Apple futures contracts fell more than 3%, currently trading at 6,017 yuan/ton.

Bank of Japan Deputy Governor Shinichi Uchida: We will continue to raise policy interest rates based on economic, price, and financial developments.

A report released on October 15 by global real estate services provider Cushman & Wakefield stated that institutional investment in Indian real estate reached $2.1 billion in the third quarter of 2026, a 12% increase quarter-on-quarter and a 20% increase year-on-year. Data centers emerged as the most favored asset class, attracting approximately 52% of investment funds, equivalent to about $1.1 billion, significantly exceeding office buildings (15%) and hotels (9%). Overseas investors contributed 68% of the investment, regaining dominance after lagging behind domestic institutions for four consecutive quarters. By investment stage, projects under development accounted for 58%, while acquisitions of mature assets accounted for 40%; approximately 76% of investments involved cross-city projects. In the first nine months of this year, cumulative institutional investment in Indian real estate reached $5.5 billion, an 11% increase year-on-year. The report noted that continued active investment in data centers, along with acquisitions of commercial office assets and the expansion of Real Estate Investment Trusts (REITs), also supported the market.

1. **Bank of America:** 25 basis point rate hikes in October and December. The bank noted in July that US monetary policy remained too loose. Following the release of the US CPI this week, Bank of America analysts stated that widespread inflationary pressures further strengthened the case for an October rate hike. 2. **JPMorgan Chase:** 25 basis point rate hike in December. The bank had already moved its next rate hike forecast to December back in July, previously expecting another rate hike in the second half of next year. 3. **Nomura Securities:** 25 basis point rate hike in December. Nomura's October research indicated that the US economy remained resilient, while inflation lacked substantial improvement. Furthermore, the Middle East situation further pushed up energy prices, increasing the risk of inflation transmitting to other goods and services, thus necessitating a further rate hike by the Federal Reserve in December. 4. HSBC: 25 basis point rate hike in December. The main factor supporting the rate hike is the resilience of the US economy: stable consumer spending, strong corporate capital investment, and no significant deterioration in the job market, providing room for the Fed to continue raising rates. 5. Barclays: 25 basis point rate hike in December. At the end of August, the bank believed that Warsh's emphasis on still excessively high inflation, insufficiently restrictive financial conditions, and a fully employed labor market was actually providing a policy basis for further rate hikes. 6. UBS Global Wealth Management: 25 basis point rate hike in December. After the US September CPI exceeded expectations, the bank predicted that the Fed would raise rates again in December and March next year, believing that the spread of inflationary pressures means the Fed may need to gradually raise interest rates over a longer period. 7. Morgan Stanley: 25 basis point rate hike in December. On September 15, the bank turned hawkish on its Fed policy forecast, arguing that the decline in inflation was slower than previously expected and lacked sufficient persuasiveness. 8. Standard Chartered: 25 basis point rate hike in December. Key factors driving further rate hikes include strong AI investment, a still-tight labor market, and persistent inflationary pressures from rising energy prices. 9. Citigroup: 25 basis point rate hike in December. Following the release of the latest US CPI data, Citigroup changed its forecast from no Fed rate hike this year to a 25 basis point rate hike in December. The bank believes that interest rates will remain stable for some time after the December hike, and may not begin to cut rates until June next year. 10. Goldman Sachs: 25 basis point rate hike in December. Goldman Sachs postponed the next Fed rate hike from October to December in September, mainly due to lower-than-expected US August PCE inflation data and signals from Fed officials that there was no rush to continue raising rates. 11. Deutsche Bank: 25 basis point rate hike in December. Inflation remains significantly above the Fed's 2% target.

Ofgem (UK Gas and Electricity Markets Office): MSC payments between suppliers will only occur if wholesale prices subsequently fall to a level sufficient to trigger the mechanism.

Ofgem (UK Gas and Electricity Markets Office): Activating the Energy Market Stabilization Fee (MSC) will not automatically generate fees or increase customer bills.