to expand in sectors such as civil aviation, food, and healthcare, placing double pressure on people's livelihoods and the economy. (CCTV News)

00:35:03

U.S. Treasury prices fell further, while the 10-year Treasury yield broke through last week's high.

00:19:45

[Global Major Manufacturing Economies Struggle, US Tariffs Severely Impact Factory Orders] Business surveys show that the recovery of major global manufacturing economies was weak in October, with sluggish US demand and President Trump's tariff policies impacting factory orders. US factories have also been affected by import tariffs. In October, new orders declined and supply chain tensions led to the eighth consecutive month of contraction in US manufacturing activity. Purchasing Managers' Index (PMI) data shows that factory activity in the Eurozone stagnated, with new orders barely growing and workforce numbers declining. Meanwhile, Germany, an export engine, showed almost no signs of recovery, with production growth slowing again.

00:04:48

USDA data: U.S. export inspections: 965,063 tons of soybeans, 350,293 tons of wheat, and 1,668,781 tons of corn.

23:27:17

[German Government: Energy Subsidies Expected to Boost Heavy Industry in 2026] German Economy Minister Katherina Reiche anticipates the government will introduce a new mechanism next year to subsidize electricity costs for energy-intensive industries until 2029. The official stated that negotiations with the European Commission on "industrial electricity prices" have entered the final stage, and the measure could cost as much as €5 billion (US$5.8 billion). The planned industrial electricity price is seen as "a crucial cornerstone" for improving the competitiveness of Germany's steel industry, which has been plagued by rising energy costs.

22:47:15

[UBS: Swiss National Bank Unlikely to Cut Rates Again] UBS economist Franziska Fischer noted in a report that the Swiss National Bank (SNB) is unlikely to cut interest rates again, as it anticipates no medium-term deflationary pressures. She stated, "Our interpretation is that the SNB currently views the inflation outlook as consistent with price stability and believes the impact of tariffs on economic growth will be moderate." Fischer pointed out that for the SNB to consider negative interest rates, a significantly weaker Swiss economic growth outlook, further rate cuts by the European Central Bank to narrow interest rate differentials, and a continued appreciation of the Swiss franc would be necessary—factors that, combined, would significantly worsen the medium-term inflation outlook. Switzerland's inflation rate fell slightly to 0.1% in October from 0.2% in September.

22:45:47

[Rabobank: Risks of Eurozone Economic Slowdown Will Impact Euro] Jane Foley of Rabobank noted in a report that the risks of a slowdown in Eurozone economic growth will impact the euro. "Rabobank Research suspects that the negative impact of US tariffs has not yet fully manifested in Europe," she said. Given that speculators bet on a stronger euro earlier this year due to increased German fiscal stimulus, the possibility of a stronger euro remains, as German economic growth remains near stagnation. Rabobank is "increasingly pessimistic" about the euro potentially rising to $1.20 next spring. The bank will revise its forecast after the release of US economic data delayed due to the government shutdown.

22:41:27

[Goldman Sachs: This US Government Shutdown "Is Likely to Have the Biggest Economic Impact in History"] Goldman Sachs economist Alec Phillips wrote in a report to clients that the current government shutdown "is likely to have the biggest economic impact in history." He noted that the funding suspension appears poised to exceed the 35-day partial shutdown of 2018-19 and will have a wider impact. If the shutdown lasts six weeks—around November 12—it could reduce the annualized quarter-on-quarter growth rate by 1.15 percentage points in the fourth quarter, with a recovery expected in the first quarter of 2026. He pointed out that as the shutdown's effects spread from air traffic control towers to the federal food stamp program, Congress is facing increasing pressure to break the deadlock.

22:40:20

[Rabobank: US Productivity Boost Has Been a Key Driver of Dollar Strength] Rabobank's Jan Foley points out that since the 2008 global financial crisis, US productivity gains have been a key driver of the dollar's strength, and the dollar may further benefit from this growth. "Productivity gains not only promote wealth creation but also effectively offset inflation risks." The US boasts the world's largest technology companies. Despite concerns about overvaluation of tech stocks, this is still a good sign. However, Foley suggests that the dollar's future appreciation may be relatively slow. Factors such as Japan's escape from deflation and completion of its stock exchange reforms; Africa's abundant mineral resources; Germany's fiscal stimulus policies; and central banks holding more gold may all dampen investors' willingness to buy US assets. The US Dollar Index (DXY) rose to a three-month high of 99.958.

22:32:37

[Fed Watchers Focus on Governor Cook's Speech] Analysts closely monitoring the Federal Reserve will be watching closely at 2 p.m. ET when Federal Reserve Governor Lisa Cook delivers her first public speech. Cook previously fired her on allegations of personal mortgage fraud, which she denies. Cook will speak at the Brookings Institution in Washington, outlining her views on the economy and the future path of monetary policy.

22:30:45

[US May Close Airspace Due to Government Shutdown] The US federal government shutdown has lasted 34 days. US Transportation Secretary Duffy told US media today (November 3) that if he believes the shutdown is making US air travel unsafe, the government will shut down the US aviation system. Duffy said, "If we feel [the shutdown] is making it unsafe… we will close the entire airspace. We will not allow people to travel. We haven't reached that point yet; at this stage, there are only serious delays. But during a continued government shutdown, there are definitely more risks." (CCTV International News)

22:27:41

U.S. Treasury yields rose as the U.S. government shutdown, poised to become the longest in history, deprived Wall Street of crucial government economic data. Economists expect the October manufacturing purchasing managers' index (PMI), due at 10:00 AM ET, to rise slightly to 49.3 from 49.1, but remain in contraction territory. Futures markets now reflect a 67% probability of a December rate cut, down from 94% a week ago, after Federal Reserve Chairman Powell attempted to cool expectations of a third consecutive rate cut. Wednesday's ADP report is expected to show 25,000 new jobs added in October, compared to a 32,000 loss in September. The 10-year U.S. Treasury yield was at 4.109%, and the 2-year U.S. Treasury yield was at 3.603%.

