US President Trump said reports that US ammunition stocks were depleted were false. He acknowledged some shortfalls in certain supplies but said calling them a “shortage” may overstate the case, and that US inventories have declined in part because large aid transfers to Ukraine under the Biden administration reduced stockpiles.

Reserve Bank of Australia Governor Bullock said it is uncertain how high interest rates need to rise.

Shenzhen municipal financial office and financial work committee said at a Nov. 3, 2026 cadre meeting they will press to convert learning into action, accelerate building industry and tech finance hubs, and seek breakthroughs in technology, industrial and cross‑border finance. Authorities will strengthen regulatory effectiveness and supervisory penetration to ensure compliant local financial operations, coordinate disposal of illegal financial activity, resolve risks at small‑ and medium‑sized financial institutions, prevent new risk formation, properly manage existing exposures and firmly uphold the bottom line of preventing systemic risk.