02:30 *(PH) PHILIPPINES CENTRAL BANK (BSP) RAISES OVERNIGHT BORROWING RATE BY 50BPS TO 5.50%; MORE-THAN-EXPECTED02:20 (CN) China Industry Ministry: China issues warning about PHP02:00 BARC.UK Reports Q3 Adj Net £1.65B v £1.46B y/y, Adj PBT £2.32B v £2.44Be, Rev £7.37B v £7.17B y/y; Announces share-buybacks worth £500M02:00 SMCI Introduces NVIDIA Vera CPU rack for agentic AI; 256 CPUs, supports up to 22,500 concurrent agent sandboxes02:01 PSON.UK Q3 Trading update: Underlying Rev +6%; Affirms 2026 guidance02:06 CAST.SE Reports 9M (SEK) EPS 5.75 v 1.72 y/y, Net 2.87B v 1.05B y/y, Rev 6.99B v 7.20B y/y; Intends to reduce Sweden operations from four regions to two and cut administration costs by 15%, equivalent to just under SEK100M
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Elon Musk confirms both Tesla and SpaceX have formed special committees to consider a merger; Merger is not a certainty, has to have shareholder support - SpaceX earnings call

- Musk is not a member of either committee because he is a conflicted party

**NOTE: 10/14 TSLA Reportedly Tesla and SpaceX merger announcement could arise before December - press citing Barclays note
12:24 (US) Market Trading Hours Summary: As expected, Dec PCE runs hotter than CPI, Q4 GDP impacted by shutdown; Supreme Court strikes down IEEPA tariff powers
S&P 5007805 ▼0.03%EUR/USD1.12 ▲0.64%USD/JPY157.21 ▼0.68%GBP/USD1.34 ▲1.35%OIL--Gold4150 ▼13.92%