【期货盯盘神器专属文章】巴西播种季信贷断崖式下跌，农业不良债务猛增，高利率下金融机构惜贷！新季丰产预期正遭遇怎样变数？

JP Morgan lowered emerging-market FX ratings to market-neutral.

China's foreign exchange reserves stood at US$3.405 trillion at the end of October 2026, up US$4.9 billion (0.14%) from end‑September, the State Administration of Foreign Exchange said. SAFE said a stronger US dollar and mixed global asset returns in October meant exchange‑rate translation and asset‑price movements increased reserve levels; broadly stable domestic economic activity supported overall reserve stability.