22:24:29

[Pound Likely to Fall on Possible Bank of England Rate Cut This Week] Lee Hardman, an analyst at MUFG Bank, said the pound is likely to weaken as the possibility of another Bank of England rate cut on Thursday cannot be ruled out. He stated that whatever the decision, it could be very close. Bank of England Deputy Governor Dave Ramsden is likely to vote for a rate cut along with his rate-setting colleagues Swati Dhingra and Alan Taylor. Hardman said, "Bank of England Governor Andrew Bailey is likely to be the decisive swing vote, as Deputy Governor Sarah Briden has consistently voted in line with the Governor." However, he indicated that the Bank of England may first want to see further evidence of slowing inflation and the budget on November 26th. The UK money market has priced in a 36% probability of a rate cut this week. The pound fell 0.2% to $1.3122.

22:17:02

Ford's U.S. sales rose 1.6% in October, thanks to strong SUV sales.

22:16:25

According to data from the Federal Reserve Bank of New York, the secured overnight funding rate (SOFR) rose 18 basis points on the previous trading day (October 31), the largest increase in a year, to 4.22%, compared with 4.04% the previous day. The effective federal funds rate was 3.86% on the previous trading day, compared with 3.87% the previous day.

21:57:17

[French Bond Auction Demand Diverges, Short-Term Yield Curve Steepens] ⑴ France successfully issued four maturities of government bonds on Tuesday, totaling €7.596 billion. The 13-week maturity bond was the largest at €3.2 billion, with a winning yield of 2.015%, a slight increase from the previous 2.011%. ⑵ The 26-week maturity bond was oversubscribed 5.5 times, with bids totaling €2.737 billion. €497 million was ultimately issued, with a winning yield of 2.030%, indicating particularly strong demand for short-term bonds. ⑶ The 28-week maturity bond issued €1.799 billion, with a winning yield of 2.055%, up 1.4 basis points from the previous 2.041%. The 52-week maturity bond issued €2.1 billion, with a yield of 2.060%, a slight increase from the previous 2.053%. ⑷ Bids exceeded 3 times for all maturities, with the 26-week maturity bond showing the highest demand, reflecting a market preference for high-quality short-term assets while pursuing higher yields. (5) The yield curve is steepening, with the spread between 13-week and 52-week yields reaching 4.5 basis points, indicating that investors maintain stable expectations for the short-term interest rate outlook in the Eurozone.

21:56:50

[French Bond Auction Demand Diverges, Short-Term Yield Curve Steepens] ⑴ France successfully issued four maturities of government bonds on Tuesday, totaling €7.596 billion. The 13-week maturity bond was the largest at €3.2 billion, with a winning yield of 2.015%, a slight increase from the previous 2.011%. ⑵ The 26-week maturity bond was oversubscribed 5.5 times, with bids totaling €2.737 billion. €497 million was ultimately issued, with a winning yield of 2.030%, indicating particularly strong demand for short-term bonds. ⑶ The 28-week maturity bond issued €1.799 billion, with a winning yield of 2.055%, up 1.4 basis points from the previous 2.041%. The 52-week maturity bond issued €2.1 billion, with a yield of 2.060%, a slight increase from the previous 2.053%. ⑷ Bids exceeded 3 times for all maturities, with the 26-week maturity bond showing the highest demand, reflecting a market preference for high-quality short-term assets while pursuing higher yields. (5) The yield curve is steepening, with the spread between 13-week and 52-week yields reaching 4.5 basis points, indicating that investors maintain stable expectations for the short-term interest rate outlook in the Eurozone.

21:41:46

The euro has just touched the 0.9300 level against the Swiss franc, currently trading at 0.9300, up 0.21% on the day.

21:39:45

[JPMorgan Chase: AI Capex May Have Greater Upside Potential] ⑴ On Monday, JPMorgan Chase released a report stating that US corporate quarterly capital expenditures have exceeded market expectations, while the full-year capital expenditure guidance for mega-AI companies has also been revised upwards again. Based on this, the bank expects a significant increase in investment spending growth in the AI sector in 2026. ⑵ The JPMorgan Chase strategy team, led by Dubravko Lakos-Bujas, further stated that the current market consensus for capital expenditures within the next 12 months has been revised upwards by approximately 4 percentage points from 35% last week, rising to 39%.

21:31:20

[US Government Shutdown Impacts Economic Barometers, Major Data Releases Disrupted] ⑴ The partial shutdown of the US federal government, which began on October 1st, has lasted for over a month, causing agencies such as the Bureau of Labor Statistics, the Bureau of Economic Analysis, and the Census Bureau to suspend the collection and release of the vast majority of economic data. ⑵ Key indicators directly affected include: the non-farm payroll report scheduled for November 7th, the Consumer Price Index for November 13th, and the Producer Price Index and retail sales data for November 14th, all of which have been confirmed to be postponed. ⑶ Private sector data releases are largely normal; the Manufacturing PMI for November 3rd, the ADP Employment and ISM Non-Manufacturing PMI for November 5th, and the University of Michigan Consumer Sentiment Index for November 7th will continue to provide market references. ⑷ This shutdown has created a significant information gap for policymakers and investors in assessing the health of the labor market, the inflation trajectory, and the strength of consumption and investment, increasing market uncertainty. (5) The data black hole continues to expand. In the four weeks leading up to November 20, more than 20 government statistics, including housing starts, industrial output, and trade data, will be forced to be suspended, with only a few reports, such as the Fed meeting minutes, being retained.

