US initial jobless claims four-week moving average for the week ended Oct. 24: 196.75k; prior reading revised from 197.75k to 198.0k.

Marex economist Ivan Colhoun said if the RESERVE BANK OF AUSTRALIA delivers a second consecutive rate rise next week, policymakers are likelier to stand pat afterward to assess the impact of earlier tightening rather than force a sixth hike. October inf data could change that outlook. With the full effects of prior hikes still unfolding and the federal government planning to announce spending cuts in December, the RBA may prefer to wait to gauge the scale and credibility of fiscal tightening.

U.S. midstream operator ONEOK said its North Delaware expansion is expected to enter service in Q3 2027, after which throughput will ramp up rapidly.