杰富瑞：将英特尔(INTC.O)目标价从120美元下调至85美元。

BOJ kept the policy rate at 1.25% as expected; the board voted 8-1 with Takada dissenting after proposing a short-term rate target of 1.5%, which was rejected. The BOJ will accelerate ETF sales, raising the annual pace to 860 bln yen. It lifted next year’s core inflation forecast to 2.6% (from 2.4%) and upgraded this year’s GDP outlook to 0.7% (from 0.6%). Forward guidance: the BOJ said it will continue to raise policy rates as warranted by economic activity, prices and financial conditions and aims to keep underlying inflation anchored near the 2% target. Officials flagged a shift from disinflation risk to potential inflation overshoot; core inflation may remain within a target-consistent range. The BOJ warned that if AI-related profits fail to scale with investment this could create pullback pressure and affect asset prices, and said it will monitor Middle East risks, the yen and AI demand. Governor Ueda said the economy should grow modestly, is being supported by government measures and easy financial conditions, and that the BOJ will assess rate-hike necessity at every meeting; the bank does not plan to formally declare the inflation target achieved—any official declaration is for the government to make.

China's CSRC said it will prioritize stabilizing markets and expectations, deepen comprehensive investment and financing reforms, and strengthen full‑chain regulation to raise capital market resilience and confidence. The commission ordered system‑wide implementation of the 20th Party Central Committee's Fifth Plenum directives, targeted action to resolve prominent market problems, and tighter Party governance to ensure capital market tasks are delivered in the opening year of the 15th Five‑Year Plan.