Hungarian Prime Minister Majol: The government will raise the minimum pension starting January 1.

If this stance persists, in the short term it may mean:① A temporary decrease in the risk of a further large-scale escalation of the Russia-Ukraine conflict;② A slight easing of the geopolitical risk premium in the European energy market;③ However, since fighting continues, this cannot be interpreted as a ceasefire or a breakthrough in peace negotiations;④ If Russia continues to make localized progress, it may actually increase Moscow's bargaining power in negotiations.Of particular note is the significant difference between the Russian military's statement that it has "made progress" and the West's assessment of the speed of the battlefield advance. Therefore, what truly matters going forward is not how the Kremlin describes the battlefield, but whether the Russian military can achieve sustained, operationally significant breakthroughs in key areas such as Donetsk.

According to Sky News: In a phone call with the Russian Foreign Minister, the Egyptian Foreign Minister stressed that Israel must comply with the requirements of the first and second phases of the Gaza Plan and cease measures that undermine the chances of achieving peace.

According to Saudi Arabia's Al Arabiya TV, a senior Iranian official said that Iran is unable to import enough fuel to make up for insufficient domestic production due to the US naval blockade.

European semiconductor stocks generally rose, with ASMI, BESI, ASML, STMicroelectronics, and Soitec shares increasing by 2.2% to 3.1% after Nvidia released its earnings report.

According to TASS, the Kremlin stated that Russia will respond sternly to Ukraine's attacks on its economic and trade infrastructure.