White House Council of Economic Advisers chair Feilan said markets should not expect a strong US nonfarm payrolls report to prompt the Federal Reserve to raise interest rates.

US Dollar: 1. Federal Reserve's Barkin: I think gradual rate hikes are reasonable. 2. Federal Reserve's Hamak: Monetary policy needs to shift to a restrictive stance. 3. US Challenger Job Cuts Report: US job cuts totaled 43,994 in October, the lowest October level since 2023. 4. Goldman Sachs: Our economists expect the Federal Reserve to cut interest rates between late 2027 and early 2028. Pound Sterling: 1. Bank of England raised interest rates by 25 basis points to 4.00%, the first rate hike since August 2023, in line with market expectations. 2. The probability of another Bank of England rate hike in December has risen to 50%, with the market increasing its bets on tightening. 3. Bank of England Governor Bailey: I think there are reasons for further rate hikes. Unless the Iran war is resolved, this is unlikely to be the last rate hike. 4. Bank of England Deputy Governor Ramsden: The downward trend in UK service sector price inflation appears to have slowed or stopped. 5. Standard Chartered Bank expects the Bank of England to raise interest rates by 25 basis points in February 2027, up from its previous forecast of no rate hikes after November 2026. Euro: 1. ECB official Zigman: A December rate hike is highly likely. 2. ECB President Lagarde: Does not expect the US tariff issue to be immediately reconsidered. Yen: 1. Japanese real wages rose for the ninth consecutive month in September, supporting the central bank's continued rate hikes. 2. Japanese Prime Minister Sanae Takaichi plans to use proceeds from the Bank of Japan's ETF sales to fund "economic security." Korean Won: 1. The Bank of Korea stated that reports regarding its purchases of US Treasury bonds are "inaccurate," and that the composition and management of its foreign exchange reserve assets will not be disclosed. 2. The South Korean government decided to temporarily exempt securities companies from the obligation to maintain a 140% credit financing guarantee ratio for three months, starting November 9th. Other: 1. The Central Bank of Moldova raised its key interest rate from 9% to 11%. 2. Thailand's inflation rose to 3.9%, exceeding the central bank's target ceiling for the first time in over three years. 3. Norway's central bank set its interest rate at 4.5% on November 5th, in line with expectations and unchanged from the previous 4.50%. 4. Mexico's central bank set its interest rate at 6.25% on November 5th, in line with expectations and unchanged from the previous 6.50%. 5. Swiss National Bank President Schlegel: We have not seen any spread of price pressures in Switzerland. 6. Bank of Israel: Israel's foreign exchange reserves were $237.773 billion in October, compared to $236.998 billion in September. 7. Reserve Bank of Australia Deputy Governor Hauser: If people do not trust central banks, they must raise interest rates significantly to suppress inflation. 8. The Bank of Canada updated its five-year monetary policy framework, maintaining its inflation target at 2%. 9. A sell-off in tech stocks drove foreign capital inflows, supporting the Indian rupee.

French education minister says a school bus crashed in eastern France, causing multiple casualties.