Indonesian Rupiah: Equity reforms and hedging against downside – MUFG

MUFG’s Michael Wan reports Indonesia has pledged new equity-market reforms to restore investor confidence, including excluding tightly owned stocks from the Jakarta Composite Index and disclosing affiliations of 1%+ shareholders. He notes these measures target transparency and coordinated trading concerns, but implementation timing and MSCI’s assessment are key, with investors still hedging against short- to medium-term Indonesian Rupiah downside.

Netflix shares slide 5% despite Q3 earnings beat

Netflix (NFLX) stock sank 5% afterhours after the streaming company post a decent earnings beat. Netflix posted GAAP earnings per share (EPS) of $0.87 or 5 cents above the Wall Street consensus. Revenue of $12.87 billion was in-line with consensus and rose 12% YoY.

Gold struggles near $4,150 as global rate hike risks loom

Gold (XAU/USD) drifts lower on Tuesday even as US Treasury yields dive and the US Dollar weakens, with a light US economic docket mostly ignored by investors ahead of Federal Reserve’s (Fed) meeting next week. At the time of writing, XAU/USD trades at $4,122, down over 0.43%.

Dow Jones Industrial Average rises on earnings, cheaper Crude Oil

Artificial intelligence (AI) stocks pulled the NASDAQ 100 lower, but the Dow Jones Industrial Average rose to its highest in more than five weeks on earnings and cheaper Crude Oil. It climbed from the opening bell to just above 52,700.

Malaysian Ringgit: Stable range against US Dollar with hawkish BNM bias – Commerzbank

Commerzbank’s Charlie Lay and Dr. Henry Hao highlight Malaysia’s strong September trade data, with exports and imports far exceeding expectations and the trade surplus widening further.

EBA classifies Circle’s USDC as EU’s first ‘significant’ e-money token under MiCA

The EBA has classified Circle's USDC as the EU's first significant e-money token under MiCA, with joint EBA-ACPR supervision from 12 November 2026.

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BIS paper: banks can slow stablecoin growth by paying savers more

A BIS working paper finds a one basis point rise in bank deposit rates cut ten-week stablecoin growth from about 15% to about 12%, with USDC more sensitive than USDT.

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MSCI rules could drop Strategy and Metaplanet from indexes from 30 November

MSCI adopts rules that could remove Strategy and Metaplanet from its global indexes, with the final list of affected companies due on 11 November and removals effective 30 November.

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Japan’s megabanks complete first joint yen stablecoin payment test

MUFG, Mizuho and SMBC completed Japan's first joint yen stablecoin pilot, testing cross-border payments for Mitsubishi Corporation with real transactions targeted in fiscal 2026.

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Bitcoin Tests $81,300 as Hot CPI Revives Fed Hike Bets

Bitcoin slid toward $81,300 support after September CPI exceeded forecasts, liquidating more than $220 million in crypto positions.

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