The UAE is considering building a third crude oil pipeline to bypass the Strait of Hormuz.

PBOC will conduct a CNY300bn three-month outright reverse repo on Nov 5, 2026 to maintain ample banking-system liquidity. The operation will be a fixed-quantity, rate tender with multiple-price allotment; term 91 days, maturing Feb 4, 2027 (rolled to the next business day if a holiday).

NVIDIA shares rose Wednesday despite a Democratic election victory that could prompt stricter review of data‑center construction. Strong results from leading chipmakers have reduced immediate market concern that data‑center build delays will hit NVIDIA and other hardware vendors; customers continue to hoard AI hardware despite uncertainty over installation sites. Losses by Republican governors in Texas and Ohio increase the likelihood of tougher state‑level scrutiny of AI infrastructure. UBS Global Wealth Management CIO Mark Haefele said greater congressional oversight would not necessarily derail the AI investment cycle, noting any broad federal limits would face legislative and presidential constraints and that state and local rules more directly affect data‑center timing and siting. If Democratic policymakers enact severe curbs on AI data centers, NVIDIA would face larger headwinds; for now the market is focused on signs of resilient chip demand after recent weakness.