Refinitiv cited two attendees of a pre-IPO investor briefing saying SpaceX executives told investors the company plans to begin an initial demonstration of space-based AI computing infrastructure by end-2027, earlier than the "earliest 2028" deployment timeline disclosed in its IPO filing. The orbital computing project is central to SpaceX's long-term growth case; the IPO filing said it is "the only company with a commercially viable path to build orbital AI computing systems at scale."

Russian Foreign Minister LAVROV said the West has completely destroyed Europe’s security architecture and that all major arms-control treaties no longer exist.

CSC Financial says the probability of a Fed rate hike is low in the near term; market worries about Fed tightening are largely expectation-driven and rest on assumptions of persistent US inflation and a hot labor market. CME FedWatch shows markets begin pricing a high probability of Fed hikes from late October 2026. Current global liquidity tightening and market adjustments largely reflect an early reaction to Q4 Fed-hike expectations. For China’s bond market, higher Fed-tightening expectations are not necessarily negative: the market is relatively independent with limited linkage to US Treasuries, and ample domestic liquidity means anticipated overseas liquidity tightening and equity weakness could drive flows into domestic bonds, supporting long-end yields. CSC expects the 10-year China government bond yield to trade around 1.70%; a break below 1.70% would require fresh domestic incremental information.