Newsquawk 米国市場寄り付きニュース - 2026年11月9日

US President Trump said it is highly unlikely the US will need to resume military action against Iran if negotiations progress, while Secretary of State Rubio said talks have been unproductive. European bourses broadly gain; NVDA shares slip 4.5% after the company launches an investigation into CEO Huang following an affair with an alleged Chinese spy. DXY is softer and holds around 101.85; NZD outperforms after the region’s national election result. Fixed relatively contained awaiting updates on the AI, geopolitical and policy fronts. Crude benchmarks dip as US President Trump played down renewed Iran strikes, and as negotiations continue. Looking ahead, highlights include US NY Fed SCE (Oct), Atlanta Fed GDPNow (Q4), Australian Westpac Consumer Confidence (Nov), BoJ SOO (Oct). Speakers include Fed's Goolsbee, Barkin and BoE Governor Bailey. Supply from the US. Earnings from Take-Two Interactive. SNAPSHOT STOCKS Euro Stoxx 50 +0.9% DAX40 +0.9% Stoxx 600 +0.6% FTSE 100 +0.6% ES Dec'26 +0.5% RTY Dec'26 +1.1% NQ Dec'26 +0.4% YM Dec'26 +0.8% FX DXY -0.4% (101.83) EUR/USD +0.5% (1.1192) USD/JPY -0.3% (158.02) GBP/USD +0.6% (1.3421) BONDS US T-Note Dec'26 -1 ticks Bund Dec'26 -12 ticks US 10yr Yield 4.86% German 10yr Yield 3.26% ENERGY & METALS WTI Dec'26 -1% Brent Jan'27 -1.3% Spot Gold +0.7% LME Copper +0.6% CRYPTO Bitcoin -2% Ethereum -5% As of 10:55GMT / 05:55EST LOOKING AHEAD Looking ahead, highlights include US NY Fed SCE (Oct), Atlanta Fed GDPNow (Q4), Australian Westpac Consumer Confidence (Nov), BoJ SOO (Oct). Speakers include Fed's Goolsbee, Barkin and BoE Governor Bailey. Supply from the US. Earnings from Take-Two Interactive. Click for the Newsquawk Week Ahead. US-IRAN US-IRAN US President Trump told CNN that it is highly unlikely the US will need to resume military action against Iran, provided progress is made in negotiations over Tehran's nuclear programme and reopening the Strait of Hormuz. He added that further military action would depend on whether Iran agrees to a sufficiently strong deal, while reiterating that the US remains prepared to strike if necessary. US President Trump said the US has won the wars in Iran and Venezuela and that the US did not strike Pickaxe Mountain in Iran because no activity was detected there. US President Trump posted that "Task Force Iron Gate is in full force and effect in the Islamic Republic of Iran. Coupled with history’s greatest Naval Blockade, very little gets into, or out of, Iran!" US President Trump said "Israel and, in fact, the entire Middle East, WOULD NOT EXIST TODAY if I did not stop Iran from having a Nuclear Weapon. Nobody wants to say that, but everybody knows it's true!" US President Trump said the US is talking to Iran and that it is doing well with Iran. US Secretary of State Rubio said talks with Iran have been unproductive as Tehran's demands are unacceptable, although the US will continue exploring diplomatic options where possible. He noted a diplomatic solution may not be achievable and warned the US will respond if its forces in the region are threatened. He reiterated that both US political parties agree Iran acquiring nuclear weapons would be unacceptable and pose a serious threat to US security. US President Trump is to meet with the Qatari PM on Monday at 12:00EST/17:00GMT, with talks focused on efforts to reach a new ceasefire and resume nuclear negotiations with Iran, Axios reported. Axios added that US VP Vance is to meet with the Qatari PM separately before the meeting with US President Trump. More updates can be found in the geopolitical section below. EUROPEAN TRADE EQUITIES European bourses (STOXX 600 +0.6%) started the session flat/modestly lower, but have gradually moved higher throughout the morning. As such, major indices are broadly in the green, posting gains between 0.2-1.9%. Upside which follows on from a relatively decent session in Asia, which saw the Nikkei 225 close higher by c. 2.3%. However, the tech-heavy KOSPI (-0.8%) fell overnight, with overarching fears surrounding the AI/memory space remaining front of mind. SK Hynix (U/C) and Samsung (+0.5%) both traded tentatively overnight. Further adding to the negative sentiment, Nvidia CEO Huang admitted to having an affair with an alleged Chinese spy. The Nvidia board has launched an independent investigation on the matter, with some investors worried about a potential ousting of the CEO. As such, Nvidia shares are falling in pre-market trade, currently lower by around 4.5%. Back in Europe, sectors are mixed. Basic Resources is the clear outperformer, benefiting