China's economy grew 4.5% year on year in the third quarter, official data showed, up from 4.3% in the second quarter. Exports drove the expansion, with a 938 billion dollar trade surplus in the first nine months and export growth of 36% last month. Domestic demand remains weak as the property downturn pressures household wealth. Beijing targets 4.5% to 5% annual growth. EU trade pressure persists.

Storage giants futures rebounded over 4% today. Hynix, Micron, and SanDisk mapping contracts gained about 5.24%, 4.26%, and 6.11%. Combined open interest value is $881 million. SKHX trades at $940.60 with $384 million open interest. SKHY rose 4.78% to $139.72 with $200 million open interest. MU trades at $897.74 with $163 million open interest. SNDK trades at $1,336.40 with $134 million open interest.

ChainCatcher, citând Bloomberg, relatează că acțiunile asiatice din sectorul semiconductorilor au continuat să scadă luni. Indicele Bloomberg Asia Semiconductor a coborât cu peste 2%, la cel mai redus nivel din iulie, principalii factori de presiune fiind TSMC, SK Hynix și Advantest din Japonia. Indicele compozit al acțiunilor din Coreea (Kospi) a înregistrat săptămâna trecută cea mai mare scădere săptămânală din octombrie 2008 și luni a pierdut peste 3%, recuperând ulterior o parte din pierderi; Nikkei 225 a scăzut cu până la 2,3%, iar indicele ponderat din Taiwan a pierdut 2%. Temerile pieței au două cauze. Prima: presiunile privind finanțarea infrastructurii AI din SUA se intensifică, capacitatea CoreWeave de a atrage capital este examinată îndeaproape, iar așteptările privind listările Anthropic și Nscale se răcesc. A doua: compania chineză DeepSeek a lansat în weekend o actualizare a modelului său, promițând performanțe mai rapide și consum mai redus de resurse, ceea ce a alimentat temerile că cerințele mai mici de stocare pentru modelele AI ar putea afecta negativ cererea de cipuri. Kang DaeKwun, director general al Life Asset Management, a declarat că incertitudinea pieței este prea mare pentru a stabili când bursa din Coreea de Sud își va atinge minimul, finanțarea proiectelor AI ale companiilor americane fiind unul dintre principalele riscuri; profitabilitatea producătorilor sud-coreeni de cipuri rămâne puternic dependentă de investițiile susținute ale SUA în infrastructura AI. Rezultatele financiare anunțate săptămâna aceasta de giganți tech precum Meta și Tesla vor fi un barometru esențial pentru dinamica cheltuielilor de capital din domeniul AI.

The Mt. Gox bankruptcy trustee, with court approval, extended the creditor repayment deadline from October 31, 2026 to October 31, 2027. The exchange said the change allows repayments to be completed within a reasonable and feasible timeframe.

Richard Heart, founder of HEX, was detained in an early morning raid in Istanbul. Starknet fell almost 50 percent as token holders voted to make the network a layer 1 chain. Bitwise said all signs point to Crypto Spring. The developments underscore legal and governance risks facing crypto assets.

The 2026 Financial Street Forum opened in the afternoon at Beijing's Financial Street and will run through October 22. This year's theme is “Openness, Cooperation, Inclusiveness—Building a New Global Financial Development Ecosystem.” More than 400 guests from over 40 countries and regions are taking part. Pan Gongsheng, Governor of the People's Bank of China; Ding Xiangqun, Director of the National Financial Regulatory Administration; Wu Qing, Chairman of the China Securities Regulatory Commission; and Zhu Hexin, Director of the State Administration of Foreign Exchange, will deliver keynote speeches. The agenda features 21 thematic sessions and three special conferences, among them a FinTech Conference devoted to blockchain, artificial intelligence and related topics. Planned outcome announcements include the PBOC's digital RMB system and the digital RMB smart contract ecosystem framework.

Întrucât SUA nu au impus încă tarifele, prima constantă de pe piața futures a cuprului de la New York se restrânge rapid, iar profiturile de arbitraj ale traderilor care transportă cupru către SUA se reduc puternic. Contractul cu livrare în septembrie a scăzut cu peste 600 USD/tonă în luna premergătoare livrării, iar prima Comex a coborât sub 4 dolari. Macquarie avertizează că, în absența unor noi tarife, prețul cuprului s-ar putea prăbuși la 10.000 de dolari; dacă anunțul va veni cu întârziere, acesta ar putea urca vertiginos la 18.000 de dolari.

Indonesia's benchmark Jakarta Composite Index tumbled more than 5% on Monday to its weakest level in six years, deepening a selloff across the country's equities. The index touched its lowest point since early October 2020, with anxiety over a possible MSCI downgrade adding to fears of further foreign investor outflows. MSCI proposed on Friday that Indonesia be reclassified directly from emerging-market to standalone status, raising the prospect of its removal from major global equity benchmarks. The index provider is expected to make a final decision by June, contingent on whether Indonesian authorities can demonstrate meaningful progress on market governance and transparency. In a note published Sunday, Goldman Sachs warned that a full exit from MSCI's emerging-market indexes could trigger roughly $5.6 billion in passive fund outflows, equivalent to 18 days of average daily trading volume for constituents of the MSCI Indonesia Investable Market Index. A further $2.7 billion could be at risk should FTSE Russell take similar action, though Goldman framed that as a separate scenario. Active funds benchmarked to MSCI and FTSE indexes hold more than $8 billion in Indonesian equities, by Goldman's estimate, and selling by those investors would be discretionary rather than automatically triggered by a downgrade. The bank maintained an underweight rating on Indonesian stocks, citing persistent index uncertainty, weak corporate earnings and macroeconomic headwinds. Strategists led by Alvin So said valuations had fallen significantly but stayed above historical lows, with index, earnings and macroeconomic risks limiting any increase in valuations. Goldman data shows the MSCI Indonesia Index down 47% this year as of Friday, with foreign investors withdrawing a net $5.1 billion from Indonesian equities over that period. Foreign ownership of Indonesian stocks slipped to 25% in October from 27% in January, and the value of foreign holdings nearly halved, to about $130 billion from $250 billion. Despite the steep declines, Goldman cautioned that Indonesian equities may not have reached their lowest point. The MSCI Indonesia Index's 12-month forward price-to-earnings ratio has fallen to 7.3 times, its lowest since the global financial crisis, though the multiple remains above historical lows. Goldman strategists expect Indonesia's central bank to raise interest rates twice more, by 25 basis points each, in the fourth quarter of 2026 and the first quarter of 2027. Those increases could add further pressure on economic growth and equity valuations.

Nasdaq-listed OpenWorld OPNW has signed a merger agreement to acquire AI agent firm Blocksight. Blocksight AI agents will serve as the operational layer for OpenWorld tokenized financing initiative, handling transaction structuring, asset verification, and daily reporting. The financing initiative exceeds 1.1 billion dollars in total value.