21:26:43

[Goldman Sachs Warns: US Government Shutdown Could Have the Largest Economic Impact on Record] ⑴ In a recent report, Goldman Sachs economist Alec Phillips points out that the current US government shutdown could have the largest economic impact on record, exceeding the previous record of 35 days set in 2018-19. ⑵ This shutdown is not only longer, but also significantly broader in scope, affecting everything from air traffic control to the federal food stamp program. ⑶ Model predictions show that if the shutdown continues until November 12 (approximately six weeks), it will reduce the annualized quarter-on-quarter GDP growth rate in the fourth quarter by 1.15 percentage points. ⑷ Although the economy is expected to recover in the first quarter of 2026, the continued shutdown is putting increasing pressure on Congress to resolve the deadlock.

21:13:09

November 3rd US Market Update: Support and Resistance Levels for 18 Commodities (Gold, Silver, Platinum, Palladium, Crude Oil, Natural Gas, Copper, and 10 Currency Pairs) Details>

21:10:37

[The Swiss National Bank Enters Wait-and-See Mode, with Exceptionally Strict Threshold for Interest Rate Cuts] ⑴ UBS economists point out that the Swiss National Bank needs to observe more signs of deflation before considering further interest rate cuts; the current inflation level of 0.1% is close to the price stability target. ⑵ The central bank's internal assessment believes that the current inflation outlook is largely in line with the target, and the impact of Trump's tariffs on economic growth is expected to be relatively limited, weakening the necessity for immediate monetary easing. ⑶ If the possibility of restarting negative interest rate policies is considered, three conditions must be met simultaneously: a significant deterioration in the Swiss economic outlook, further interest rate cuts by the European Central Bank to narrow the interest rate differential, and continued upward pressure on the Swiss franc. ⑷ The inflation rate in October slightly decreased from 0.2% to 0.1%, indicating that price pressures continued to weaken, but it has not yet reached the key threshold for triggering central bank action. ⑸ The current monetary policy stance leans towards maintaining the status quo; investors should pay attention to the potential impact of subsequent inflation data and the European Central Bank's policy moves on the Swiss National Bank's decisions.

20:39:34

A Wall Street conspiracy has been exposed, and the dollar's 100-point level may be a bull trap. Details>

20:21:25

[Trump Says Peaceful Relations with China Are Better Than Confrontation] Following the consensus reached in the China-US trade negotiations, high-ranking US officials have made numerous statements, and the White House has also released a specific timetable for implementing the relevant consensus. US President Trump stated that cooperation with China can make the US "better." On the evening of November 2nd local time, CBS broadcast an interview with US President Trump. When discussing China-US relations, Trump stated that maintaining good relations with China is in the US's interest. On the same day, US Treasury Secretary Bessenter told two US media outlets that the US has no intention of decoupling from China. (CCTV.com)

20:12:03

[US Approves First Export of Nvidia Chips to UAE] According to the Financial Times, the US has approved the export of the latest Nvidia chips to the United Arab Emirates for the first time. In May, President Trump reached an agreement with the UAE president to build a massive artificial intelligence data center park in Abu Dhabi. The Middle East has become a key battleground in the global competition for artificial intelligence. However, Microsoft's project had previously been hampered by export controls imposed by the US Department of Commerce on high-performance Nvidia chips. Microsoft President Brad Smith stated that in September, the company "became the first company under the Trump administration to be granted permission to export Nvidia AI chips to the UAE." He added, "We won this license by meeting extremely stringent cybersecurity, physical security, and other security standards." Microsoft now plans to increase its investment in the UAE from $7.3 billion over the past three years to $7.9 billion between 2026 and 2029, with $5.5 billion earmarked for capital expenditures on AI and cloud infrastructure.

20:02:41

For the first time, the United States has allowed Microsoft to ship Nvidia AI chips to the United Arab Emirates for use.

19:49:52

[EUR/USD 2-Hour Price Analysis] The current EUR/USD price movement is trending slightly downwards, with the latest price at 1.15143. The intraday high was 1.15409 and the low was 1.15076. Resistance is around 1.15409, and support is at 1.15076. Based on historical time series data, the recent closing price fell from 1.15390 (16:00) to 1.15141 (18:00) before rebounding slightly, showing an overall downward trend. It is predicted that the price may continue to fluctuate or decline slightly in the short term; a break below support would accelerate the downward movement.

19:49:32

[GBP/USD 2-Hour Price Analysis] The current GBP/USD price is 1.31256, exhibiting a fluctuating trend with an overall downward bias. Resistance is around 1.315 (based on the intraday high of 1.31487 and the historical high), while support is around 1.311 (based on the intraday low of 1.31170 and the historical low). Using time series analysis, recent data shows narrow fluctuations between 1.311 and 1.315, suggesting a continued short-term consolidation pattern.

19:49:14

[USD/JPY 2-Hour Price Analysis] The current USD/JPY price is fluctuating slightly higher around 154.132, showing an overall upward trend. Resistance is at the intraday high of 154.281, and support is at the intraday low of 153.974. Based on time series analysis, recent data shows consolidation around the 154 area, suggesting a possible test of the resistance level or continued range-bound trading in the short term.

19:48:56

【AUD/USD 2-Hour Price Analysis】 The current price movement is oscillating between 0.65366 and 0.65620. Resistance is at 0.65620, and support is at 0.65366. Based on historical OHLC data series, simple trend analysis shows that recent closing prices have no clear direction, and a continued oscillating trend is predicted in the future.

