US officials called Monday’s limited strikes near the Strait of Hormuz defensive, oil rebounded from a steep selloff, and both sides signalled that a deal remains possible but distant.
Working-level negotiations on 10 to 11 November will cover post-war security, de-escalation and humanitarian issues, restarting a process suspended by the war in Iran.
Tariff refunds and a lower tax rate flattered earnings, while memory-chip costs and supply limits on the $2,000 foldable weigh on the holiday-quarter outlook.
US, Russian and Chinese officials are discussing a trilateral meeting on the sidelines of the APEC summit in China, though Beijing has not confirmed it.
Official buying ran at its fastest pace since 2024 and most of it was undisclosed, while bar and coin demand fell with prices well below their record.
The bank’s oil team says only a lasting US-Iran agreement would quickly remove the war risk premium, though reports of the note differ on its 2027 average.
The central bank’s move ended the onshore yuan’s longest winning streak in three decades and pushed the currency lower on Tuesday.
Australia’s central bank lifted rates to the highest level since 2008 after revising up its inflation outlook, while major peers stayed on hold.
Beijing is now restricting the supply of new shares, while the central bank governor pledges more action after earlier support measures failed to put a floor under prices.
The company reported $2.31 billion in third-quarter revenue and guided above estimates, but investors questioned whether it can sustain the pace.
October’s reading is above the Swiss National Bank’s own forecast and the midpoint of its target range for the first time since August 2024.