REUTERS SURVEY: Analysts raised their EU carbon price forecasts for 2027 by 2.1% to €90.99/tonne and for 2028 by 3.5% to €98.69/tonne.

Oct. 21, 2026 — The China Academy of Information and Communications Technology (CAICT), China Telecom, China Mobile, Shanghai Unicom, the Shanghai Institute of Optics and Fine Mechanics (Chinese Academy of Sciences), Huixin Tiankong and LvSuan Technology launched a storage-direction Lead Goose plan under the 'Compute Capacity Strengthening Revealing Action'. The industry-led program targets storage technology shortfalls for AI business scenarios and sets a three-stage implementation path: first, a pilot R&D stage in which shortlisted entrants refine technical proposals to close storage gaps for AI workloads; second, a demonstration stage to create storage benchmarks for typical business scenarios, conduct prototype verification and field pilots, and produce replicable turnkey solutions; third, a full rollout stage to deepen industry–academia–research–application collaboration, establish standard test systems, consolidate pilot experience and advance key technologies toward scaled commercialization.

ECB Governing Council member MAKHLOUF said he had seriously considered the possibility of an ECB rate hike this week.