Russian Defence Ministry said its air‑defense systems shot down 136 Ukrainian drones overnight over the Moscow region and 13 other regions.

The National Bureau of Statistics released first‑three‑quarters data on the 19th. Lu Liping, professor at Renmin University School of Finance and deputy director of the China Banking Research Center, said the economy shows pronounced divergence across demand, prices and growth momentum and that policy is shifting from short‑term stimulus toward long‑term institutional reform. On demand, exports are strong while retail sales and fixed‑asset investment remain weak. On prices, producer‑side price moves have not fully transmitted to consumer prices. On growth momentum, old and new drivers display mixed strength.

CME Group announced it will launch tungsten futures to meet rising demand in its metals suite; the contract is expected to begin trading no later than Q1 2027, subject to regulatory review. Global tungsten output is roughly 85,000–95,000 tonnes annually; at current spot prices the market exceeds $20 bln. The US, EU, Japan and India have designated tungsten a critical mineral. An active spot market exists but there is currently no tungsten futures market.