CBOT soybean January contracts hit a one-year high. Analysts warn that this round of soybean price increases is primarily driven by capital inflows, rather than purely fundamental factors. The positive news may already be priced in, so watch for it..

ECB board member Panetta: Stablecoins may pose high risks to depositors and financial stability, and only public currencies can build lasting trust.

Domestic News 1. Wang Yi spoke with Japanese Foreign Minister Toshimitsu Motegi by phone. 2. Xinhua News Agency was authorized to release the CPC Central Committee's proposal on formulating the 15th Five-Year Plan for National Economic and Social Development. 3. He Lifeng: China will continue to expand high-level financial opening-up and welcome more foreign financial institutions and long-term capital to invest and develop businesses in China. 4. China and ASEAN signed the upgraded protocol for the Free Trade Area 3.0. 5. The wholesale price of Feitian Moutai fell below 1,700 yuan per bottle for the first time, reaching a new low since its launch. 6. The 11th batch of national centralized drug procurement opened bids in Shanghai on October 27, resulting in the tentative winning bids, with 55 drugs successfully procured. International News 1. Trump and Sanae Takaichi signed a framework agreement on the supply of critical minerals and rare earths. 2. U.S. Secretary of Commerce Lutnick: A $490 billion investment agreement will be signed in Japan. 3. Apple's (AAPL.O) market capitalization exceeded $4 trillion for the first time, and Microsoft's total market capitalization once again surpassed $4 trillion. 4. Microsoft and OpenAI signed a new agreement, with OpenAI signing an agreement to purchase an additional $250 billion in Azure services. Microsoft will hold approximately $135 billion, or a 27% stake, in OpenAI. 5. Trump: Federal Reserve Chairman Powell is either incompetent or bad and will leave his position "within a few months." 6. A London Bullion Market Association (LBMA) survey: Gold prices are expected to reach $4,980.3 per ounce and silver prices to reach $59.1 per ounce in a year. 7. Citigroup: Lowered its short-term price targets for gold and silver, lowering its 0-3 month gold price forecast from $4,000 per ounce to $3,800 and its silver price forecast from $55 per ounce to $42. 8. ADP released its weekly estimate of the U.S. National Employment Report, initially estimating an average of 14,250 new jobs in the United States. 9. Pakistani security sources: Peace talks between Afghanistan and Pakistan in Istanbul concluded without a resolution. 10. The European Automobile Manufacturers Association (EAA) reported that Tesla's (TSLA.O) EU new car registrations fell 19% in September, while BYD's EU new car registrations increased 272%. 11. The Conference Board's consumer confidence index fell to 94.6 from a revised 95.6 in September, the lowest level since April.