EUR/USD
1.15356
0.091%
Gold
3995.74
-0.129%
Oil
61.116
0.743%
USD/JPY
154.124
0.014%
GBP/USD
1.31382
0.017%
GBP/JPY
202.495
0.031%
Real-time News
U.S. stock index futures opened higher on Monday, with Dow Jones futures up 0.11%, S&P 500 futures up 0.15%, and Nasdaq futures up 0.15%.On November 3, the Russian Ministry of Defense issued a battle report on November 2, stating that Russian forces continued their attacks on besieged Ukrainian troops in the city of Khalkha (Pokrovsk in Ukrainian) in the Donetsk region. The Ukrainian side reported that day that it had repelled a Russian offensive in the Pokrovsk direction. The Russian Ministry of Defense stated that Russian forces continued to attack besieged Ukrainian troops in the Khalkha railway station area and surrounding industrial zones. Russian forces continued to tighten the encirclement of Ukrainian troops eastward, attacking Ukrainian forces east of Khalkha and repelling nine Ukrainian breakout attempts in the north and northwest of Khalkha. Additionally, Russian forces expanded their control in Dimitrov, adjacent to Khalkha. The General Staff of the Ukrainian Armed Forces reported on the same day that since early that morning, Russian forces had launched offensives against Ukrainian troops from multiple areas in the Pokrovsk direction. Ukrainian defense forces had repelled 36 Russian attacks. Another Ukrainian military officer on the front lines revealed in an interview with Ukrainian media that urban warfare in Pokrovsk is still ongoing, and Russian forces are attempting to infiltrate small assault teams into buildings in the city to suppress Ukrainian forces with firepower.November 3 - U.S. auto safety regulators are investigating potential defects in some Tesla (TSLA.O) door handles. The National Highway Traffic Safety Administration (NHTSA) launched its investigation just days after which consumer complaints surged, primarily reflecting battery malfunctions rendering the exterior door handles unusable. Owners of Teslas best-selling Model Y have reported door handle failures due to low battery voltage, with some cases resulting in children being locked inside the vehicle.November 3rd - Its worth noting that this policy announcement coincides with intensified competition between bulls and bears in the gold market. "Rising tax costs may further exacerbate short-term selling pressure from speculative funds," a precious metals trader noted. Some investors who had previously stockpiled gold in anticipation of price increases may choose to cash out early, while new entrants may reduce leverage due to tax concerns, potentially leading to a tightening of market liquidity in the short term. "Assuming you buy 1 million yuan worth of gold bars and sell them after holding them for a period, if the gold price increase is less than 13%, youll actually lose money after deducting taxes," the trader cautioned. Short-term speculators should be cautious, and long-term holding or using tools like gold ETFs can help avoid some tax burdens. For gold jewelry consumers, daily purchases will be almost unaffected, but the premium on "pseudo-investment gold" may narrow. Furthermore, the policy is not restricting gold investment, but rather regulating its path. In the long run, it will help deflate the market bubble. Funds will be more inclined to allocate to highly liquid standard gold or gold ETFs, rather than high-premium non-investment products.On November 3, the OPEC Secretariat announced that it had received updated compensation plans from Russia, Iraq, the UAE, Kazakhstan, and Oman to make up for overproduction, with a timeline covering the period from last month to June 2026.
