Saudi civil defense issued an early alert for the Najran region.

UK Prime Minister Burnham said the government must invest in young people first; savings will follow.

Internationally 1. Goldman Sachs: Lowered its year-end 2026 gold price forecast to $4,150 per ounce and its year-end 2027 forecast to $4,800 per ounce. 2. JPMorgan Chase: Recent sector rotation in US stocks is driven more by position adjustments than by fundamental changes. 3. Plato Investments: The AI stock plunge stems from market confusion between technological prospects and investment returns. 4. Societe Generale: Following the US midterm elections, market focus has shifted back to fundamentals, and the safe-haven appeal of US Treasuries is expected to continue. 5. Saxo Bank: The Democrats are not trying to end the AI boom; panic selling amplified the market decline. 6. Capital Economics: US stocks are unlikely to return to October highs in the short term. 7. Saxo Financial: Asian markets are particularly vulnerable to the sell-off in AI stocks. 8. FGE: Iranian oil exports have nearly ground to a halt, and hopes for a peace agreement in the short term are slim. Domestic 1. CITIC Securities: Recommends increasing allocation to gold and commodities in November, focusing on value and large-cap stocks in equities. 2. CITIC Securities: Bullish on the valuation recovery of new energy, believing wind power has significant upside potential and photovoltaics may be approaching a supply-demand inflection point. 3. CITIC Securities: Cross-border e-commerce is driven by tightening tariffs on small parcels from the US and Europe, leading to an iteration of fulfillment models; pay attention to undervalued investment opportunities. 4. CITIC Securities: Leading beauty companies' main brands are expected to gradually recover growth. 5. CITIC Securities: E-commerce sector valuations are low; platform competition is shifting towards subsidy efficiency and service. 6. Huatai Securities: Recommends prioritizing dividend-paying assets with stable profits and dividends, focusing on sectors such as banking and hydropower. 7. Changjiang Securities: Bullish on the undervaluation recovery of non-bank financial institutions, focusing on the liability costs of insurance companies and the profitability resilience of securities firms.