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The Shanghai Stock Exchange held a mobilization meeting for the first batch of actively managed ETFs.

2026-10-21

The Shanghai Stock Exchange held a mobilization meeting for the first batch of actively managed ETFs.

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2026-10-21

Bloomberg commodities columnist Javier Blas stated on October 20th that for Trump, gasoline prices are a bigger political issue ahead of the midterm elections than diesel prices, both politically and economically. According to a rough rule of thumb,

Bloomberg commodities columnist Javier Blas stated on October 20th that for Trump, gasoline prices are a bigger political issue ahead of the midterm elections than diesel prices, both politically and economically. According to a rough rule of thumb, the price of New York gasoline futures (in dollars per gallon) plus about $1 roughly corresponds to the average retail gasoline price across the United States. If this pattern holds true, and wholesale market prices continue to move in this direction for several days, then U.S. retail gasoline prices will likely fall towards $4 per gallon. Gasoline wholesale prices fell to their lowest level in two and a half months on the 20th, so it wouldn't be surprising if Trump started loudly complaining that major oil companies weren't cutting prices fast enough and failing to lower retail prices in a timely manner.
2026-10-21

Iranian President Pezeshkian told Pakistan army chief Munir on the 20th that regional tensions and disruptions in the Strait of Hormuz stem from U.S. aggression. He said Washington cannot simultaneously intensify sanctions, pressure and a blockade an

Iranian President Pezeshkian told Pakistan army chief Munir on the 20th that regional tensions and disruptions in the Strait of Hormuz stem from U.S. aggression. He said Washington cannot simultaneously intensify sanctions, pressure and a blockade and credibly seek dialogue. Pezeshkian said Iran is willing to talk but only after the U.S. removes threats and sanctions, adding that current U.S. actions contradict any stated desire for agreement. He warned war would not achieve U.S. objectives and would cause damage across Iran and the wider region.
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