Santander: The European Central Bank will raise interest rates by 25 basis points each in June and September to 2.5%. If US-Iran negotiations break down, rates may rise to 3.75% by the end of the year.

According to Zhitong Finance APP, Pfizer (PFE.US) announced on Wednesday that the U.S. Food and Drug Administration (FDA) has approved its tyrosine kinase inhibitor Tukysa (tucatinib) as part of a combination therapy for first-line maintenance treatment of a certain type of breast cancer.

On October 8, XPeng Group officially launched the Chinese name "小鹏悠游" for its Robotaxi business, with the English name "XPENGYOYO". On the same day, the official XPeng Group website went live with a Robotaxi product page, and the online ordering mini-program "XPENGYOYO Autonomous Driving" was launched simultaneously. The company will further expand the scope of its internal testing users by distributing invitation codes. This marks XPeng Robotaxi’s official transition from technology verification to a new phase of user access and business exploration.

Shanghai fuel oil futures have just surpassed the 5,000 yuan/ton mark, currently quoted at 5,006 yuan/ton, up 14.40% for the day.

Nomura analysts stated in a report that the Reserve Bank of India unexpectedly shifted its policy stance from "neutral" to "orderly tightening" in order to stabilize inflation expectations and build a buffer against a globally adverse environment. The investment bank expects the Reserve Bank of India to raise rates by another 25 basis points in December and then pause, which contrasts with the market's expectation of a longer rate hike cycle. The Reserve Bank of India has raised its GDP growth and inflation forecasts for the 2026/27 fiscal year to 7.1% and 5.2%, respectively, and has also raised its inflation forecast for the coming year to 5.6%.