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An ECB Governing Council member said it is too early to say how much further tightening is needed.

2026-11-05

An ECB Governing Council member said it is too early to say how much further tightening is needed.

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2026-11-05

US labor productivity accelerated in Q3, with output per hour in the nonfarm business sector rising 3.6% annualized — the fastest pace in a year — versus a revised 2.1% in Q2, the Bureau of Labor Statistics said. Unit labor costs fell 0.7%, the first

US labor productivity accelerated in Q3, with output per hour in the nonfarm business sector rising 3.6% annualized — the fastest pace in a year — versus a revised 2.1% in Q2, the Bureau of Labor Statistics said. Unit labor costs fell 0.7%, the first decline since Q2 2025. The BLS said firms are increasing investment in AI, software and equipment; those investments may be translating into higher output per worker and helping limit pass-through of rising input costs to consumer and producer prices. Separately, initial jobless claims fell last week to levels comparable with the 1969 low, underscoring continued labor-market resilience.
2026-11-05

At midday closing, most domestic futures contracts rose, with palladium up over 8%, platinum up over 7%, silver up nearly 6%, nickel up over 5%, gold up over 4%, red dates up nearly 4%, and coking coal and lithium carbonate up over 3%. On the downsid

At midday closing, most domestic futures contracts rose, with palladium up over 8%, platinum up over 7%, silver up nearly 6%, nickel up over 5%, gold up over 4%, red dates up nearly 4%, and coking coal and lithium carbonate up over 3%. On the downside, liquefied petroleum gas (LPG), bottled petroleum products, propylene, benzene, polyethylene, polypropylene, ethylene glycol, and styrene hit their daily limit down; fuel oil and low-sulfur fuel oil (LU) fell over 10%, asphalt fell nearly 9%, SC crude oil and methanol fell over 7%, and paraxylene fell over 6%.
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