Counterpoint Research reports Q3 2026 global DRAM revenue approached $200 billion, a 369% YoY increase (nearly fivefold). The firm says the surge was driven mainly by price gains rather than volume: DRAM unit shipments rose about 4% QoQ while average

US Dollar: 1. US October ADP employment report unexpectedly exceeded expectations, with hiring activity showing signs of stabilization. 2. The US Treasury Department adjusted its wording, opening the door to adjusting auction sizes. Pound Sterling: 1. The Bank of England will announce its interest rate decision today; the market expects a 25 basis point rate hike, raising the benchmark rate to 4%. Euro: 1. Eurozone inflation has risen to twice the ECB's target, increasing expectations for a December rate hike. 2. The Dutch government has nominated former central bank governor Klaus Noether to become the new ECB president. 3. ECB Governing Council member Noether: A hawkish stance must be maintained, and vigilance against inflationary shocks is necessary. Japanese Yen: 1. Japanese Chief Cabinet Secretary Minoru Kihara: Japan will continue dialogue with the US at all levels to strengthen the alliance. 2. Bank of Japan Governor Kazuo Ueda will travel to the US and Switzerland from November 5th to 10th. 3. Bank of Japan September Meeting Minutes: The committee unanimously agreed that it was appropriate for the central bank to continue raising the policy rate and adjust the degree of monetary easing. South Korean Won: 1. South Korean Finance Minister: Preparations must be made for the possibility of increased market volatility. Close attention will be paid to changes in AI policy following the US midterm elections. 2. South Korea will introduce a cornerstone investor lock-up mechanism to curb post-IPO sell-offs. Other: 1. The Swedish central bank raised its policy rate from 1.75% to 2.0%. 2. The Polish central bank kept its benchmark interest rate unchanged at 3.75%, in line with market expectations. 3. The Brazilian central bank kept its benchmark interest rate unchanged at 13.75%, in line with market expectations. 4. Kenyan Finance Minister: Kenya and the World Bank have concluded negotiations on emergency financing. Kenya has selected underwriters for debt swaps, Islamic bonds, and Eurobonds.

As of the 23:00 market close, most domestic futures contracts declined. Fuel oil fell over 6%, low-sulfur fuel oil (LU) fell nearly 5%, asphalt fell over 4%, and liquefied petroleum gas (LPG) fell nearly 4%. On the upside, coking coal rose nearly 2%, and coke rose over 1%.