BOJ September meeting minutes: a cabinet representative said the government expects the Bank of Japan to be accountable for decisions made at the meeting and to closely review the cumulative effects of past rate hikes.

China A-shares extended an afternoon rally: Sci‑Tech Innovation Board 50 Index jumped over 9% intraday, ChiNext rose more than 6%, the Shanghai Composite gained nearly 2% and the Shenzhen Composite about 4%.

Charu Chanana, chief investment strategist at Saxo Bank, said midterm election results increase uncertainty over future fiscal stimulus and raise the risk of greater regulatory volatility. Democratic control of Congress would limit Trump’s ability to further expand fiscal spending and push tax legislation, though Congress would not be able to fully overturn the administration’s economic agenda. She said the market’s immediate reaction reflects three concerns: reduced scope for additional fiscal support; tighter regulation of AI and large tech; and a potential slowdown in the growth momentum that underpins the US-exception narrative. Chanana added markets may be premature in assuming Democratic control necessarily implies weaker economic growth.