IEA monthly report: oil inventories rose 52 mln barrels in October, the first increase since June.

Japan's Prime Minister Takaichi said she will work to maintain orderly functioning of the foreign exchange market.

ECB chief economist Lane said in a Financial Times interview that financing for AI projects accounts for roughly one quarter of euro-area corporate bank loan growth. He said credit creation across 21 euro-area members has remained resilient despite higher rates and an oil-price shock. Lane estimated corporate loan annual growth would be about 3% without AI lending versus roughly 4% currently, while noting AI’s overall share of the economy remains small. He reiterated a preference for more equity rather than debt financing to allow native AI firms to scale faster.