Jin10 Data Releases Key News Roundup for Yesterday and This Morning
On November 10, according to Jin10 data, domestic macroeconomic and policy updates were released centrally overnight and this morning. According to the National Bureau of Statistics, the national CPI rose 0.7% YoY in October 2026, while the PPI for industrial enterprises rose 5.7% YoY and 0.7% MoM. The Customs Tariff Commission of the State Council announced that for two months starting at 13:01 on November 10, 2026, the 24% additional tariff rate on US goods will continue to be suspended, with the 10% additional tariff rate on US goods retained. The Ministry of Transport will simultaneously suspend the collection of special port fees from ships sailing to the US until January 10, 2027.
Internationally, Middle Eastern media reported progress in US-Iran nuclear talks, with a proposed framework outlining the release of $6 billion to $9 billion in frozen Iranian assets upon reaching an agreement. The Iranian Foreign Ministry stated it would never consider transporting enriched uranium out of Iran. In overnight trading, Brent crude briefly fell over 7%, spot gold surged 2%, and the three major stock indices closed up more than 2%. AMD gained 13%, while Nvidia dipped over 4%. Google is set to launch the TPU 8tx and 8i Max, and Anthropic will kick off its Nasdaq IPO roadshow.