ECB Governing Council member Nagel said market expectations are important but not the driving factor.

美國戰爭研究所（ISW）11月9日評估稱，伊朗正試圖向俄羅斯採購S-400遠程防空系統，以應對美國可能恢復軍事打擊的風險，但俄羅斯受烏克蘭戰場消耗及自身防空需求限制，很可能難以提供相關裝備。據《每日電訊報》11月6日報道，伊朗最高領袖穆傑塔巴·哈梅內伊已派國家安全委員會祕書穆赫辛·雷扎伊於11月5日赴莫斯科，向俄羅斯總統普京遞交親筆信，重點提出採購S-400系統的請求。一名伊朗高級官員稱，伊朗對獲得系統持樂觀態度，但尚無交易達成或交付時間表的證據。ISW指出，俄羅斯目前不太可能將S-400等關鍵裝備從烏克蘭戰場抽調給伊朗，烏克蘭持續襲擊也使俄方自身防空系統承受較大壓力。伊朗此次求購反映出2024年至2026年美以軍事打擊後，其防空體系仍存在明顯缺口。

On Tuesday a China Southern 1.25x long Kioxia single-stock leveraged product began trading in Hong Kong. The 1.25x gearing is lower than many Hong Kong single-stock leverage products that offer up to 2x exposure. Institutional analyst Rebecca Sin said interest in leveraged semiconductor exposure remains evident—reflected in large inflows to US leveraged semiconductor ETFs—but retail traders typically favour higher‑risk structures, leaving milder 1.25x–1.5x tiers less attractive than 2x–3x products. Tokyo-listed Kioxia has struggled to regain momentum as investors rotate away from AI trades; the broader semiconductor ecosystem is weighed by macro headwinds and geopolitical uncertainty. Kioxia is up over 100% year-to-date but about 75% below its June record high.