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Capital Economics analyst Nicolas Crittenden says Saudi Arabia's shift back toward a monetary-tightening cycle, a pullback in oil prices and weaker fiscal support will keep the non-oil economy under pressure into next year. Saudi Q3 budget deficit mo

2026-11-04

Capital Economics analyst Nicolas Crittenden says Saudi Arabia's shift back toward a monetary-tightening cycle, a pullback in oil prices and weaker fiscal support will keep the non-oil economy under pressure into next year. Saudi Q3 budget deficit more than doubled q/q to about $22bn. Capital Economics expects oil prices and Saudi government revenues to decline over the coming year as shipping via the Strait of Hormuz normalizes. Crittenden added that public finances that underwrite non-oil activity are already strained—particularly after an escalation in the Yemen conflict—leaving non-oil firms if exposed fiscal support proves insufficient.

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2026-11-04

Hong Kong-listed mainland bank stocks fluctuated and strengthened, with China Merchants Bank (03968.HK) rising nearly 2%, China Construction Bank (00939.HK) and Agricultural Bank of China (01288.HK) rising more than 1%, and Industrial and Commercial

Hong Kong-listed mainland bank stocks fluctuated and strengthened, with China Merchants Bank (03968.HK) rising nearly 2%, China Construction Bank (00939.HK) and Agricultural Bank of China (01288.HK) rising more than 1%, and Industrial and Commercial Bank of China (01398.HK) and Postal Savings Bank of China (01658.HK) following suit.
2026-11-04

According to CNN: As of 1 a.m. Eastern Time (2 p.m. Beijing Time), polling stations in Alaska, the “last frontier” state of the United States, and the remaining 49 states had closed.

According to CNN: As of 1 a.m. Eastern Time (2 p.m. Beijing Time), polling stations in Alaska, the “last frontier” state of the United States, and the remaining 49 states had closed.
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