from the stronger-than-expected Chinese PPI metrics and as recent PBoC data showed continued gold buying for a 24th consecutive month. Elsewhere, Banks hold towards the top of the pile. Banco BPM (+10%) gains after Credit Agricole (-0.8%) pitches a merger of its Italian business with Banco BPM. Sticking in Italy, UniCredit (+5%) gains after Q3 profit rose more than expected, and after raising guidance. To complete the top three is Healthcare, with Argenx (+4.3%) higher after it said its Phase 3 ALKIVIA trial of VYVGART Hytrulo met primary and key secondary endpoints. On the downside, Consumer Products underperforms; Telecoms and Food Beverage & Tobacco complete the bottom three. FX DXY is slightly softer within a narrow 101.81-102.28 range, consolidating after Friday's upside on the strong US jobs report; market pricing sees a 79% chance of a Fed hike in December. The index currently holds within Friday's 101.49-102.36 range, above its 50DMA (101.12). The US docket is relatively busy this afternoon, with Fed's Goolsbee and Barkin, the NY Fed SCE and the Atlanta Fed GDPNow, alongside a 3-year note auction. EUR/USD is firmer at the top end of a 1.1134-1.1196 range. Outgoing ECB President Lagarde told Japanese press that inflation numbers will remain high in the quarters to come, while reiterating that the ECB does not see signs of second-round effects beyond what is incorporated in its projections. A light EZ docket, with German Trade Balance doing little to shift the currency this morning. GBP/USD is firmer at the top of a 1.3340-1.3420 range, having bounced from 1.3340, and now sits above its 21 and 50DMAs (1.3348 and 1.3357), testing its 100DMA at 1.3392. EUR/GBP trades within a 0.8337-0.8349 range. Focus this week is on Thursday's UK GDP, while BoE Governor Bailey speaks later today at 17:25GMT. USD/JPY is softer within a 157.87-158.53 range, holding beneath its 200DMA at 158.66. Japan's MoF confirmed three yen-buying interventions over the summer totalling JPY 15.4tln. Antipodeans are firmer, supported by the upbeat risk tone in Asia and strength in precious metals. NZD/USD outperforms peers and trades within a 0.5554-0.5603 range, above Friday's 0.5599 high, helped by the weekend's elections, where PM Luxon's National Party-led coalition is narrowly ahead with 67 of 130 parliamentary seats after 97% of votes counted. AUD/USD is firmer within a 0.6854-0.6905 range, though beneath its 21DMA at 0.6983. USD/CNH trades flat within a 6.6660-6.6744 range, with little reaction to China's October inflation metrics, in which CPI was softer at 0.7% Y/Y (exp. 0.8%), while PPI accelerated to 5.7% (exp. 5.3%). FIXED INCOME A modestly bullish start to the session, amid energy downside and some early equity pressure in Nvidia indications hitting the broader tech space, with NQ -0.9% at most. However, this has since moderated to a mixed/bearish performance, with fixed faltering somewhat as energy comes off lows and the NQ returns to unchanged. USTs in relatively modest 106-30 to 107-07+ confines, but now essentially flat within that. The day ahead for the US features supply and a handful of data points, but it will primarily be focused on tech and geopolitics. See equities and commodities respectively for more. For Bunds the narrative has been much the same, lower by about 15 ticks as things stand, holding around the 123.00 handle in 122.91 to 123.29 confines. Focus for the bloc is on a meeting of EU officials regarding the next ECB President; though, an announcement is not expected until the Council gathering at the end of the month. de Cos and Knot remain the two main contenders, the latter speaking to the FT overnight. Gilts in-fitting, marginally outperforming on account of the pressure seen in energy and potentially in anticipation of the Milburn NEET review being published next week, a review that may signal some welfare changes during the Burnham premiership. Firmer by a few ticks, but off best and failed to breach 87.00 earlier in the session. COMMODITIES Crude benchmarks are lower and extending to fresh session lows, with Brent now beneath Friday's trough. The initial weakness at the open was driven by US President Trump's comments that further military action against Iran is highly unlikely if negotiations progress, while Secretary of State Rubio's downbeat remarks and reports of continued strikes in the Strait of Hormuz briefly limited the downside, before a fresh bout of weakness into the European open without a clear headline catalyst (see below for a recap of geopolitics). Focus later today is on Trump's meeting with the Qatari PM at 