Vessel traffic at Santos, Brazil's largest port, has been temporarily suspended due to strong winds.

Daiwa Capital Markets chief US economist Lawrence Werther said ahead of Fed chair KEVIN WARSH's news conference today that the Fed statement is expected to be largely unchanged. He prefers the C.BANK will stand pat, expects Warsh to maintain his forward-guidance stance while possibly marginally softening his view on inf, and said markets will watch whether Warsh will continue holding these news conferences.

Zhejiang province issued its Implementation Plan for AI-empowered Manufacturing Digital Transformation (2026–2030), directing application of next‑generation information technologies and deeper integration of AI with the information technology industry. The plan prioritizes integrated circuits—seeking breakthroughs in intelligent EDA and promoting computational lithography and AI‑assisted defect inspection; intelligent IoT—pushing integration of smart sensors with edge AI to enable real‑time edge decision‑making and to build an IoT perception platform; and high‑end software—focusing on multimodal perception, time‑series forecasting and intelligent decision‑making and on constructing intelligent toolchains spanning requirements/design, development/testing and operations/maintenance.