After Australia’s Q3 inflation release markets turned more hawkish on the Reserve Bank of Australia: implied odds of a next‑week hike to 4.85% rose to 85% from 69% pre-release. AUD/USD jumped to a five‑week high of 0.7055, about 1.6 US cents above the 15‑week low reached after weak Oct 15 employment data. AUD/NZD rose 2% to 1.26, a 13‑year high after the RBNZ unexpectedly left its policy rate at 2.75%. As of the five‑week period to Oct 20, AUD net short positions increased from 38,906 to 127,292

Russia's economy ministry said Q3 GDP rose 0.6% YoY, versus 1.3% YoY in Q2.

A Canadian government official familiar with negotiations said on Wednesday talks with the U.S. have made limited progress toward an agreement to roll back U.S. tariffs on Canadian steel and autos. The latest talks are focused on Section 232 tariffs — up to 50% on Canadian steel and 25% on autos. Tariffs have become a political liability for President Trump ahead of next week’s midterm elections, and border-state Republican candidates are urging an end to the trade dispute. Trump said on Sunday the dispute would be resolved "very soon" but gave no details; Prime Minister Carney said on Monday talks had "strengthened."