17:00GMT, centred on a new ceasefire and resuming nuclear negotiations with Iran. WTI Dec'26 trades within a USD 89.29-91.42/bbl range (vs Friday's USD 89.07-92.53/bbl range), while Brent Jan'27 moves within USD 96.11-98.43/bbl (vs Friday's USD 96.67-100.83/bbl range). Dutch TTF is firmer within a EUR 85.65-87.75/MWh range, potentially as Dana Gas confirmed production at Iraq's Khor Mor gas facility has been suspended after a drone attack, whilst traders keep an eye on weather heading into the winter. Spot gold is firmer but has pared gains back beneath USD 4,100/oz, within a USD 4,054.49-4,134.18/oz range (vs Friday's USD 4,027.04-4,107.00/oz range), with earlier support from data showing the PBoC added 830K ounces of gold to its reserves in October, extending its buying streak to 24 consecutive months. The yellow metal holds above its 21DMA at USD 4,069/oz. Spot silver is firmer within a USD 51.41-53.46/oz range (vs Friday's USD 51.20-52.37/oz range), also off best levels. 3M LME copper is firmer within a USD 13,801.85-13,923.18/t range (vs Friday's USD 13,637.38-13,832.83/t range), though it has faded to the bottom of the range after benefiting from the constructive risk tone in Asia, whilst Chinese PPI printed hotter than expected. In geopolitics, US President Trump told CNN it is highly unlikely the US will need to resume military action against Iran, provided progress is made in negotiations over Tehran's nuclear programme and reopening the Strait of Hormuz, while Secretary of State Rubio said talks with Iran are not productive as Iranian demands are unacceptable. This morning, the IRGC spokesman said the Strait of Hormuz is completely closed, and Iran's Army spokesman said its military doctrine is moving towards aggression. More recently, Iranian Foreign Ministry spokesperson Baghaei said Iran's two-day proposal is the most reasonable proposal on the table and that Iran will not compromise on its national interests, adding that the US must end its naval blockade and the war for diplomacy to proceed. Elsewhere, an oil refinery in Russia's Leningrad region was set on fire following a drone attack, according to the regional governor. The Japanese government is to reduce the burden of LPG and kerosene use, Kyodo reported. Dana Gas confirmed that the Khor Mor facility in Iraq's Kurdistan region was targeted in a drone attack and the production has been suspended while the damage is being assessed. South Korea's Finance Minister said the USD 10bln remittance for a US nuclear project will only proceed after a full business feasibility review is completed. The project remains at a preliminary stage and will be carefully assessed. TRADE/TARIFFS China is to extend the suspension of export controls targeting US firms for two months, reports suggest. The US warned China that it must immediately fulfil the terms of the trade truce struck by US President Trump and Chinese President Xi in Busan in October 2025, according to the FT. US officials said China is fulfilling only two-thirds of its rare earth commitments and has failed to increase supply. China's MoF suspended the 24% additional tariff on US imports for two months, keeping the 10% tariff rate in place, effective November 10. Additionally, China's transport ministry said it is to continue suspending special port fees on US ships until January 10, 2027. China's MOFCOM firmly opposed the sanctioning of two Chinese companies and urged the US to promptly correct its mistaken practices and said it reserves the right to take necessary measures and safeguard its legitimate rights and interests. Canadian PM Carney said Canada will continue to work with the Americans to get a trade deal that works for Canada. US Treasury Department added eight Canadian firms to its sanctions list for conducting business with Iran. NOTABLE EUROPEAN HEADLINES ECB President Lagarde told Yomiuri Shimbun that headline inflation in October was higher than the ECB expected a few months ago but in line with market expectations and that inflation numbers will remain high in the quarters to come. She reiterated that they currently do not see signs of second-round effects beyond what is incorporated in their projections. She highlighted that it is not appropriate to pre-empt inflation forecasts but noted that the energy futures curve has risen since their September projections. She reiterated data-dependence and a meeting-by-meeting basis. On the use of TPI, if necessary, she said they have multiple tools and a big toolbox. ECB Presidential candidate de Cos told Tages-Anzeiger that second-round effects haven't appeared so far but