ECB presidential candidate Notte said private credit is hampered by opaque ratings and valuations.

U.S. Democrats have outperformed expectations in early returns, picking up a North Carolina Senate seat and exceeding forecasts in several Florida districts. With Roy Cooper winning the North Carolina Senate contest, Democrats still need a net gain of three seats to win Senate control. Florida’s governor and Senate races proved far tighter than Republicans expected; Republican senator Ashley Moody narrowly beat challenger Angie Nixon while the Florida governor’s race remained undecided. As returns arrived, Democratic morale rose; Trump remained at the White House holding closed‑door meetings with aides.

US EIA motor gasoline supplied (implied demand), week ended Oct 30: 9.8244 mln b/d, prior 9.2033 mln b/d.