China coke front-month futures rose over 3% to 1,947.5 yuan/ton.

Barclays: expects a 25bp hike; anticipates the Bank of England will acknowledge increased upside inflation risk but stress policy will remain meeting‑by‑meeting. Danske Bank: expects 25bp to 4.00%; MPC communications skew hawkish and a clear majority should back a hike. Rabobank: expects 25bp, vote 7‑2; persistent energy inflation is forcing MPC action despite limited evidence of second‑round effects. BNP Paribas SA: expects 25bp and will seek to temper market pricing to avoid overheating expectations; continued war‑driven energy cost rises could prompt another hike in Feb 2027. ANZ: expects 25bp tonight and another to 4.25% in Feb 2027 as supply‑side price pressures raise second‑round risks, followed by a long pause. HSBC: says a BOE hike is fully priced, limiting sterling upside; larger risk is the BOE disappointing market hopes for a follow‑up hiking cycle. ABN AMRO Bank: expects inflation to remain elevated, peaking above 4% by early 2027; sees two hikes over coming months with terminal rate at 4.25% in Feb 2027. Schroders: fiscal measures offer partial relief but don’t alter the outlook; resilient growth and rising inflation point to about two hikes, the first in November. Goldman Sachs: expects 25bp, vote 7‑2; committee likely to signal readiness to counter rising inflation but stop short of explicit forward guidance; forecasts another 25bp in Feb 2027 to a 4.25% peak. S&P Global: October services output growth accelerated and price pressures rose, mirroring manufacturing — November hike is nearly certain and further tightening in 2027 is more likely. MUFG: with high inflation, stronger‑than‑expected activity and a steadier labour market, expects 25bp, a 7‑2 vote with Taylor and Dingra dissenting, and another 25bp in Feb 2027 to a 4.25% peak.

Iran's foreign ministry spokesman Baghaei dismissed EU High Representative Kallas's accusations that Iran intervened in the Saudi–Yemen conflict as unfounded, saying the EU, by participating in sanctions and an economic blockade against Yemen, is complicit in serious human-rights abuses and that European officials cannot deflect responsibility with diversionary rhetoric.