19:47:33

[Want to Cooperate with Iran? Khamenei Sets Three Conditions for US Cooperation] On November 3, local time, Iran's Supreme Leader Ayatollah Khamenei addressed the US on issues including Iran-US relations. Khamenei pointed out that the differences between Iran and the US are inherent, and that the US's demands for cooperation with Iran will only be seriously considered if the US completely severs its support for the "hateful Israeli regime," withdraws its military bases in the region, and ceases interference in Iran's internal affairs. Otherwise, such cooperation will be impossible. (CCTV News)

19:41:51

[Kyiv May Lose IMF Support if EU Fails to Reach Agreement on Russian Assets] According to Politico, citing European officials, the EU fears Ukraine risks losing support from the International Monetary Fund (IMF) if it fails to reach an agreement on a European Commission proposal to provide loans to Ukraine based on frozen Russian assets. The previous day, Corriere della Sera reported that Italy, France, and Belgium opposed the proposal to provide loans to Ukraine based on frozen Russian assets. The newspaper noted, "Belgium's refusal to support billions of euros in EU loans to Ukraine could lead to the IMF halting financial assistance to Kyiv." Several European diplomats and a European Commission representative told the newspaper that reaching an agreement on Russian assets appears to help the IMF believe Ukraine has the financial capacity to operate in the coming years. According to Politico, "Given the significant reduction in US support for Ukraine, the IMF expects the EU to bear most of Ukraine's financial needs in the coming years."

19:36:55

U.S. Deputy Energy Secretary: Hopefully the impact of Russian sanctions will not have a severe effect on allies; the U.S. strategic petroleum reserves are depleted, and the current priority is to replenish them as soon as possible.

19:33:02

Rodrigo Catril, an analyst at National Australia Bank, said: "If the dollar approaches 155 yen, we can expect these warnings to become louder, and the likelihood of direct market intervention will increase. The Bank of Japan can no longer postpone raising interest rates."

19:26:36

[Brazilian Economic Outlook: Inflation Gradually Declines, Real Exchange Rate Expected to Remain Stable] ⑴ According to the latest survey by the Central Bank of Brazil, economists have slightly revised their 2025 IPCA inflation forecast from 4.56% to 4.55%, while maintaining the 2026 forecast at 4.20%. ⑵ The benchmark interest rate, Selic, is expected to remain at 15.00% by the end of 2025, but is projected to decline to 12.25% by the end of 2026, indicating a gradual easing of monetary policy. ⑶ Economic growth expectations remain stable, with GDP growth estimated at 2.16% in 2025 and slowing to 1.78% in 2026, reflecting a potential slowdown in the pace of economic expansion. ⑷ Regarding the exchange rate, the real is projected to be at 5.41 against the US dollar by the end of 2025 and 5.50 by the end of 2026, indicating that the market expects the currency to remain relatively stable but with a slight depreciation. ⑸ These forecasts are largely consistent with previous survey results, showing that analysts have reached a stable consensus on Brazil's macroeconomic outlook, and significant fluctuations are unlikely in the short term.

19:24:06

U.S. Deputy Secretary of Energy: We are seeing energy demand rising rapidly and need to ensure that energy prices are affordable, but that doesn't mean they have to be cheap.

19:19:59

[AUD/USD Technical Analysis] Observing the 30-minute candlestick chart, the AUD/USD exchange rate is currently trading within a range of 0.6540 to 0.6560. Structurally, the price has formed the initial stages of a double top pattern at 0.6559 and 0.6562, these two highs forming a short-term resistance zone. Meanwhile, the horizontal support line at 0.6540 serves as a crucial defense line for the bulls. From the candlestick pattern, recent price fluctuations have narrowed, with multiple attempts to break through the upper and lower limits of the trading range failing, indicating a stalemate between bulls and bears in this area. This convergence often foreshadows a directional breakout, but the direction of the breakout still needs further confirmation. Overall, technical indicators suggest that the AUD/USD will likely maintain a range-bound trading pattern in the short term. The resistance zone above 0.6560 and the support line below 0.6540 together define the current trading range. If the exchange rate can break through 0.6560 with significant volume, it could open up upward potential towards 0.6580 or even 0.6600. Conversely, if the price breaks below the 0.6540 support level, it may retest the 0.6532 low and then challenge the psychological level of 0.6500.

18:43:42

[EU Long-Term Bond Auction Results Revealed: Yield Curve Reflects Market Expectations] According to the latest auction results, the European Commission completed the issuance of multiple batches of long-term bonds on November 3rd. The specific yields are as follows: (1) The average yield on bonds maturing in 2031 was 2.619%. (2) The average yield on bonds maturing in 2035 was 3.063%. (3) The average yield on bonds maturing in 2054 was 3.913%. The auction results show that the market pricing of EU long-term bonds exhibits a typical upward-sloping yield curve, meaning that the longer the maturity, the higher the yield. This indicates that investors are demanding higher returns for holding longer-term bonds to compensate for the inflation risks and uncertainties they face. Meanwhile, comparing historical data (e.g., the yield on bonds maturing in 2054 auctioned on July 14th was 3.983%), the yields on these ultra-long-term bonds have slightly decreased. This may reflect a stabilization in market expectations for the long-term inflation outlook in the Eurozone, or an increased demand for high-quality long-term assets in the current environment.

18:35:50

[Alphabet Plans €3 Billion Eurobond Issuance for Second Entry into European Bond Market to Boost AI and Cloud Infrastructure] ⑴ On Monday, Google's parent company, Alphabet (GOOG.US), re-entered the European debt market, planning to raise funds through a tranche of bonds to support its record capital expenditures in artificial intelligence and cloud infrastructure. This marks the tech giant's second foray into the euro bond market since 2025. ⑵ According to sources, Alphabet is currently promoting six euro-denominated benchmark bonds with maturities ranging from 3 to 39 years, with a total issuance expected to be no less than €3 billion (approximately US$3.5 billion). Specifically, the spread for the three-year bonds is approximately 60 basis points above the medium-term swap rate, while the spread for the longest-term bonds reaches around 190 basis points. ⑶ Earlier this year, Alphabet completed its first euro bond issuance of €6.75 billion, with many tranches receiving strong market demand. This second issuance not only continues its euro market strategy this year but also further demonstrates the company's strategic intention to diversify its financing channels.

