Polish central bank governor Glapinski said rising inflation is caused by external factors.

On Nov. 4, in his first public remarks since the midterm setbacks, Trump said the Iran war was a key factor in Republican losses and lifted oil prices, and that his personal support did not transfer to other GOP candidates. He said the conflict with Iran is worth fighting to prevent it acquiring nuclear weapons, that he will decide when the war ends, and denied he promised an immediate post-midterms end. He said he will not intervene in the House GOP leadership contest and denied plans to replace Defense Secretary Hegseth, saying Hegseth is doing a very good job. He added Democrats have called to talk and warned that impeachment would destroy the party.

Goldman Sachs and Apollo Global Management are marketing portions of about $40bn in GPU financing linked to SpaceX to Wall Street investors, people familiar with the matter said. SpaceX said the deal is structured to keep the debt off its balance sheet and would be the largest GPU financing of its kind on record. Before a formal syndication, some investors were invited to precommit up to $500m to accelerate execution; formal syndication is expected to begin soon, sources said. The report comes as Democrats swept the US midterms, coinciding with turbulence in the AI sector. The firms did not immediately respond to requests for comment.