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ECB President Christine Lagarde: The Eurozone Economy Is Between The ECB's Baseline Scenario And A More Moderate Scenario
European Central Bank President Christine Lagarde: Some Decoupling Has Already Occurred In The Short Term
European Central Bank President Christine Lagarde: We Have Observed A Certain Degree Of De-anchoring In Inflation Expectations
Vice Minister Of Commerce And Deputy Chief Negotiator For International Trade, Ling Ji, Met With A Delegation From The Asia-Pacific Medical Technology Association And Its Member Companies
European Central Bank President Christine Lagarde: We Will Not Use The Neutral Interest Rate Range As The Basis For Policy Decisions
Asphalt Futures Contract 2609 Weakened During The Session, With The Decline Widening To 3.37%, And The Latest Price Was 3785 Yuan/ton; The Trading Volume Was Approximately 6.417 Billion Yuan, With An Increase Of 18,600 Lots In Open Interest During The Day, Indicating A Significant Change In Open Interest
US President Trump: Of All The Statues And Fountains We've Rebuilt, Renovated, Cleaned, And Repaired, The Only One That Was Damaged Was The Reflecting Pool. The Problem With The Reflecting Pool Is Being Addressed As Quickly As Possible
U.S. Treasury Secretary Bessenter: Following Fruitful Talks In Switzerland, The U.S. Treasury Department Has Issued A 60-day Temporary General License Authorizing Iran's Oil Production And Sales
U.S. Treasury Department: General Licenses Do Not Authorize Transactions Involving Countries Such As Cuba And Ukraine
Fuel Oil Futures Contract 2609 Weakened During The Session, With The Decline Widening To 1.95%, And Last Quoted At 3063 Yuan/ton; The Trading Volume Was Approximately 1.164 Billion Yuan, With A Decrease Of Nearly 3400 Lots In Open Interest During The Day, And Open Interest Slightly Declined
According To The U.S. Treasury Department Website, A General License Was Issued Authorizing The Production, Delivery, And Sale Of Crude Oil, Petrochemical Products, And Petroleum Products Originating From Iran Until August 21, 2026
Julius Baer Group: It Is Expected That The Federal Reserve Will Keep Interest Rates Unchanged In 2026, While The European Central Bank Will Raise Interest Rates Once More
Julius Baer Group: The Yield On 10-year US Treasury Bonds May Fall Slightly To 4.30% In The Second Half Of 2026

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Denmark, which holds the European Council presidency, has reportedly withdrawn the proposal that would have forced platforms like Telegram, WhatsApp and Signal to allow authorities to screen messages before they're encrypted and sent.
Denmark, which holds the European Council presidency, has reportedly withdrawn the proposal that would have forced platforms like Telegram, WhatsApp and Signal to allow authorities to screen messages before they're encrypted and sent.
The proposed legislation, known as the Chat Control law, was first introduced in May 2022 as a method to combat the spread of illicit and illegal content through messaging services.
A revived version of it came up this year, with critics arguing again that it would undermine encrypted messaging and people's right to privacy.
The withdrawn proposal means it will remain voluntary.
Minister of Justice Peter Hummelgaard stated that the proposal will now "not be part of the EU presidency's new compromise proposal, and that it will continue to be voluntary," for tech giants to screen encrypted messages, according to a report by Danish daily newspaper Politiken on Oct. 30.
The current voluntary framework expires in April 2026, and Politiken reported that Hummelgaard stated that if the years-long political stalemate over Chat Control were not resolved, it would leave the EU without any legal tools to combat bad actors using messaging services.
The backtrack on chat control was reportedly to ensure a new framework could be implemented before the deadline.
X's Global Government Affairs team said on Saturday that Denmark's withdrawal is a "major defeat for mass surveillance advocates," and the platform will "continue to monitor the progress of these negotiations and oppose any efforts to implement government mass surveillance of users."
Source: X Global Government AffairsPatrick Hansen, the director of EU Strategy and Policy at stablecoin issuer Circle, also applauded the news and stated it was a "Major win for digital freedoms in the EU."
The Electronic Frontier Foundation (EFF), a civil liberty nonprofit, shared a similar stance and speculated public pressure "pushed the EU Council to withdraw its dangerous plan to scan encrypted messages."
Thorin Klosowski, a security and privacy activist with the EFF, said in a blog post on Friday that lawmakers should stop attempting to bypass encryption under the guise of public safety.
He argues that the focus should be on "developing real solutions that don't violate the human rights of people around the world."
"As long as lawmakers continue to misunderstand the way encryption technology works, there is no way forward with message-scanning proposals, not in the EU or anywhere else," he said.
Ireland will assume the EU Council's presidency in July 2026, taking the reins from Denmark after a year in the role.
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