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The People's Bank of China, the Financial Regulatory Administration, and the China Securities Regulatory Commission held a seminar to support two tools for the capital market.The meeting proposed that to maintain the stability of the capital market and enhance market resilience and confidence, the People's Bank of China, the Financial Regulatory Administration, and the China Securities Regulatory Commission will continue to strengthen policy support, further optimize policy elements and implementation details, and encourage financial institutions to effectively utilize policy tools.Timely conduct swap facilitation operations among securities, fund, and insurance companies, further increase the number of participating institutions, appropriately lower swap rates, and optimize pledge and operational models.The stock repurchase and increase in re-lending policy will shift from a phased arrangement to a long-term institutional arrangement, with the re-lending rate reduced from 1.25% to 1%; financial institutions will adhere to the principle of market-based pricing, reasonably add points based on the re-lending rate, and increase loan disbursement.

The People's Bank of China Open Market Operations Office announced that to support the healthy and stable development of the capital market, the People's Bank of China will conduct securities, fund, and insurance company swap convenience operations on November 3, with a swap term of 1 year, which may be extended as needed.Currently, 31 securities and fund companies have reported their demand, with requested amounts exceeding 100 billion yuan.

August Hyldgaard of Danske Bank stated that the recent general weakness of the euro may continue after Fitch Ratings adjusted France's credit rating outlook to negative. This adjustment was not part of the regular rating schedule, and French government bonds will face pressure this morning. Fitch pointed out that weak economic growth, rising borrowing costs, and an expanding fiscal deficit are the reasons for the adjustment.

According to the Digital Renminbi Operation Management Center, in order to meet the demand for transaction vouchers in scenarios such as visa applications and loan requests, operational institutions such as China Merchants Bank, Postal Savings Bank, and Agricultural Bank have launched a wallet transaction printing service within the Digital Renminbi App. Users can apply online for transaction vouchers in PDF format, or download transaction details in Excel format for reconciliation verification. More operational institutions will launch this service in the App in the future.Users can enter the transaction record page of the wallet to access transaction printing, select the time range and filter transaction types before submitting the application. The results can be viewed in the application records. After a successful application, users can preview online, save to local, share to WeChat, or fill in an email to receive the file. The maximum selectable time span for transaction printing is 2 years, and the end date can be chosen up to 2 days prior to the current date. Successfully applied documents are retained for 7 calendar days.In addition to the Digital Renminbi App, users can also apply for transaction printing through branch counters, mobile banking, self-service devices, and other channels. Anonymous wallets must first complete real-name authentication upgrades before this service can be used. For inquiries, please call the Digital Renminbi customer service hotline at 956196, or directly contact the relevant operational institutions.

According to a report by the Korean News Agency, the Bank of Korea (central bank) has begun monitoring the market, requesting banks and securities companies to provide updates on their virtual asset-related businesses and assessments of related risks. On the 23rd of last month, the Bank of Korea sent relevant requests to 18 banks (including the five major banks: KB, Shinhan, Hana, Woori, and NH Nonghyup) and 13 securities companies, asking them to participate in the "Survey on the Current Status of Financial Institutions Entering the Virtual Asset Market."The survey covers the organizational structure and budget of each institution regarding virtual assets, the current status of market access, assessments of business-related risks, and risk management measures. The survey also addresses the potential impact on financial institutions if a major event occurs at the largest virtual asset exchange in the domestic market (such as a large-scale hacking attack leading to temporary operational disruption). Additionally, the survey focuses on other risk scenarios, such as significant price declines of virtual assets like Bitcoin, continuous shrinkage of trading volume, or other financial institutions suffering substantial losses due to virtual asset-related events.

Hong Kong Interbank Clearing Limited disclosed the discovery of a fraudulent website that imitates its official website, luring users to recharge and withdraw through virtual wallets, and claiming to provide Fast Payment System (FPS) online transaction security support, including refunds, reporting unauthorized online transactions, and transaction support.Hong Kong Interbank Clearing Limited emphasizes that, under normal circumstances, it will not directly provide Fast Payment System services to individual members of the public, nor will it proactively contact individual members of the public. Do not provide personal or banking information to the related website.

Due to the recent frequent hacker attacks, the Financial Services Commission of South Korea will urgently hold a seminar on responding to AI security threats in the financial industry on November 5, chaired by Chairman Lee Ik-yeon. The meeting will be attended by Financial Supervisory Service Governor Lee Chan-jin, Financial Security Institute Director Park Sang-won, and the presidents of the five major banks: KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank, and NH Nonghyup Bank. The focus will be on examining the implementation of security enhancement measures following recent cyber attack incidents in the financial industry.It is reported that this meeting coincides with the expiration of the terms of the five major bank presidents on December 31, and each financial group has initiated the successor selection process. Cybersecurity and internal control capabilities may become important variables in the year-end personnel arrangements of the five major banks.

According to the 21st Century Business Herald, some securities companies and fund companies have been notified that tomorrow morning the central bank and the China Securities Regulatory Commission will hold a meeting to study the promotion of the use of capital market tools.

According to the International News Agency report, Russia has extended the diesel export ban until January next year.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the "Magic vs. Raptors" event, the "Yes" option for the sub-market "Desmond Bane: Points O/U 14.5" has experienced a dramatic fluctuation in winning probability, soaring from 41% an hour ago to the current 67% (a fluctuation of 26%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the Polymarket event "Hornets vs. Wizards," the sub-market "AJ Dybantsa: Points O/U 9.5" saw a sharp fluctuation in the "Yes" option's winning probability, dropping from 75% an hour ago to the current 54% (a fluctuation of 21%). Please note the impact of relevant breaking news.