18:28:51

The Euro has broken down across the board technically, becoming the eye of the storm! The bears are pressing in, and the 1.15 level is about to face its ultimate test. Details>

18:05:35

[Palm oil suffers double blow: seasonal demand wanes coupled with supply pressure] ⑴ Malaysian palm oil futures closed down 92 ringgit at 4115 ringgit/ton, a drop of 2.19%. ⑵ Market concerns about rising Malaysian production and inventory levels simultaneously create a double whammy of negative fundamental pressure. ⑶ The seasonal demand peak has passed after Diwali, and future consumption is expected to weaken. ⑷ Technical analysis shows key support at 4080 ringgit and resistance at 4230 ringgit. ⑸ Current prices are at the midpoint of the support and resistance range, reflecting a stalemate between bulls and bears. ⑹ The performance of the November contract suggests the market will maintain a weak and volatile pattern in the short term.

18:03:05

[US Military Reportedly Upgrading a Naval Base in Puerto Rico] On November 2nd local time, the US military was reportedly upgrading a long-abandoned naval base in Puerto Rico. Construction began on September 17th at the Roosevelt Road Naval Base in Puerto Rico, with workers clearing and repaving the runway. Before the US Navy withdrew in 2004, Roosevelt Road Naval Base was one of the largest US naval bases. The US is also constructing and upgrading civilian airports in Puerto Rico and the US Virgin Islands. US officials and maritime experts say this indicates the US may be preparing for military operations in Venezuela. One expert stated that this move by the US military is an attempt to intimidate the Venezuelan government and create division. (CCTV News)

17:56:31

[KfW (Germany's Development Bank) Launches €500 Million Green Bond, Setting a New Benchmark for Sustainable Finance] ⑴ KfW appointed six joint lead managers to issue €500 million in long-term, five-year senior senior green bonds, explicitly stating that there are no additional issuance clauses. ⑵ The bonds will mature in February 2031, with a Moody's rating of Aa3 (stable outlook) and ESG ratings of C+ (industry-leading) and 20.5/100 dual certification. ⑶ The financing projects are 100% focused on wind and solar energy projects in Germany, fully complying with EU classification standards and ICMA green bond principles. ⑷ The issuance documents include a pre-issuance statement of EU green bonds and a verification report from ISS, achieving the highest industry standards of transparency. ⑸ The target customers for the bonds include qualified counterparties, professional clients, and retail clients, and the pricing process will be initiated soon based on market conditions. ⑹ This launch marks the formal entry of German policy banks into the ranks of certified issuers of European green bonds.

17:55:03

[Energy Landscape Shifts: AI Drives Explosive Electricity Demand, Oil Supply Turning Point Approaching] ⑴ The development of artificial intelligence will drive a surge in electricity demand over the next 5-10 years, expected to account for 1% to 10% of the global economy. ⑵ BP's strategic focus is shifting to the US market, primarily due to clearer investment criteria and higher certainty of returns. ⑶ Global oil demand maintains steady growth, with the aviation and petrochemical industries jointly driving annual demand growth of approximately 1%. ⑷ Non-OPEC oil supply growth is expected to end between February and April 2026, marking a shift in the global supply landscape. ⑸ The energy transition is characterized by a dual-track approach: traditional oil and gas demand remains robust, while emerging electricity demand is experiencing exponential growth.

17:22:19

[GBP/USD 1-Hour Price Analysis] The current GBP/USD price is 1.31232, exhibiting a downward trend with intraday fluctuations between 1.31170 and 1.31487. Resistance is around 1.3145, and support is at 1.3115. Based on time series analysis, the price is in a descending channel and may maintain a sideways trend in the short term; a break below support would likely accelerate the decline, otherwise a rebound would test resistance.

17:21:53

[AUD/USD 1-Hour Price Analysis] The AUD/USD price is currently fluctuating, with the latest price at 0.65522, between the intraday high and low of 0.65620 and 0.65366. Resistance is around 0.65620, and support is around 0.65366. Based on historical time series data analysis, the price is fluctuating within a narrow range, and a continuation of this sideways pattern is expected in the short term, potentially testing resistance before falling back to support.

17:21:38

[USD/JPY 1-Hour Price Analysis] The current USD/JPY price is 154.141, showing an upward trend. Resistance is at 154.281 (intraday high), and support is around 154.000. Based on historical data trend analysis, the price is predicted to potentially rise to test the resistance level, but if it fails to break through, it will likely remain in a range-bound pattern.

17:20:54

[UK Budget Triggers Tax Seismic Impact, Millions of Taxpayers Face Heavy Burden] ⑴ Chancellor of the Exchequer Rachel Reeves plans to increase taxes by tens of billions of pounds in the November 26th budget to address a fiscal shortfall of up to £30 billion. ⑵ Income tax reform is a focal point, potentially raising the basic tax rate by 1-2 percentage points, expected to generate an additional £6-8 billion in revenue annually. ⑶ The proposed extension of the tax threshold freeze to 2030 is expected to raise an additional £8 billion, moving more people into higher tax brackets. ⑷ For high-income earners, the government is considering raising capital gains tax and introducing a 20% departure tax, involving the valuation of personal business assets. ⑸ The VAT system may be simplified, eliminating low or zero tax rates on goods such as food and children's clothing, potentially exacerbating inflationary pressures. ⑹ Pension system faces reform; employer contributions may be subject to social security tax, and the individual tax-free withdrawal rate may be reduced from 25%. (7) The tax-free allowance for savings accounts may be reduced, aiming to channel more funds into the UK stock market and stimulate capital market development. (8) The fuel tax freeze, which has been in effect since 2011, may come to an end, affecting £25 billion in tax revenue annually. (9) The tax burden on partnerships of professionals such as lawyers and accountants may increase, sparking strong protests from the industry. (10) Interest on excess bank reserves may be subject to a new tax, but industry insiders warn that this will curb credit issuance and drag down economic growth.

