The Japan Meteorological Agency said a magnitude-5.6 earthquake struck offshore near Ibaraki Prefecture on the 7th; tremors were felt in Tokyo.

新西兰财政部长威利斯：我重返议会的可能性极小。

ECB President Lagarde said euro-area headline inflation was 4% in October, above expectations a few months ago but in line with market pricing. The increase is largely energy-driven: energy inflation rose to 20.8% in October from 18.9% in September, reflecting the Middle East conflict and weaker global refining capacity; food inflation also picked up. Core inflation excluding energy, food, alcohol and tobacco remained 2.5%, unchanged from September; services inflation edged up to 3.3% but stayed within its four-month range. Lagarde said detailed breakdowns are not yet available and will be needed to assess whether services inflation stems from energy-intensive sectors such as transport or from broader indirect pass-through. She warned inflation is likely to remain elevated over the coming quarters, and that higher, more persistent inflation raises risks to the ECB’s medium-term target.