Deutsche Bank stated that AI-driven market adjustments may change the traditional relationship between the dollar and U.S. stocks, with the dollar no longer necessarily being a safe-haven asset. Recently, technology stocks and the dollar have weakened in tandem, reflecting that the risks facing the dollar are more bidirectional than previously priced by the market.The scale of U.S. stocks held by overseas investors exceeds $20 trillion, with approximately 90% of asset growth coming from rising stock prices rather than new purchases.

Standard Chartered Bank has announced that it is providing digital asset custody services in Luxembourg and the Dubai International Financial Centre (DIFC).The bank's authorized partnership with LMAX covers its Luxembourg entity and Dubai branch. Additionally, an independent collateral link will allow clients to trade using tokens held in the bank's custody.

Bank of America has removed Apple (AAPL.O) from its preferred list of U.S. stocks.

Digital asset trading company QCP pointed out in its latest market report that the Federal Reserve, the European Central Bank, and the Bank of Japan all kept interest rates unchanged this week, but the market is still betting that the European Central Bank and the Bank of Japan may raise rates in December. The Federal Reserve maintained the federal funds rate at 3.75% to 4.00% with a vote of 10 to 2 during the October meeting. Federal Reserve Chairman Warsh did not commit to any rate adjustments for December and beyond.In addition, the Federal Reserve announced that there will be no rate votes at one meeting in 2027 and two meetings in 2028, which will only be used to discuss monetary policy strategy. QCP believes that the reduction in decision-making nodes may allow for the accumulation of more economic data between the two meetings, making the market more sensitive to data changes and increasing interest rate volatility and term premiums. The European Central Bank kept interest rates unchanged, citing that previous inflation data had not yet produced second-round effects, but the market still expects a possible rate hike in December. The Bank of Japan also kept interest rates unchanged and stated that inflation has reached the 2% target, with the market pricing in the possibility of a rate hike in December.In terms of technology stocks, shares of Alphabet, Amazon, Meta, and Intel fell after announcing quarterly results, as the market is concerned about current corporate earnings performance and future capital expenditure plans, particularly focusing on the pace and profitability of AI infrastructure investment. In the cryptocurrency market, Binance experienced a significant security incident on Friday morning, affecting approximately $6.3 billion in assets, which initially led to a decline in trading activity in the cryptocurrency market. QCP pointed out that the market gradually stabilized afterward, with participants seemingly viewing this incident as a company-level risk rather than a systemic event affecting the entire cryptocurrency market or infrastructure, with central bank policy uncertainty, concerns over technology companies' capital allocation, and the Binance security incident collectively driving the market to reprice.

According to Jinshi reports, the Bank of Japan has kept the policy interest rate unchanged at 1.25%, in line with market expectations.At the last meeting, the Bank of Japan raised interest rates by 25 basis points.

According to Bitcoin Magazine, on October 29, the Central Bank of Russia approved the National Association of Participants in the Securities Market (NAUFOR) to become the country's first self-regulatory organization for cryptocurrency exchanges and digital custodians. This move implements the "Digital Currency and Digital Rights Law," which was passed by the State Duma in July, into an operational system. The law requires exchange operators and digital custodians to enter the central bank's registry and must join a self-regulatory organization.The central bank's registry currently includes 23 cryptocurrency exchanges and 8 digital custodians, including VTB, Sberbank, and T-Bank's parent company T-Technologies. Companies listed in the registry must complete their membership within 90 days. The self-regulatory organization is responsible for setting industry standards, supervising members, and communicating with regulators on behalf of the industry.NAUFOR stated that it will participate in the formulation of standards for the digital asset market and promote adjustments to the rules by the central bank. The association earlier this month obtained similar qualifications in the field of information system operators and currently has 725 members.The law prohibits the use of Bitcoin for everyday payments, and domestic cryptocurrency payments remain banned. It also issues licenses to exchanges and custodians, limits retail investors' purchase amounts, and establishes state-regulated cross-border trading channels. Non-qualified retail investors can purchase up to 300,000 rubles, approximately $3,800, per year through a single intermediary. Additionally, the Moscow Exchange has tested cryptocurrency trading with professional market participants and plans to launch in December; Sberbank has also been approved to custody Bitcoin and other cryptocurrency assets.

The Bank of England has launched a consultation on how central counterparties (CCPs) can accept digital forms of eligible collateral, stating that current rules allow for such arrangements provided that the relevant assets meet clearing standards. The draft regulatory statement released by the bank will clarify the matters that CCPs must specify when submitting applications under the existing approval process, covering collateral that has been accepted as well as types that meet the criteria under the proposed UK CCP rulebook but have not yet been used in practice. The Bank of England emphasized that this statement will not create new regulatory obligations.The Bank of England pointed out that tokenized collateral must always be capable of being valued, transferred, and liquidated, including under stress scenarios; the improvement in cross-border transfer speed helps institutions meet margin calls in a timely manner. Sarah Breeden, the Deputy Governor responsible for financial stability, stated that this consultation reflects the bank's goal of promoting innovation in financial market infrastructure while maintaining financial stability, and is part of a broader agenda by regulators and the industry to promote the responsible application of tokenization in financial markets.The consultation document will close for feedback on February 12, 2027, and the Bank of England plans to subsequently publish a policy response and related rules.

European Central Bank President Christine Lagarde stated that the Governing Council debated whether it was appropriate to raise interest rates. The outcome of this meeting is to keep the interest rates unchanged.