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Barkin said firms report trying to pass rising costs onto consumers.

2026-11-10

Barkin said firms report trying to pass rising costs onto consumers.

Other News
2026-11-09

China NBS data: In October producer prices for production materials rose 0.9% MoM, lifting overall factory-gate PPI by about 0.75 percentage points. By sector, mining prices jumped 2.8% MoM, raw-materials industry +2.0% and processing industry +0.2%.

China NBS data: In October producer prices for production materials rose 0.9% MoM, lifting overall factory-gate PPI by about 0.75 percentage points. By sector, mining prices jumped 2.8% MoM, raw-materials industry +2.0% and processing industry +0.2%. Consumer goods prices fell 0.1% MoM, trimming overall PPI by ~0.01 percentage points; food was flat, clothing -0.2%, general household goods and durables -0.1% each. Industrial input prices: fuel and power +4.1% MoM, chemical feedstocks +3.2%, textile feedstocks +0.6%, construction materials and non-metallics +0.4%; ferrous metal inputs -0.6%, non-ferrous metals & wire and agricultural by-products -0.3% each.
2026-11-10

Al Arabiya, citing unnamed Arab sources, reported a Qatar- and Pakistan-backed proposal has revived substantive US‑Iran nuclear talks. The parties are expected to reach a preliminary understanding allowing Iran to enrich uranium domestically to 3.67%

Al Arabiya, citing unnamed Arab sources, reported a Qatar- and Pakistan-backed proposal has revived substantive US‑Iran nuclear talks. The parties are expected to reach a preliminary understanding allowing Iran to enrich uranium domestically to 3.67%—Tehran has indicated agreement—while Washington seeks to reduce Iran’s existing stock of 60% enriched uranium; third-country assistance to handle high‑enriched material is under consideration. Arrangements are underway for IAEA inspectors to return to Iran, though their mandate remains unspecified. Under the proposed framework the Strait of Hormuz would reopen immediately, maritime restrictions would be lifted, and the US would release $6–9 bln in Iranian assets upon agreement. The report markets said reacted: Nasdaq gains widened to about 3% intraday, spot gold and silver rose, and oil fell more than $1.50 per barrel.
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