vigilance is needed regarding inflation risks. ECB Presidential candidate Knot said he is open to developing new tools to combat a potential European debt crisis if appointed ECB President, according to the FT. The EU and the UK are reportedly in the final stages of an agreement to link their emissions trading systems, with an announcement expected at a summit later this month, according to Bloomberg sources. The deal would allow cross-border trading of carbon permits, boost market liquidity and reduce carbon border taxes for companies, with negotiators having agreed on emissions caps, supply controls and free permits. UK Government's Milburn NEET review is to be published next week, Politico reported citing sources. US Secretary of State Rubio to meet with French President Macron at 17:45GMT/12:45EST. Morningstar DBRS confirms Germany at AAA; trend stable. S&P revises Poland’s outlook to negative; affirms ‘A-/A-2’ foreign currency ratings; lowers local currency ratings to ‘A-/A-2’. NOTABLE EUROPEAN DATA RECAP German Trade Balance (Sep) 15.6B vs. Exp. 19.2B (Prev. 19.5B); German Exports (Sep MM) 2.0% vs. Exp. 0.5% (Prev. -0.8%); German Imports (Sep MM) 4.2% vs. Exp. 0.5% (Prev. 0.9%). CENTRAL BANKS ECB Presidential Contender Knot said he is open to developing new tools to combat a potential European debt crisis if appointed ECB President, according to the FT. RBA's Hunter said AI has yet to deliver a material productivity boost or trigger significant job losses, with limited evidence of large effects on aggregate employment in advanced economies. AI-related demand could put upward pressure on inflation in the near term given current supply constraints, although its longer-term inflation impact is likely broadly neutral as supply catches up. AI may be increasing financial stability risks, with disappointing investment returns potentially triggering sharp and disorderly asset price repricing. PBoC injected CNY 182bln via overnight reverse repos for a CNY 44bln net drain with the rate at 1.25%. PBoC set USD/CNY midpoint at 6.7188 vs exp. 6.6799 (prev. 6.7168). Swiss Weekly Total Sight Deposits (w/e Nov 6) 452.9bln (prev. 460.3bln); Domestic Sight Deposits 429.2bln (prev. 436.9bln). NOTABLE US HEADLINES US President Trump said he expects to meet with Chinese President Xi and Russian President Putin. US President Trump urged all senators to vote for The American Affordability and Jobs Act, saying this bill is a big win for US energy independence and dominance. Fed's Daly (2027 voter) said inflation remains too high and stubborn, requiring further monetary policy tightening, although the timing and extent of additional hikes will depend on incoming data. She backed September's rate hike and the subsequent hold, noting policy is only slightly restrictive to neutral and not yet sufficiently restrictive. She said a strong labour market gives the Fed room to tackle inflation, while wage growth remains subdued and real wages are falling. She noted AI-related market repricing has been orderly and could modestly weigh on growth, but she is not concerned about a substantial economic slowdown. NVIDIA's (NVDA) Board initiated an independent investigation following reports that CEO Jensen Huang has been targeted by a foreign intelligence operation. To add, in a memo to staff, the CEO apologised for his affair and said he is fully cooperating with the investigation. Microsoft (MSFT) is reportedly winding down its Oracle (ORCL) deal to rent AI cloud capacity, according to Bloomberg. Anthropic is reportedly proceeding with plans for an IPO before US Thanksgiving, targeting proceeds of USD 80-100bln at a valuation of USD 1.25-1.75tln, below the USD 2tln sought by its most bullish investors, according to the FT citing investors. Anthropic reportedly agreed to purchase commitments for 1.7GW of gas-fired generators from OnePWR Solutions for USD 3.4bln in September to support data centre power requirements, according to the FT. OpenAI reportedly secured c. USD 11bln in initial funding as part of a financing round valuing the company at USD 1.25tln, Bloomberg reported citing sources. US House Democratic Leader Jeffries said War Secretary Hegseth has abused his power and undermined national security over the Iran war, which he claims has driven up prices and made the US less safe. He added House Democrats will discuss a potential resolution on Tuesday. US President Trump said he has not spoken to Nvidia (NVDA) CEO Huang about the recent allegations. GEOPOLITICS RUSSIA-UKRAINE Oil refinery in Russia's Leningrad region set on fire following a drone attack, according