Cointime update: China’s Commerce Ministry said it remains open to expanding purchases of US agricultural products, but only if a reciprocal “$30 billion for $30 billion” tariff reduction arrangement is implemented. Spokesperson Huang Ling told a regular press briefing on the 5th that agricultural trade is an important part of bilateral economic cooperation and that lowering tariffs and non-tariff barriers would benefit both sides.
Cointime update: European Central Bank President Christine Lagarde said this year’s hot summer should serve as an alarm for Europe, calling on the continent to address the financial consequences of global warming and make its energy system more flexible. Lagarde’s remarks highlight the ECB’s concern that climate-driven risks could affect the financial system and energy stability.
Cointime reports: Long-dated US Treasury yields fell to eight-week lows on Thursday as investors bet that a Democratic sweep in the US midterm elections could tighten fiscal constraints and benefit the bond market. The 10-year and 30-year yields touched 4.837% and 5.229% intraday, respectively, before paring slightly. MissionSquare CIO Shari Hensrud said a divided Congress could help bonds but would not solve the fiscal deficit problem.
Cointime reports: Foreign investors net sold 15,427.3 billion won of SK Hynix and 11,687.2 billion won of Samsung Electronics on November 5, offloading 1.204 million and 5.718 million shares respectively, Korea Exchange data show. Combined net selling in the two chipmakers exceeded 2.7 trillion won for the day, reflecting risk-off sentiment toward semiconductors amid AI regulation concerns. Naver drew the largest net buying at 710.7 billion won, followed by Daeduck Electronics at 465.5 billion won.
Cointime update: China’s Foreign Ministry declined to confirm reports that the National Development and Reform Commission will block SoftBank Group’s acquisition of ABB’s robotics business. Spokesperson Guo Jiakun, asked at a regular press briefing about the reported rejection, said the question should be directed to the competent Chinese authorities. SoftBank was reportedly recently informed that the NDRC would obstruct the Swiss-Swedish joint venture’s robotics unit sale.
Cointime reports: Bitcoin dropped 5.0% during the trading day to trade at $76,245. The move marks a sharp intraday decline for the largest cryptocurrency by market capitalization. No further details on the cause of the drop were provided.
Cointime reports: The CBOE Volatility Index (VIX) rose as much as 50.0% intraday to 24.86, while the S&P 500 dropped more than 2.5%. The sharp move in the equity market’s fear gauge accompanied a broad selloff in US stocks.
Cointime update: South Korean crypto exchange Bithumb will list the MAGMA token on its Korean won market, the exchange said in an official announcement. The exact timing for the start of trading will be confirmed in a separate announcement. Bithumb did not disclose further details on the listing.
Cointime reports: US natural gas inventories increased by 77 billion cubic feet in the week reported by the Energy Information Administration, below analysts’ expectations of a 79.44 bcf build. The gain represents a 2.07% week-over-week rise, down from 2.16% the prior week, bringing total storage to 3.8 trillion cubic feet.
Cointime reports: Aptus Capital Advisors portfolio manager John Luke Tyner said in a note that markets should watch whether AI capital expenditure and data-center construction are affected after Democratic gains in state governor races, or merely shift to more policy-friendly states. He expects the investment to slow but by less than the market fears. Tyner said if inflation pressure stems mainly from energy prices and AI spending, September’s 25-basis-point hike was likely the last of the cycle.
Cointime reports: ASML Holdings dropped 7.9% in trading. No further details on the move were provided in the available material.
Cointime reports: Meta shares dropped 5.7% on Wednesday, hitting their lowest intraday level in about two months. The company also rolled out a new feature on WhatsApp and said it will hold several events over the coming weeks. No further details on the decline or the events were given.
Cointime reports: China’s domestic futures night session closed mixed, with propylene down 5.53%, LPG, plastics and polypropylene falling as much as 4.46%, fuel oil down 1.56% and PTA down 0.56%. Iron ore rose 0.44%, coking coal gained 1.68%, low-sulfur fuel oil added 1.72% and coke climbed 2.8%.
Cointime update: Binance will adjust the dividend on its SAMSUNGUSDT USD-margined perpetual contract at 14:00 Beijing time on Nov. 6, 2026, at 1,001 Korean won per share, equivalent to -0.037336%, the exchange said. The adjustment, expected to take about 30 minutes, applies only to users holding net positions on the ex-dividend date of 07:00 Beijing time on Sept. 29, 2026. Eligible users can view the amount under “Special Funding Fee” in their funding records.
Cointime reports: Nvidia dropped 7.3% intraday, its steepest decline since April 2025, as a broad selloff hit US equities. The VIX volatility index jumped 40.0% to 23.28, the S&P 500 widened losses to 2.4%, the Dow fell more than 700 points (over 1.3%), and the Nasdaq plunged over 1,000 points, or more than 3.9%. The Nasdaq 100 slid 1,300 points (over 4.5%) and the semiconductor index fell about 900 points, or 8.7%.
Cointime update: The U.S. Energy Information Administration (EIA) is scheduled to release its weekly natural gas storage report at 23:30 Beijing time. The report is a key indicator of U.S. natural gas supply levels and is closely watched by energy traders and markets.
Cointime update: Fitch Ratings has revised the rating outlook on 30 French government-related entities to negative. The move affects entities linked to the French state, though the material did not specify which ones or whether their ratings themselves were changed. The outlook revision signals heightened concern about the credit standing of state-linked borrowers in France.
Cointime update: HTX will run a ‘Top 10 Trading Opportunities’ learning and trading campaign from Nov. 5 to Nov. 19 (UTC+8), with a total prize pool of 10 billion $HTX. Users who register at no cost can join a BTC up-or-down prediction contest that rewards participation regardless of outcome, and a hot-coin trading competition with a $15,000-equivalent $HTX pool, where the champion takes $3,000. HTX’s daily research column has published 51 issues with a 59.6% directional hit rate.
Cointime reports: The US 10-year Treasury yield fell more than 3 basis points, approaching 4.85% and the intraday low of 4.8347% set at 11:46 Beijing time, after a sharp slide from the day’s high of 4.9168% at 22:29. A selloff in chip stocks drove investors toward safe havens, with spot gold dropping $8.5 an ounce to $4,112.2 in five minutes. The VIX rose 36.5% intraday to 22.63, while the S&P 500 fell more than 2.1%.
Cointime reports: Bloom Energy shares fell as much as 18% intraday, the steepest decline since June 26, as a post-midterm-election selloff in chip stocks deepened investor worries about the outlook for the AI data-center power market. The drop marks one of the fuel-cell maker’s sharpest single-session moves in recent months.