Customs data show China-Germany goods trade totaled 1.2 tln yuan in the first three quarters, up 6.2% YoY. September trade was 146.17 bln yuan, up 11.3% YoY. Major traded items included electrical equipment, electronic components and pharmaceuticals. In 2025 China-Germany goods trade was 1.51 tln yuan.

ANTHROPIC's total operating expenses in 1H ended June 30 were $16.98 bln.

Jefferies global economist Mohit Kumar says the firm maintains a bullish view on 5-year U.S. Treasuries (expects yields to fall). Jefferies continues to see fewer actual rate hikes from major central banks than markets currently price. Consistent with consensus, Jefferies expects the Fed on Wednesday and the ECB on Thursday will not raise rates. Kumar: "We still expect the Fed and ECB to each hike once in December. By the March meetings our base case is that oil will have begun to decline, removing the need for further rate hikes."