UBS strategists Shahab Jalinoos and colleagues said latest data show speculative JPY shorts are "completely unwound." With carry-trade conditions still favorable and the US-Japan interest-rate differential remaining wide, investors have scope to rebuild JPY short positions, which could further weaken the yen.

瑞安航空：公司正努力減少今冬購買的未對衝石油數量，並將在11月底和1月中旬削減運力。

The State Administration for Market Regulation (SAMR) said it has unconditionally approved Tongwei Co., Ltd.'s acquisition of equity in Qinghai Lihao Qingneng Co., Ltd. SAMR said the decision demonstrates regulatory support for market-based M&A to optimize resource allocation and curb low-level homogeneous competition, and that it will continue improving merger antitrust review efficiency to safeguard fair competition and support industrial upgrading and high-quality development.