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The Bank of Japan stated that when assessing Japan's financial environment, it will comprehensively analyze various data and survey results, rather than relying on a single indicator.

Fitch: The profitability of major Japanese banks may further improve as rising domestic interest rates boost spreads, investment income, and customer revenue.

Bank of Japan: The Bank of Japan is closely monitoring asset price trends, such as stock prices and foreign exchange rates, in assessing Japan's financial conditions.

Bank of Japan: The median average of real interest rates remains low.

Bank of Japan: Japan's real interest rates have risen recently, especially in the long and ultra-long term range.

Bank of Japan: Underlying inflation has accelerated to around 2%, and has been gradually solidifying around that level in recent years.

Toyota's sales in Japan fell 5.8% year-on-year in October, while Honda's sales rose 10% year-on-year.

India's final October manufacturing PMI was 54.7, below the expected 54.8 and the previous reading of 54.9.

According to Interfax news agency, the Russian Ministry of Defense stated that Russian forces struck a military facility in the Odessa region of Ukraine.

According to Interfax news agency, the Russian Ministry of Defense stated that Russia struck a cargo ship 58 kilometers south of the Ukrainian Black Sea port of Odessa.

Jefferies cuts Alphabet (GOOG.O) PT to $400 from $455.

Jefferies: Lowered its price target for Alphabet (GOOG.O) from $455 to $400.

Iranian Foreign Minister Araqchi, in an interview with Al Jazeera, stated that Iran will not succumb to economic pressure, nor will it sell out its national dignity and independence. Araqchi emphasized that a consensus has been reached among the Iranian government, parliament, Supreme National Security Council, and armed forces to jointly support the final decision. He explicitly stated that Iran's chief negotiator remains Ghalibaf, with Mohsen Rezaei providing full support: "We make decisions together and implement them together." Regarding the letter from US Vice President Vance, Araqchi said that if the letter aims to maintain open dialogue channels, it is a positive move; however, if its purpose is to sow discord, it would be another mistake by the Americans. He revealed that Iran has carefully studied the letter and discussed it at a high-level meeting, and Iran will adjust its relevant policies in an appropriate manner.

According to Yonhap News Agency, an official said that the vice foreign ministers of South Korea and Japan will hold talks on Monday, and the meeting is expected to cover a range of topics, including bilateral relations as well as regional and global affairs.

Goldman Sachs: The Bank of England is expected to raise interest rates by 25 basis points in February 2027, bringing the terminal rate to 4.25%.

India’s NIFTY oil and gas index rose 2.21% in pre-market trading.

NI225 has erased its nearly 1% drop in the morning session and is now up 0.4%.

Syz Bank of Switzerland points out that the US low-rated corporate bond market has experienced significant pressure, but the risk has not yet widely spread to high-rated companies. Credit spreads on CCC-rated bonds have widened to approximately 11.3%, and high-yield credit default swap (CDS) spreads have remained above their continuously rising 200-day moving average for the third consecutive week. Meanwhile, there are no clear signs of risk contagion in the investment-grade bond and BBB-rated credit markets. Syz believes that the current US stock market correction is mainly characterized by sector rotation, with corporate earnings expectations and market breadth continuing to provide support. However, credit spreads for some AI infrastructure companies have begun to widen. Meta and Alphabet's free cash flow turned negative in the third quarter, and Meta also supported capital expenditures through equity financing, indicating that AI investment expansion is facing a more stringent test of financing capabilities. Whether credit pressure can spread from low-rated bonds such as CCC to BBB and higher-rated companies will be a key indicator for Syz in assessing market risk. The bank is currently maintaining a neutral equity allocation, but stated that it will reassess this position if credit risk spreads upward along the rating system; if high-yield bond spreads begin to decline, it could create conditions for increasing risk exposure after a market correction.

US President Trump: Fannie Mae and Freddie Mac will invest $4.3 billion in mortgage lending in Kansas next year.

Oaktree Capital co‑chair Howard Marks said recent setbacks in AI have undercut the market's 'cannot fail' assumption and heightened investor skepticism, a healthy corrective, he added. He noted investor tolerance for tech is declining as core businesses cool despite heavy AI spending; recent results from Alphabet and Amazon have intensified concern that AI investments are eroding the cashflows that fund them. Marks said he has been watching for market bubbles and recalled his 2000 memo warning of the internet bubble.