Eamonn Sheridan

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Stocks
Musk didn't seem too happy on the earnings call last night
Stocks

Calpers to vote against Elon Musk’s $1 trillion Tesla pay package

  • Calpers, the biggest U.S. public pension fund, will vote against Elon Musk’s $1 trillion Tesla pay deal, calling it excessive and overly concentrated. Musk is pushing for investor approval ahead of a Nov. 6 vote in Austin.
News
China
News

China’s Premier Li says need to expand domestic demand, deepen supply-side reforms

  • China’s Premier Li Qiang stressed the need to balance development with security, strengthen risk-prevention mechanisms, and safeguard long-term growth through policy preparedness and systemic stability.
News
Australia flag
News

Australian export and import prices both fell in Q3

  • Export price index and import price index both fell, but more at a slower pace than in Q2
Central Banks
Trump Xi
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1056 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Stocks
Trading Profits
Stocks

Samsung profit beats forecasts as AI chip demand drives record semiconductor gains

  • Samsung Electronics’ Q3 profit more than doubled estimates at KRW 12.0 trillion, powered by AI chip demand and stronger smartphone sales. The company expects continued semiconductor strength and steady mobile demand into Q4, with HBM4 development set for 2026.
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