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Polling stations in Indiana and Kentucky have closed.
2026-11-04
Polling stations in Indiana and Kentucky have closed.
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2026-11-03
China Minsheng Bank economist Wen Bin said the PBOC’s Nov. 3 hike in the foreign-exchange deposit reserve ratio is a transparent, market-based step to stabilize expectations and keep the RMB broadly stable. The move tightens onshore USD liquidity and
China Minsheng Bank economist Wen Bin said the PBOC’s Nov. 3 hike in the foreign-exchange deposit reserve ratio is a transparent, market-based step to stabilize expectations and keep the RMB broadly stable. The move tightens onshore USD liquidity and should ease near-term RMB appreciation pressure; the tool can be eased if RMB depreciates too quickly. Historically, the PBOC raised the FX deposit reserve ratio twice in 2021 to 9% and cut it three times in 2022–23 to the current 4%. Wen said the adjustment helps rebalance FX supply and demand and disrupt self-fulfilling appreciation expectations.
2026-11-04
Trump told CBS News before polls closed he is prepared to veto Democratic legislation if necessary.
Trump told CBS News before polls closed he is prepared to veto Democratic legislation if necessary.
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