kallas said the EU should, under its treaties, assume a leading role on European security.

October is seasonally weak for lending; markets expect new RMB loans to show a smaller YoY increase. Social financing may post a YoY increase supported by government bond issuance, with MoM social financing growth potentially rebounding. China International Capital Co expects RMB loans to fall by about 100 billion yuan in October. Major state banks’ 3-month rediscount rate hovered near 0.5% all month and did not spike at month-end; 3-month interbank NCD issuance rates also eased, which may reflect persistently weak credit supply. Experience from last October’s policy-bank tool injections suggests policy bank instruments’ lift to corporate lending can be delayed.

加拿大財政部長：加拿大調整關稅減免措施，將對美關稅的橫向減免延長一年，至2028年6月30日。