November 03, 2026
United States:
US Voters Head to Polls in Biggest Referendum on Trump’s Presidency
America’s referendum on President Donald Trump’s second term is underway.
With polls set to open Tuesday morning for the US midterm elections and tens of millions of early ballots already cast, voters say they are frustrated by the high cost of living, fuel prices that spiked after the launch of the Iran war and uncertainty over where their jobs and the world’s largest economy are headed in the age of AI.
Europe:
EU Plans Changes to Its Single Market to Reduce China Dependence
The European Union is working on targeted changes to its €18 trillion ($20.1 trillion) single market to help its domestic companies diversify supply chains away from countries including China, according to people familiar with the plan.
The European Commission, which handles trade matters for the EU, will seek to amend laws related to motor vehicle-type approvals and foreign subsidies, said the people, who spoke on the condition of anonymity.
Asia:
Onshore Yuan Snaps Winning Streak as PBOC Lifts FX Reserve Ratio
The onshore yuan halted its longest winning streak in three decades after the People’s Bank of China moved to cool its rally by asking banks to hold more foreign currencies in reserve.
The yuan weakened as much as 0.4% to 6.6766 per dollar onshore, ending 13 straight days of gains, which was the longest streak since 1996, according to data compiled by Bloomberg.
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