Goldman Sachs expects the Bank of England to raise rates by 25bps in February 2027, taking the terminal rate to 4.25%.

SpaceXSI said Grok will embed invisible watermarks in AI-generated text from Nov. 7 to comply with requirements of the EU Artificial Intelligence Act.

Hang Seng Index opened higher, pulled back and rallied into the noon session; Hang Seng rose 0.61% to 23,437.41 and the Hang Seng Tech Index gained 2.85% to 3,862.08. Turnover was HKD114.145bn. AI hardware led the market rally; semiconductors, PCB and optical-communications subsectors outperformed. Chinese brokerages and lithium stocks were active. Mainland bank stocks opened strong then slid; precious metals lagged. Notable movers: Yangtze Optical Fibre & Cable (06869.HK) +13.47%, CATL (03750.HK) +6.73%, Industrial & Commercial Bank of China (01398.HK) -2.15%, Zhufeng Gold (01815.HK) -7.26%.