to the regional governor. Russian Defense Ministry said a vessel carrying cargo for the Ukrainian armed forces was damaged in the Black Sea and a power substation near Cherkasy was damaged, IFX reported. A Russian official said drones hit an industrial area in Kirishi in Russia's Leningrad region. US President Trump tells CBS' 60 Minutes that he expects a different shape of Ukraine when the war ends. Political Changes. He will be making a few changes to the cabinet. US-IRAN (Continued): Key geopolitical updates have been listed at the top of the sheet. US CENTCOM said its commander directed the establishment of a task force on November 7 to support US government efforts to prevent Iran from transporting advanced weapons and other materials via ground routes. US CENTCOM said its forces disabled a St. Kitts-flagged commercial vessel in the Gulf of Oman on November 7 after the civilian crew ignored repeated warnings and made multiple attempts to breach the US naval blockade against Iran. Iran's Foreign Minister Araghchi said the outcome of the US elections requires time to assess before determining next steps, with intermediaries having had no contact in recent days due to the result. He added that conditions will need time to improve before mediation efforts resume, according to IRNA. In other comments, Araghchi said US voters have made their choice and that it is up to the White House to decide, while adding that Iran's "48-hour proposal" remains on the table. Initial reports indicated that two missiles struck Qeshm Island in the Strait of Hormuz on Saturday, with no official information on potential damage, according to Tasnim News Agency. However, Iranian media suggested that the explosions were related to Iranian military activities, rather than US strikes. Separately, IRNA reported explosions in Iran's Qeshm Island and Bandar Abbas, with some sources attributing the sounds to warning shots at violating ships in Hormuz. Furthermore, launches targeting vessels in the Strait of Hormuz were reportedly heard from Sirik. Iran's Navy said a tanker transiting a closed zone east of the Strait of Hormuz struck a mine and caught fire after switching off its navigation system, and added that the Strait will remain closed to non-compliant vessels until all threats are removed. An Iraqi delegation reportedly visited Tehran and met Iranian officials to deliver a message from the US, according to Al Hadath citing sources. Iranian Foreign Ministry spokesperson Baghaei said Iran's two-day proposal is the most reasonable proposal on the table; said Iran will not be compromising on its national interests. Iran's Army Spokesman Akraminia said "Iran's military doctrine is moving towards aggression upon the order of the Commander-in-Chief". China's Middle East envoy meets Iran's Deputy National Security Council Secretary during a visit to Tehran, Al Hadath reported. An Israeli official said an additional attack on Iran will reduce its capabilities, Al Arabiya reported. Clashes reported between government forces and the Yemeni Houthis in Taiz, Al Araby reported. Recent Russian contacts with Iran came at the request of the US, which asked Moscow to mediate and persuade Tehran to hold direct talks with the US, reported Al Araby Al Jadeed. Iran's military doctrine is moving towards aggression, under the orders of the Commander-in-Chief, reported SNN. Iranian President Pezeshkian said they can negotiate and resolve issues with dignity. IRGC Spokesman Mohebbi said the Strait of Hormuz is completely closed, Defa press reported. IRGC Navy official said no vessels transited through the unauthorised route due to the destruction of navigational aid systems in Southern Hormuz, IRIB reported. IRGC spokesman Brigadier General Hossein Mohebbi said the Strait of Hormuz is fully under Iranian Naval control and warns that non-compliant vessels risk hitting mines until Tehran's conditions are met, Press TV reported. IRGC said it intercepted and destroyed a 16th US MQ-1 drone over Qeshm Island. A Hormozgan provincial official said US forces struck targets on Qeshm Island, although the attacks caused no damage to residential or commercial areas or vital infrastructure, according to IRNA. Iranian Foreign Ministry spokesperson Baghaei said the IAEA visited Bushehr in recent days. OTHERS Iraqi Hezbollah Brigades are involved in the oil pipeline attacks in Jurf al-Sakhr, Sky News Arabia reported citing sources. A Saudi Aramco administrative building in Riyadh reportedly sustained limited damage from falling shrapnel amid a fresh wave of Houthi attacks on Saudi Arabia, with no casualties