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Preliminary U.S. midterm results favor Democrats; the 10-year Treasury yield slid from about 4.97% earlier to roughly 4.89%, its lowest since early September. U.S. stock index futures sold off and the dollar weakened to its weakest level since late S

2026-11-04

Preliminary U.S. midterm results favor Democrats; the 10-year Treasury yield slid from about 4.97% earlier to roughly 4.89%, its lowest since early September. U.S. stock index futures sold off and the dollar weakened to its weakest level since late September. ITC Markets FX strategist said FX moves are intensifying: Swiss franc +0.8%, euro +0.6% vs the dollar, yen +0.5% vs the dollar.

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2026-11-04

Taobao Flash Sale began mid-October gray testing of its premium at-home dining project "Home Feast" in Beijing, covering six brands and 18 stores in the first wave. The rollout follows tests in Shanghai, Hangzhou, Chengdu and Shenzhen, bringing natio

Taobao Flash Sale began mid-October gray testing of its premium at-home dining project "Home Feast" in Beijing, covering six brands and 18 stores in the first wave. The rollout follows tests in Shanghai, Hangzhou, Chengdu and Shenzhen, bringing national coverage to 27 brands and more than 50 stores. Beijing's cohort includes four brands new to the test and adds Beijing outlets from two previously participating brands. Partner selection is based on brand quality and industry standing; Taobao co-develops delivery-specific menus with food experts, dishes screens for delivery suitability, redesigns menus and confirms taste through multiple delivery trials before listing.
2026-11-04

MissionSquare CIO Shari Hensrud warns market expectations for October U.S. payrolls are modest but core data warrant caution: three of the past four reports were revised down by about 150k jobs in total, and the past three months have averaged roughl

MissionSquare CIO Shari Hensrud warns market expectations for October U.S. payrolls are modest but core data warrant caution: three of the past four reports were revised down by about 150k jobs in total, and the past three months have averaged roughly 50k payroll gains. She notes Brent briefly approached $118/bbl in October while long-term Treasury yields eased below 5%; these dynamics are unlikely to be fully reflected in the report and their impact on hiring may surface in November–December. Higher energy costs may outweigh any improvement from lower borrowing costs.
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