UniCredit is studying a transaction to hedge €1bn of German residential mortgage risk as it prepares to expand in Germany. The Milan-based bank expects to obtain control of a German commercial bank in coming months and is gauging investor interest in an unfunded credit-protection deal. German house prices have recovered since end-2024 but the rebound has slowed in recent quarters; rising rates and tighter mortgage lending by banks leave the sector outlook uncertain.

10月14日，滬深兩市總成交額降至1.41萬億元，較前一交易日減少約2615億元，降幅約15.6%；市場成交活躍度明顯降溫，成交額進一步下探並顯著低於20日均線，資金交投繼續趨弱。 -------- 注：兩市成交量反映了各大機構、遊資、廣大散戶對A股看法，高於均線代表總成交量升高，市場情緒偏樂觀，低於均線代表總成交量下降，市場情緒降溫。

Oct 15, IRIB reported Iran's commander‑in‑chief Hatami said the Strait of Hormuz remains closed and claims it has reopened are false; it will not reopen until the rights of the Iranian people are respected. He said the IRGC navy controls the western Strait while the army's naval forces control the eastern Strait and the Gulf of Oman. Hatami said Iran has stepped up maritime operations recently, with numerous vessels it deemed in violation struck by mines or attacked. He added Iran used a recent lull to repair wartime damage and has increased equipment numbers, quality and combat readiness, saying forces are prepared for any war. Hatami warned that if Iranian infrastructure is attacked, Iran will retaliate against enemy infrastructure and interests several‑fold and urged adversaries not to attack.