According to the Kuwait News Agency (KUNA): Kuwaiti crude oil prices fell by $7.38 to $81.31 per barrel.

Mohanad Saloum, Assistant Professor of International Politics and Security at the Doha Graduate School, believes that while Iran's announcement of lifting missile range restrictions is worrying for European governments, it is not yet enough to cause panic. He explains that missiles need to fly long distances to reach the European continent or the UK, giving NATO members with military equipment deployed in the region early warning and interception time. He argues that threatening Europe is not in Iran's interest because European governments have not supported the war launched by Trump and have continued to push for a diplomatic solution despite the heavy cost of rising energy costs. However, he warns that the situation could change if Iran is defined as an international security threat, and threatening Europe could prompt countries that were initially pushing for a diplomatic solution to hardline their stance, harming Iranian interests. He adds that lifting the range restrictions indicates that Tehran "now sees this conflict as a life-or-death war." He believes this is what the entire region should be worried about. "When Iran feels it has no other way out… they might do anything. At that point, there will be no more red lines."

According to filings, Anthropic expects to issue $3 billion to $3.5 billion worth of shares to Japanese investors in its IPO.

1. Federal Reserve Governor Waller (November 10): Inclines towards a 25bp rate hike in December; if October's core CPI reaches around 0.3% or higher month-on-month, a 50bp rate hike should be considered, otherwise it could damage policy credibility. 2. Dallas Fed President Logan (November 10): At least two more 25bp rate hikes are needed, and the pace may accelerate this winter; after two more rate hikes, an assessment of the economic situation can be paused. 3. Philadelphia Fed President Paulson (November 10): Supports gradual rate hikes; if inflation expectations, wage pressures, or underlying inflation rise, an acceleration will be considered; currently, there is no situation requiring acceleration. 4. Federal Reserve Vice Chairman for Supervision Bowman (November 10): Financial conditions have tightened, and further rate hikes must weigh the costs to interest-rate-sensitive sectors; the timing and magnitude of rate hikes were not specified. 5. Chicago Fed President Goolsby (November 10): Inflation is heading in the wrong direction, and all policy options are under consideration; when asked about a 50bp rate hike, no clear commitment was made. 6. Richmond Fed President Barkin (November 9): Demand is strong and inflation is stubborn, so interest rates still need to be raised; however, the demand outlook is risky, and the pace of rate hikes should remain cautious. 7. San Francisco Fed President Daly (November 6): Further policy tightening is expected, with the timing and magnitude to be determined; in the face of market volatility, a cautious and gradual approach is preferred. 8. Cleveland Fed President Hamak (November 5): Policy needs to move into a restrictive range, favoring more frequent, smaller rate hikes to reduce the impact on households, businesses, and financial markets.

Germany's final harmonized CPI monthly rate for October was -0.1%, in line with expectations and down from -0.10% previously.

Germany's final October CPI annual rate was 2.8%, in line with expectations and down from 2.80% previously.