Bank of Canada Governor Macklem said the room to ease monetary policy has narrowed.

SK Hynix reported quarterly operating profit of KRW83.3 trillion for the quarter to September (consensus KRW76.7 trillion) and revenue of KRW104.6 trillion (consensus KRW98.3 trillion), both single-quarter records; quarterly profit rose more than sevenfold YoY. The company said it will implement an additional KRW100 trillion (~$75bn) shareholder return program in 2026. Operating margins remain at elevated, historic levels amid tight supply. SK Hynix expects memory-chip supply shortages to persist through 2030, citing rising technical difficulty at advanced process nodes and long lead times for new fabs that constrain near-term supply expansion. It sees near-term demand driven by enterprise and consumer AI adoption and mid-to-long-term growth from physical-AI applications such as autonomous driving and robotics.

Canadian Prime Minister Carney met the Abu Dhabi Crown Prince in Ottawa.