
Global news you need to know before Monday's U.S. stock market opens
The Political Bureau of the Central Committee of the Communist Party of China held a meeting to discuss the documents proposed for review at the Fourth Plenary Session of the 20th Central Committee. The National Development and Reform Commission: The scale of new policy-based financial instruments totals 500 billion yuan, supporting private enterprises and others to deeply participate in the "Artificial Intelligence +" initiative. A spokesperson for the Ministry of Commerce responded to reporters regarding the inclusion of several of our entities in the export control "end-user list." A major announcement before National Day! DeepSeek-V3.2-Exp has been released and open-sourced, with API costs expected to decrease by more than 50%. Federal Reserve's Hammack: Inflation is too high, and restrictive policies need to be maintained. The Chairman of the U.S. SEC calls for regulatory relaxation: will evaluate replacing quarterly reports with semi-annual reports. Federal Reserve Governor Waller: Stablecoins can increase payment options under regulatory protection. The U.S. and Switzerland reiterated that they will not target specific exchange rates for competitive purposes. The value of U.S. gold reserves has reached the trillion-dollar mark, exceeding 90 times the official book value. Is an interest rate hike in October a certainty? A dovish member of the Bank of Japan shifts stance: now is "more than ever" the time to raise interest rates. Xiaomi's Wang Hua: There are currently no plans to cut orders. Reports: Electronic Arts is close to reaching a privatization agreement at approximately $210 per share. Alibaba's Tongyi 7 major models dominate the global open-source top ten, with Qwen3-Omni taking the top spot. Countdown to U.S. government shutdown: U.S. stock index futures all rise, precious metals strengthen collectively, spot gold breaks through $3,830, and crude oil retreats. The Nikkei 225 index closed down 0.69%, the Shanghai Composite Index closed up 0.9%, and the Hang Seng Index closed up 1.89%
