Cointime reports: Traders are pricing an 81.5% probability that the Federal Reserve raises rates by 25 basis points in December. The gauge puts the odds of holding rates steady at 18.5%. For January, it shows a 14.2% chance of no change, a 67.1% chance of a cumulative 25 basis points of hikes and an 18.7% chance of 50 basis points.
Cointime update: Meta Platforms issued €9 billion ($9.8 billion) of senior notes on Nov. 4, split into six tranches maturing between 2031 and 2065 with coupons of 4.30% to 6.40%. The bonds carry Moody’s Aa3 (stable) and S&P AA- (negative) ratings, with Citigroup and Morgan Stanley as lead underwriters.
Cointime reports: The US dollar index fell 0.3% on November 4, closing at 101.566 in late foreign-exchange trading. The move marked a softer session for the greenback, with the index ending the day lower.
Cointime update: Kremlin spokesman Dmitry Peskov said on November 4 that Russia hopes the U.S. midterm election results will not affect peace efforts, noting President Donald Trump is still exercising his powers. Peskov said preliminary work is underway and a new round of Russia-U.S.-Ukraine trilateral talks will follow, while adding there is currently no plan for a call between Vladimir Putin and Trump.
Cointime update: Hebei province issued a 30-year special local government bond for new-area development, raising 12.637 billion yuan at a coupon of 2.1700%, with a marginal bid-to-cover ratio of 1.05 times against an expected 2.16 times. The long-dated municipal bond sale provides project financing for the province’s new-area construction.
Cointime update: National People’s Congress Standing Committee Vice Chairman Ding Zhongli met with delegates of the 2026 China-France Mayors Roundtable in Beijing on November 5. Ding said local cooperation is an important part of China-France relations and called on both sides to implement the important consensus reached by the two heads of state, strengthen practical cooperation and cultural exchanges, and support the steady development of the comprehensive strategic partnership.
Cointime reports: Combined turnover across the Shanghai, Shenzhen and Beijing stock exchanges again exceeded 2 trillion yuan, rising 107.6 billion yuan from the same time a day earlier. It marks the second consecutive trading day with volume above the 2 trillion yuan level, as the three-market total crossed the threshold again.
Cointime reports: Yemen’s Houthi movement demanded $51 billion from Saudi Arabia as a condition for ending hostilities, after the group attacked Saudi oil tankers in the Red Sea and seized control of key areas of the strategic Bab al-Mandab strait. Saudi officials had approached the Houthis to explore the possibility of stopping hostilities through negotiations, the demand being the group’s stated price.
Cointime reports: Southbound trading recorded a net sell of HK$10 billion. The figure reflects net outflows through the Stock Connect link into Hong Kong equities. No further breakdown of individual stock or sector flows was provided.
Cointime reports: Japan’s Nikkei 225 closed down 1.8% at 61,077.90, while the broader Topix index rose 1.2% to 3,940.39. South Korea’s Kospi fell 5.28% to close at 5,383.65, marking a sharp divergence between the two Asian markets.
Cointime reports: The World Openness Report 2026, a flagship publication of the Hongqiao International Economic Forum now in its sixth year, was released on the afternoon of the 5th. It shows the global openness index in 2025 recorded its largest decline in nearly a decade, while the openness index of emerging and developing economies rose year on year. China’s openness level remained at the forefront of developing countries.
Cointime update: Sony Group reported second-quarter net profit of 449.6 billion yen, surpassing the 360.1 billion yen estimate. The result, released as part of the company’s quarterly earnings, exceeded analyst expectations by a wide margin. No further details on revenue, operating profit or segment performance were provided in the disclosure.
Cointime reports: Nintendo reported second-quarter net profit of ¥73.49 billion, down 29% year on year and below the ¥82.21 billion market estimate. Operating profit fell 16% to ¥73.90 billion against a ¥88.1 billion forecast, while net sales dropped 15% to ¥448.23 billion versus ¥477.12 billion expected. For the full year, the company now projects operating profit of ¥370.0 billion and net profit of ¥310.0 billion, both well under consensus.
Cointime update: Large crowds across multiple Iranian cities held nationwide anti-US rallies on the 4th, marking the 1979 storming of the US embassy in Tehran. The demonstrations come as Washington escalates threats, vowing to restart military strikes against Iran. The gatherings were held in several locations nationwide, with participants condemning the United States and Israel.
Cointime update: US President Trump said on the 4th that if Democrats move to impeach him after taking control of Congress next year, it would “destroy” the Democratic Party. He also said he will not fire Pete Hegseth. The remarks tie a threatened impeachment effort to the coming congressional session.
Cointime reports: The ChinaAMC STAR Semiconductor ETF (588170) set a record for its highest-ever daily turnover on Wednesday, with trading volume exceeding 13.7 billion yuan as of publication, up 47% from the previous full-day level. The ETF was up 4.17% at the time. Its top three holdings were Hwatsing Technology at 11.10%, Skyverse at 10.76%, and AMEC at 10.19%.
Cointime update: Ukrainian President Volodymyr Zelensky said on Nov 4 that he held a roughly 90-minute call with US special envoy Steve Witkoff and Jared Kushner about trilateral Ukraine-US-Russia talks scheduled for Nov 10-11 in Abu Dhabi. Zelensky said Kyiv has submitted proposals to the US side and wants to accelerate negotiations to end the conflict, and called for more US air-defense interceptors. Russia’s delegation will be led by presidential aide Vladimir Medinsky.
Cointime update: China’s National Energy Administration on Wednesday published a list of 93 projects proposed for its “AI Plus” energy pilot program, including an intelligent decision-making system for substation main equipment maintenance. The list follows expert review and re-verification under the NEA’s call for high-value AI energy scenarios and pilot applications. The public comment period runs from November 5 to 11, 2026.
Cointime reports: Goldman Sachs and Apollo Global Management have begun approaching Wall Street investors to sell portions of an approximately $40 billion chip financing deal for SpaceX, with some investors invited to subscribe up to $500 million ahead of a formal syndication process. SpaceX said the structure keeps the debt off its balance sheet and is the largest GPU financing arrangement of its kind on record. The move comes as Democrats’ sweeping midterm election victory unsettles the AI boom.
Cointime update: Elon Musk quietly deleted a post on X urging voters to “vote red today” after US midterm election predictions showed Democrats winning control of both the Senate and House. Musk had spent hundreds of millions of dollars backing Republican candidates. The post was gone from his account by November 4.