Top News
Gold falls below $4,000 as dollar surges, Fed hike bets rise
Stocks end higher as CoreWeave results ease AI spending worries
Nvidia is spending more than ever on Washington lobbying.
Bitcoin ‘ripe for a squeeze’ as options traders raise odds of sub-$70,000 Christmas
OPEC+ oil output in October nears pre-Iran war rate, led by Saudi Arabia
On the map → Strait of Hormuz · Saudi energy infrastructure
Oil Is Stuck in Limbo, With No More Iran War But No Peace
After Brent crude’s 10-day decline of nearly 25%, it’s tempting to say the market is pricing in peace. It isn’t. Rather than anticipating that hostilities between the US and Iran are over, traders are foreseeing no immediate risk of a third round of fighting. If the two countries reach a deal, however fragile, oil will trade significantly cheaper than its current value of around $90 a barrel.
Separate development
Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopes
On the map → Strait of Hormuz
The Fed Has to Raise Rates. How Fast to Go Has Officials Divided
Family Fights Are Good When Setting Interest Rates
Federal Reserve Chair Kevin Warsh professes to like a good family fight when officials set interest rates. Australia would do him proud — the vigorous debate that has emerged after the last, contentious interest-rate hike is a healthy one. - The quarrel at Australia's central bank was always coming. Top officials should embrace the confrontation
Stocks, Bonds Fall as CPI Data Fuel Fed-Hike Bets
German October inflation eases to 2.8% as expected; core slows to 2.1%
Senior Republican on US Senate banking panel calls on Nvidia CEO Huang to resign
Rupee rises 7 paise to 93.70 against US dollar in early trade
Later report: Rupee outperforms most Asian peers as foreign inflows boost sentiment Business Standard ·
Later report: Rupee closes at seven-month high of 93.69 as FPI inflows, lower crude prices boost sentiment The Hindu BusinessLine ·
German economic growth set to accelerate in 4th quarter: Bundesbank chief
UK inflation to overshoot Bank of England target for next 4 years, think-tank forecasts
Brazil’s central bank chief says policy guidance has negative value, leaving Copom communication less
China says offshore trust tax declarations top 160 billion yuan
Global bonds reel as hot U.S. CPI and hawkish Fed revive 50-bp hike fears
Kalshi: Above 3.7% — the rate of CPI inflation above 3.7% for the year ending in Nov 2026 · 57% ·
More News
The Wall Street Journal · Nov 11 at 10:08 AM PST
The New York Times · Nov 11 at 11:10 AM PST
South China Morning Post · Nov 10 at 6:34 PM PST
Bloomberg · Nov 11 at 9:30 AM PST
Bloomberg · Nov 10 at 4:49 PM PST
Financial Times · Nov 11 at 10:19 AM PST
Earlier
Financial Times · Nov 11 at 12:48 AM PST
Bloomberg · Nov 10 at 4:01 PM PST
CNBC · Nov 10 at 12:06 PM PST
Bloomberg · Nov 10 at 12:40 PM PST










