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U.S. Secretary of State Marco Rubio: We will be in talks with Reliance about refining more Venezuelan crude oil.

2026-10-20

U.S. Secretary of State Marco Rubio: We will be in talks with Reliance about refining more Venezuelan crude oil.

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2026-10-20

Wells Fargo lowered its price target for Microchip Technology from $88 to $80.

Wells Fargo lowered its price target for Microchip Technology from $88 to $80.
2026-10-20

China Q3 GDP rose 4.5% YoY. Shenwan Hongyuan chief economist Zhao Wei said the domestic economy will undergo an N-shaped recovery, with Q4 likely characterized by sustained strong exports and marginal domestic-demand repair. September data showed mar

China Q3 GDP rose 4.5% YoY. Shenwan Hongyuan chief economist Zhao Wei said the domestic economy will undergo an N-shaped recovery, with Q4 likely characterized by sustained strong exports and marginal domestic-demand repair. September data showed marginal improvement in both external and domestic demand; overall growth is expected to drift modestly higher in Q4. Exports: short-term China‑EU trade disruption is limited; an AI-led capex cycle and a rebound in US imports should support continued high export growth. Investment: developer financing stress will likely continue to weigh on property investment, but faster implementation of existing domestic policy and earlier profit gains should provide labeled support, leaving overall investment on a recovery path in Q4. Consumption: Household spending should continue a modest rebound and remain broadly stable.
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