Shell CFO said inability to export gas from Qatar will also affect Q4 results.

Since October, foreign banks operating in China including HSBC, Standard Chartered, DBS and Yongfeng Bank have been rolling out RMB large-denomination time deposits. Yongfeng is offering a 3-year annualized yield of 1.92%, roughly 40bps above state-owned big banks' 3-year products; Bank of East Asia has issued multiple 3-year offers at 1.90% this year. Standard Chartered and HSBC are concentrating on short-dated tenors of one year or less. Rong360 analyst Ai Yawen says the push is primarily to stock RMB for cross-border business and shore up retail funding gaps, but higher rates to attract deposits will squeeze margins and are unlikely to be sustained long term.

美聯儲主席沃什：實現物價穩定並不取決於日曆上的某個固定日期。