17:19:15

【EUR/USD 1-Hour Price Analysis】 The current EUR/USD price is 1.15166, with an overall downward trend. Intraday, it fell from a high of 1.15409 to a low of 1.15091. Resistance is at 1.15409 (intraday high), and support is at 1.15091 (intraday low). Based on the downward trend analysis using time series data, a test of the support at 1.15091 is expected in the short term, with a tendency towards further declines or consolidation.

17:17:19

[USD/JPY 15-Minute Price Analysis] The USD/JPY price is currently fluctuating, having retreated from the intraday high of 154.281, with the latest price at 154.106, placing it within the middle range. Support levels are at 154.00 (psychological level) and 154.05 (recent low), while resistance levels are at 154.20 (local high) and 154.28 (intraday high). Based on time series trend analysis, the price may maintain its fluctuating trend in the short term or slightly rise to test resistance levels.

17:13:57

[Global Interest Rate Rift: Who's at the Eye of the Storm?] ⑴ The yield on the US two-year Treasury note reached 3.588%, 160.1 basis points higher than the German equivalent, but only 1.2 basis points lower than the Australian yield. ⑵ Japan's two-year yield was only 0.917%, the lowest among major economies globally, 267.2 basis points lower than the US. ⑶ Germany's ten-year yield was 2.640%, 144.6 basis points lower than the US equivalent, but still 98.1 basis points higher than Japan's. ⑷ UK bond yields were significantly higher, with two-year and ten-year yields reaching 3.764% and 4.405% respectively, both higher than the US levels. ⑸ Significant divergence emerged within Europe, with Italy's ten-year yield 71.7 basis points higher than Germany's, while Denmark's yield was 12.7 basis points lower than Germany's. (6) Australian short-term yields were roughly in line with those in the US, but the 10-year spread widened to 26.1 basis points, indicating a difference in term structure. (7) Swedish yields were lower than German yields across all maturities, with the 2-year and 10-year spreads at -6.9 and -3.1 basis points, respectively.

17:10:28

[Switzerland Sounds the Alarm for Deflation, Negative Interest Rates Reappear] ⑴ Switzerland's Consumer Price Index (CPI) fell 0.3% month-on-month in October, marking the third consecutive month of negative growth, with the decline widening compared to the 0.2% and 0.1% drops in the previous two months. ⑵ The year-on-year increase in October was only 0.1%, with inflation approaching negative territory. Hotel accommodation, overseas package tours, and car rentals saw the most significant price drops. ⑶ Swiss National Bank (SNB) board member Petra Zuchin recently stated that while a temporary dip below zero inflation is tolerable, the bank is prepared to use negative interest rates to address persistently low inflation. ⑷ The Swiss franc weakened against the euro following the data release, with the market betting that the SNB's dovish stance will dominate policy direction. ⑸ Notably, the Harmonized Index of Consumer Prices (HICP), adjusted according to EU standards, remained flat month-on-month, providing a different perspective on deflationary trends. ⑹ Negative interest rate policies previously triggered widespread concern among savers and pension funds between December 2014 and September 2022.

17:03:16

[German DAX Index Rises at the Start of November] ⑴ The German DAX index rose 0.6% on Monday, breaking through 24,100 points, in line with the modest start to November in European markets. ⑵ Traders continue to focus on corporate earnings reports in recent weeks, while also paying close attention to the Eurozone and US manufacturing PMI survey data released on the day. ⑶ Several Federal Reserve and European Central Bank officials are scheduled to speak this week, which is expected to reinforce the central banks' recent policy stance. ⑷ In terms of sectors, banking and auto stocks led the performance.

16:48:08

[Pound Weakens Ahead of Bank of England Rate Cut Expectations] ⑴ The pound weakened ahead of the Bank of England's policy meeting as market expectations for another rate cut intensified. ⑵ Interest rate futures data showed a 30% probability of a 25 basis point rate cut to 3.75% on Thursday. ⑶ ING analysts noted that the Bank of England may prefer to wait for the autumn budget report later this month before taking action. ⑷ Given that interest rates are expected to fall to a low of 3.25% next summer, it is difficult to be bearish on the pound simply because the rate-cutting cycle is not fully priced in. ⑸ The euro rose slightly by 0.1% against the pound to 0.8776, while the pound fell 0.2% against the dollar to 1.3131.

16:45:50

[FTSE 100 Rises on Monday] ⑴ The FTSE 100 extended its gains on Monday, supported by financial and energy stocks after rising 3.9% in October. ⑵ Standard Chartered rose over 2%, Prudential gained nearly 2%, and Legal & General rose 1.6%, with the market widely expecting the Bank of England to keep interest rates unchanged on Thursday. ⑶ Energy stocks strengthened along with rising oil prices after OPEC+ decided to suspend planned production increases. ⑷ Shell rose nearly 1%, and BP gained over 1%, after agreeing to sell two U.S. onshore assets to private equity firm Sixth Street for $1.5 billion. ⑸ BP will retain operational control through its subsidiary BPX Energy, but its stake in the Permian Basin and Eagle Ford midstream assets will decrease.

