[Today's Key Financial Data and Events: Tuesday, October 28, 2025] ① 3:00 PM: Germany's November GfK Consumer Confidence Index ② 9:00 PM: US August FHFA House Price Index (monthly rate) ③ 9:00 PM: US August S&P/CS 20-City House Price Index (yearly ra

Canadian Prime Minister Carney: We have contingency plans if US President Trump is unwilling to negotiate.

Domestic News: 1. China and the United States held economic and trade consultations in Kuala Lumpur, Malaysia. Li Chenggang said the two sides constructively discussed solutions to properly address mutual concerns on issues such as export controls, the suspension and extension of reciprocal tariffs, fentanyl, and ship charges, and reached a preliminary consensus. Each side will then complete internal approval procedures. 2. Li Qiang held talks with Singaporean Prime Minister Lawrence Wong. 3. Li Qiang went to Kuala Lumpur to attend the East Asia Cooperation Leaders' Meetings. 4. Multiple units of the Eastern Theater Command Air Force conducted simulated confrontation training in the sea and airspace surrounding Taiwan. 5. WuXi AppTec: Net profit for the first three quarters was 12.076 billion yuan, an increase of 84.84% year-on-year. 6. The head of the National Energy Administration met with the UK Special Representative for Climate Affairs and the British Ambassador to China. 7. National Energy Administration: As of the end of September, China's cumulative installed power generation capacity reached 3.72 billion kilowatts, a year-on-year increase of 17.5%. 8. State Council Report on Financial Work: We must implement a moderately loose monetary policy in detail; focus on providing high-quality financial services. International News: 1. Many European countries have begun implementing daylight saving time. 2. Risk appetite rebounded, with gold, oil, and stocks seeing sharp fluctuations at the opening of trading on Monday. 3. Cambodia and Thailand signed a joint peace statement in Malaysia. 4. California Governor Newsom admitted to considering running for the 2028 US presidential election. 5. Two suspects in the Louvre robbery have been arrested, and some of the collection has been transferred to the French central bank's vault. 6. US Senator: After his Asia trip, Trump will hold a briefing with Congress on a possible expansion of his crackdown on Venezuela. 7. Tariffs - ① The United States and Thailand signed a critical minerals agreement and will maintain a 19% tariff on Thailand; ② Trump met with the Brazilian president, and the two sides will conduct economic and trade negotiations, suspending tariffs during the negotiations; ③ The United States and Vietnam announced a framework for a trade agreement and will maintain a 20% tariff on Vietnam.