reported, according to the Saudi Energy Ministry and Saudi Press Agency. The Saudi-led coalition said it intercepted and destroyed two ballistic missiles fired by Yemen's Iran-aligned Houthis towards Riyadh on Sunday, following reports of loud explosions in the Saudi capital. Houthi-run Yemeni Transport Ministry said international shipping in the Bab al-Mandab Strait is safe for all commercial vessels except ships belonging to "the Saudi enemy". Israel's political leadership has not directed the IDF to attack Iran, according to Kan News citing sources. Such a directive could come, and is considered one of the possible alternatives; some even believe it to be the most likely. US aid to Israel reportedly remains under discussion despite President Trump's announcement that assistance would end by year-end, according to i24NEWS citing a source. Israel is seeking to negotiate a gradual phase-out of aid, with discreet talks underway to reach a mutually acceptable arrangement. Israeli President Herzog authorised Gadi Eisenkot to form a new government following the October 27 election. US President Trump reportedly told Israeli PM Netanyahu during a phone call on Thursday that he wants Israel to take steps to implement his Gaza peace plan, according to Axios citing two sources. Israel's Defence Minister Katz said Iran is attempting to revive efforts to acquire nuclear weapons and is undertaking other activities that pose a serious threat to Israel's security, adding that Israel cannot accept such threats. Iraq's Khor Mor gas field in the Kurdistan region was reportedly struck by a drone attack, with smoke observed near the facility, according to sources. Following this, reports highlighted that production has been halted at the field. This was later confirmed by Dana Gas. CRYPTO Bitcoin is a touch lower this morning, holding around the USD 74k mark. Ethereum underperforms, but holds on to USD 2.1k. APAC TRADE Asia-Pac stocks started the week on a broadly positive footing, as tech names followed the price action seen in their US peers on Friday. Despite the bounce, analysts see this as short-lived, as flows suggested that investors used Friday’s bounce to cut risk on both sides. Leading gains across Asia was Taiwan, after the FSC announced short-selling restrictions while the Finance Ministry said it is prepared to deploy its TWD 500bln stock market stabilisation fund. ASX 200 was the slight laggard, spending the majority of the session in the red before managing to eke out mild gains. Another big bank reported earnings, with ANZ’s FY cash profit slightly beating estimates; however, shares are lower. Nikkei 225 followed Taiwan's TAIEX higher, printed gains of over 3% and regained the 59k handle. KOSPI was initially lower by as much as 1%, but managed to scale back most of that downside. Shanghai Comp. and Hang Seng opened higher, in line with the broader market sentiment. Inflation metrics were mixed for October, with headline CPI Y/Y printing at 0.7% (exp. 0.8%) while the PPI metric accelerated to 5.7% (exp. 5.3%). NOTABLE ASIA-PAC HEADLINES Chinese banks have reportedly sharply increased USD deposit rates in recent weeks, with some rates exceeding 4%, while exporters are hoarding dollar cash, according to sources. China's CPCA reported October passenger vehicle sales of 1.65mln units, down 27.3% Y/Y. Tesla (TSLA) exports 59,012 units. BYD (1211 HK) exports 165.2k units. The Japanese government reportedly begins discussions on a subsidy programme to partially cover cybersecurity costs for regional banks, with a budget expected to total several billion yen, Kyodo reported. Market stabilisation measures are evolving into a long-term component of the country's financial governance framework, moving beyond temporary responses to short-term market volatility, according to China Securities Times. NOTABLE APAC DATA RECAP Chinese CPI (Oct MM) 0.0% vs. Exp. 0% (Prev. 0.2%). Chinese CPI (Oct YY) 0.7% vs. Exp. 0.8% (Prev. 0.9%); Core 0.8% vs Exp. 0.9%. Food inflation -2.9% Y/Y. Non-food inflation 1.5% Y/Y. Chinese PPI (Oct YY) 5.7% vs. Exp. 5.3% (Prev. 5.0%). Japanese Coincident Index Prel (Sep) 119.5 (Prev. 118.8); Japanese Leading Economic Index Prel (Sep) 116.4 vs. Exp. 116.7 (Prev. 118.0); Japanese Foreign Exchange Reserves (Oct) 1179.1B (Prev. 1178.4B). Chinese Foreign Exchange Reserves (Oct) 3.405T (Prev. 3.400T). Australian Private House Approvals Final (Sep MM) -5.3% vs. Exp. -5.3% (Prev. 5.4%); Australian Building Permits Final (Sep YY) -0.8% vs. Exp. -0.8% (Prev. 12.1%); Australian Building Permits Final (Sep MM) 5.1% vs. Exp. 5.1% (Prev. -5.2%).