16:36:32

[Paris Stocks Stabilize Near Two-Week Lows] ⑴ The French CAC 40 index was essentially flat at 8120 points on the first trading day of November, remaining near its lowest level since mid-October. ⑵ The European Central Bank kept interest rates unchanged and maintained its inflation forecasts, while the Federal Reserve signaled more caution, lowering market expectations for a December rate cut. ⑶ Renault rose 1.9% after reaching a final agreement with Geely Automobile to expand its strategic partnership in Brazil. ⑷ Orange Telecom rose 1.4% after announcing a non-binding agreement with Lorca to acquire the remaining 50% stake in the Spanish joint venture MasOrange for €4.25 billion in cash. ⑸ The market is awaiting this week's US ADP employment report for the latest clues on the health of the labor market.

16:29:08

Market news: U.S. Trade Representative Greer will visit London on November 24.

16:26:43

[Malaysia's Manufacturing Outlook Pressured by US Tariffs] ⑴ Capital Economics economists point out that the short-term outlook for Malaysia's manufacturing sector remains cautious, as US tariff policies may dampen external demand. ⑵ The lagged effects of the tariff measures are expected to continue to impact the end of this year and the first half of 2026. ⑶ Malaysia's manufacturing PMI fell to 49.5 in October, a further decline from 49.8 in September, hitting a four-month low. ⑷ This reading is close to the 50-point threshold separating expansion from contraction, indicating that the sector remains basically stable. ⑸ The latest data shows that the country's manufacturing sector had a weak start to the fourth quarter, with activity levels showing a moderate slowdown, suggesting weakening growth momentum in the future.

16:24:58

[Euro/Pound Sterling Rises Amid UK Budget Concerns] ⑴ The euro rose against the pound sterling to around 0.8775 on Monday (November 3). Increasing political pressure on UK Chancellor Rachel Reeves led to the euro's rise. The Bank of England's interest rate decision, due this Thursday, will be the focus of the market. ⑵ Traders are worried about UK fiscal risks ahead of the Chancellor's upcoming autumn budget. Threats of tax increases and concerns about an economic slowdown pushed the euro/pound sterling to a record high (0.8817). ⑶ While most analysts expect the Bank of England to keep interest rates unchanged on Thursday (due to persistent inflation concerns and the upcoming autumn budget), some believe that tax increases and spending cuts as part of the austerity budget could prompt the Bank of England to cut rates earlier – the market expects it to lower the current 4% rate to 3.75%. ⑷ The European Central Bank kept its deposit rate unchanged at 2.0% for the third consecutive meeting last week. President Lagarde emphasized that the central bank is in an "ideal position" and clearly stated that it will take all necessary measures to maintain the current favorable situation. Meanwhile, European Central Bank Governing Council member Joachim Nagel said on Monday that eurozone economic data was largely in line with the central bank's forecasts, but policymakers would maintain policy flexibility. (5) The French government will begin closed-door consultations with legislators this week in an attempt to salvage the stalled budget. Defense Minister Le Cornu is striving to avoid repeating the mistakes of his predecessors—several ministers were forced to resign due to a vote of no confidence in their fiscal plans. Another collapse of the government could trigger a snap election. The uncertainty and renewed fears of political turmoil in France may put downward pressure on the euro against the pound in the short term.

16:22:59

[Spain Manufacturing PMI Expands for Sixth Consecutive Month] ⑴ Spain's manufacturing purchasing managers' index (PMI) rose to 52.1 in October, a further improvement from 51.5 in September, marking the sixth consecutive month of expansion. ⑵ Growth in both output and new orders was the main driver, but new export orders declined for the second consecutive month. ⑶ The decline in external orders was the fastest in five months, with weak demand due to political turmoil in France and US trade protectionist measures cited as major contributing factors. ⑷ Employment saw a slight decline, with analysts pointing to a more cautious labor market, and companies' willingness to expand employment being more constrained by external uncertainties. ⑸ Manufacturing confidence continued to improve, with companies generally expecting improved demand and sales growth; some companies plan to increase investment and expand production capacity in the coming year. ⑹ Benefiting from a booming tourism industry, a strong labor market driven by immigration, and stable domestic demand, the Spanish economy is expected to lead the Eurozone for the second consecutive year in 2025. ⑺ The government has raised its full-year economic growth forecast from 2.6% to 2.7%. (8) The latest data shows that the economy grew by 0.6% quarter-on-quarter in the third quarter, slightly slower than the 0.8% in the previous quarter, with a year-on-year growth rate of 2.8%.

16:18:19

The New Zealand dollar remained under pressure against the US dollar around 0.5720, mainly due to expectations of a potential escalation of trade tensions. (1) The New Zealand dollar had fallen for three consecutive trading days, trading around 0.5720 on Monday (November 3). According to CBS News, US President Trump's plan to block the export of Nvidia's most advanced semiconductor technology could reignite trade tensions, putting pressure on the New Zealand dollar. (2) Seasonally adjusted New Zealand building permits rose 7.2% month-on-month in September, accelerating from August's 6.1% increase, marking three consecutive months of positive growth. Traders are closely watching the third-quarter labor market data to be released this week. (3) After the Federal Reserve lowered its benchmark interest rate for the second time this year to a range of 3.75%-4.0%, market expectations for a December rate cut cooled, supporting the US dollar and further exacerbating the New Zealand dollar's decline against the US dollar. Federal Reserve Chairman Powell emphasized at the post-meeting press conference that a December rate cut was far from certain and warned policymakers that they might need to adopt a wait-and-see approach until official data releases resume.

