Hungarian Prime Minister Magyar said more than 2 million taxpayers will receive income tax relief next year, at a cost of HUF 250 bln.

On Oct. 18 local time Saudi civil defense said a projectile fired by Houthi forces struck a residential area in Najran in southern Saudi Arabia, injuring six Saudi nationals. Three houses and three vehicles were damaged and emergency response measures were activated.

Guojin Securities says the worst phase for China A‑shares has likely passed. AI-driven investment initially pushed up interest rates and global cost of capital, but capex is concentrating in US tech; current cracks in US tech investment should support a period of downward pressure on real rates. The market lacks a V‑shaped base, but systemic risk is ebbing and selective non‑AI exposures are becoming tradable. Recommendations: gold — attractive as AI slows and fundamentals diverge, easing real‑rate pressure; energy/chemicals chain — coal, oil and tanker shipping to benefit from global inventory restocking and offering dividend‑like returns; export sectors — exports are no longer AI‑exclusive, and if rates continue to fall, white goods, textiles manufacturing, commercial vehicles and home furnishings could see a recovery and also present dividend attributes.