Canada's latest Russia-related sanctions target an additional 38 entities and 24 individuals, including those involved in ballistic missile technology development and cyber activities.

Japan Tobacco said all its entities in Russia are currently under temporary management and that its Russian business remains operational.

Mexico's October headline CPI rose 3.75% YoY, above a survey median of 3.65% and prior 3.45%, heightening doubts about Banxico's decision to cut rates last week. Core CPI rose to 3.80% YoY, slightly above economists' 3.78% forecast and up from 3.75%. Banxico's five-member policy board revised forward guidance, saying the new rate level may be left unchanged “for an extended period”; officials said keeping borrowing costs at current levels should help inflation converge but flagged upside risks. Q3 GDP expanded 3.2% YoY, the fastest pace since 2023, and recent activity strength increases uncertainty around the inflation outlook.