Domestic News
1. The People's Bank of China (PBOC) conducted 300 billion yuan of outright reverse repurchase operations on November 5th.
2. Five departments issued the "Action Plan for Implementing a Comprehensive Conservation Strategy," accelerating the deployment of a number of rare and precious metal resource recycling projects.
3. The Ministry of Commerce reported positive progress in recent China-Canada trade consultations, including further extending relevant exemptions under the preliminary joint arrangement.
4. The compilation scheme for the Shanghai Stock Exchange-Hong Kong Stock Connect Index has been revised: securities with an average daily turnover of less than HK$5 million over the past year have been removed.
International News
1. Trump cancels public events after his midterm election defeat.
2. The Swedish central bank raised its policy rate from 1.75% to 2.0%.
3. The UAE is considering building a third oil pipeline to bypass the Strait of Hormuz.
4. Brent crude briefly fell below the $100/barrel mark for the first time since October 8th.
5. US ADP employment figures for October showed 86,000, higher than the market expectation of 69,000.
6. Middle East Situation
① Trump: "There is no need to use nuclear weapons against Iran."
② Iranian Revolutionary Guard: Shot down another US drone.
③ Mojtaba: If the US launches another invasion, Tehran's response will be larger-scale.
③ Yemen's Houthi rebels claim to have attacked King Khalid International Airport in Riyadh, Saudi Arabia; Saudi Arabia has not confirmed this.
④ Pakistani Prime Minister: Recent diplomatic contacts between Pakistan and Iran and other regional countries have made "very positive" progress.