16:09:40

U.S. Defense Secretary Hergsays visited South Korea today (November 3) and toured the Korean Demilitarized Zone. (CCTV International News)

16:07:12

[Indian Rupee Continues to Fall Under Pressure, Approaching Historic Lows] ⑴ The Indian rupee fell for the third consecutive trading day on Monday, dropping to 88.7988 against the US dollar, once again approaching its historic low. ⑵ As the worst-performing Asian currency this year, the recent intervention measures by the Reserve Bank of India (RBI) have had limited supporting effect. ⑶ Uncertainty surrounding tariffs on Indian exports to the US, coupled with the unclear path of the Federal Reserve's interest rate cuts, continues to put pressure on the rupee. ⑷ Last month, the RBI unexpectedly sold a large amount of US dollars to quell market volatility, but the rupee failed to hold onto its previous gains. ⑸ According to traders, monetary authorities have been continuously selling small amounts of US dollars in recent days, attempting to prevent the rupee from falling below the historic low of 88.8050 rupees to the US dollar. ⑹ Compared to the large-scale intervention last month, the recent US dollar sell-off has been relatively limited. ⑺ A senior economist at HDFC Bank stated that the trading logic for shorting the US dollar has essentially ended.

16:05:57

According to statistics from Shanghai Customs, over the past eight years since its inception, the China International Import Expo (CIIE) has seen more than 4,100 batches of exhibits imported, with a total value exceeding 8 billion yuan. From 2018 to 2024, across seven CIIEs, Shanghai Customs has overseen the import of 3,890 batches of exhibits, valued at approximately 7.97 billion yuan. With the 8th CIIE about to open, as of October 31, Shanghai Customs had facilitated the customs clearance of 289 batches of exhibits, valued at approximately 176 million yuan, with most of the exhibits already on display. (Xinhua)

16:02:13

[US 10-Year Treasury Yield Holds Steady at Three-Week High] ⑴ On Monday, the US 10-year Treasury yield remained near 4.1%, holding steady at a three-week high as investors awaited key data that could influence the economic and interest rate outlook. ⑵ The ongoing US government shutdown has delayed the release of major reports, including monthly employment data; however, this week's private sector data, such as the ADP employment report, the ISM Purchasing Managers Index, and the University of Michigan Consumer Sentiment Index, will provide directional guidance. ⑶ Last week, the Federal Reserve cut interest rates by 25 basis points as expected, but Chairman Powell hinted that another rate cut in December is not certain. ⑷ The market currently estimates a 67% probability of a rate cut in December, a significant decrease from over 90% before the last meeting.

15:54:30

The US government shutdown has entered its 34th day: airports are paralyzed, food aid has been cut off, how will the partisan battle end? Details>

15:44:44

[Swiss Inflation Unexpectedly Slows to Near Zero, Putting Pressure on Central Bank] 1. Swiss inflation unexpectedly slowed to near zero, putting pressure on the central bank and forcing it to take measures to address the strong Swiss franc and boost price growth. Data shows that the CPI rose 0.1% year-on-year in October, lower than the previous month's 0.2% and also lower than the market expectation of 0.3%. One pressing issue facing the Swiss National Bank is that the safe-haven currency status of the Swiss franc has pushed it to its highest level in nearly a decade, and this strength could potentially curb inflation by lowering import costs. 2. Core inflation also unexpectedly slowed last month, falling from 0.7% to 0.5%. The latest data will frustrate SNB President Schlegel and other officials, who had predicted that inflation would accelerate by the end of this year and early 2026. The failure of price growth to recover from the lower end of the 0-2% target range will further complicate the task for policymakers in the face of a strong Swiss franc. 3. The SNB can choose to intervene in the foreign exchange market, which would expand its balance sheet and anger the United States, or to adopt a negative interest rate policy, but this could harm the financial system.

15:33:32

InvestingLive, a US financial website, commented on Switzerland's October CPI: The data deviated significantly from expectations. This data should not have a major impact, as the Swiss National Bank has ended its easing cycle, and there must be sufficient justification for restarting negative interest rate policies.

15:33:05

U.S. Geological Survey: A 5.8-magnitude earthquake struck the Petropavlovsk region of Kamchatka, Russia.

15:32:54

Elevated fiscal risks in the UK pushed the euro higher against the pound, with markets focused on the Bank of England's interest rate decision. Details>

15:30:28

[The Biggest Hidden Danger of the Gaza Ceasefire: How to Introduce International Security Forces to Maintain Order While Preventing Hamas or Israel from Withdrawing] 1. Trump's Gaza peace plan faces a new obstacle: how to introduce international security forces to maintain order while preventing Hamas or Israel from withdrawing from the process. 2. More problematic is whether any country is willing to send troops and take the risk if a third-party armed force is needed to combat Hamas militants attempting to consolidate power. Interviews with US, European, and Middle Eastern officials indicate that Hamas insists on playing a post-war role and still has the strength to undermine the ceasefire after two years of war. Since the ceasefire last month, its militants have emerged from the ruins, conducting partial executions of opponents, and the plan to stabilize Gaza is facing stagnation. 3. Any peacekeeping force could clash with Hamas, leading to an awkward situation. International Crisis Group expert Goun points out that no Arab or Muslim country wants to be labeled an "Israel proxy" by its people. After meeting with Egyptian intelligence officials last week, Hamas emphasized that it would only accept the deployment of international troops on its borders and would not allow confrontation with Hamas. 4. Some Arab countries are willing to send personnel or funds for reconstruction, but none have committed to ground troops. Most countries prefer to start with border security and preventing arms smuggling. Egypt plans to lead a force, requiring the inclusion of US-trained Palestinian personnel. If Hamas refuses to disarm, should international forces confront it? The US and Israel insist Hamas has no future role, while Hamas responds with violence, including the killing of an Israeli soldier last Tuesday. The Trump administration is negotiating the framework for the force and UN authorization with allies. US officials say the process is undecided and the ceasefire remains in effect. Turkey and other countries have expressed interest, but Israel opposes Turkish participation. Egypt has proposed deploying 5,000 troops, plus 2,000-3,000 Palestinian personnel, under Egyptian command.