TREE NEWS reports: The Bank of Canada’s meeting minutes reaffirmed that further interest rate increases remain possible, stating that uncertainty does not justify excluding a hike but calls for caution. Policymakers said experience and survey results indicate costs will pass through to consumer prices, with energy costs expected to feed into inflation over the coming year. Some officials believe the labor market has become stronger than it appears.
TREE NEWS update: Iran’s president will travel to Turkey to take part in an environmental summit, Iran’s state broadcaster IRIB reported. The report gave no further details on the date of the visit, the president’s schedule or which other countries are expected to attend the summit. The trip comes amid ongoing regional diplomacy involving Tehran and Ankara.
TREE NEWS reports: US Treasuries suffered one of their sharpest sell-offs since April 2025 after inflation came in above expectations and Federal Reserve officials warned they may step up rate hikes. The two-year Treasury yield, more sensitive to Fed policy shifts than longer-dated bonds, jumped as much as 21 basis points to 4.77%, on track for its biggest one-day rise since the global market turmoil triggered by Trump’s reciprocal tariffs.
TREE NEWS update: Ukraine, Russia and the United States resumed face-to-face trilateral talks in Abu Dhabi on the 10th, the first such consultations in nine months. Ukrainian Foreign Minister Sybiha said Kyiv presented core demands including de-escalation, a ceasefire, security guarantees and a meeting between President Zelensky and President Putin, arguing direct leader-level talks could accelerate an end to the conflict. Ukraine also submitted separate ceasefire proposals for the Black Sea and energy sectors and is awaiting Russia’s response.
TREE NEWS reports: The Federal Reserve’s overnight reverse repurchase agreement (RRP) facility saw $152 million in usage on Tuesday, Nov. 10, with three counterparties, down from $252 million the previous trading day. The decline in RRP balances reflects the latest daily take-up at the Fed’s facility.
TREE NEWS update: Prediction market platform Kalshi will launch futures tied to US CPI and core inflation on Dec 8, the company said. The contracts will let traders take positions on the direction of headline and core consumer price inflation. Kalshi did not disclose further details on contract specifications or margin requirements.
TREE NEWS update: Mercado Bitcoin will resume cash deposits and withdrawals through Brazil’s instant payment system starting next week, the exchange said, after a $49 million hack. Crypto transfers remain suspended. The Brazilian exchange is restoring fiat rails first while digital-asset withdrawals stay on hold.
TREE NEWS update: OpenAI released a beta version of “Businesses in ChatGPT,” the company said. Eligible businesses can build an enterprise agent within the product. The release marks OpenAI’s latest push to bring AI agents into commercial use.
TREE NEWS reports: The U.S. Department of Agriculture expects Ukraine’s corn exports to decline 10% year-on-year due to conditions in the Black Sea, the agency said. The forecast points to tighter regional grain flows from one of the world’s major corn suppliers.
TREE NEWS reports: The US Treasury auctioned $42 billion of 10-year notes at a high yield of 5.020%, down from 5.3% at the October 7 sale. The bid-to-cover ratio came in at 2.46, compared with 2.77 in the previous auction.
TREE NEWS update: Ukrainian President Volodymyr Zelensky said on the 10th that Europe should take part in negotiations aimed at ending the Russia-Ukraine conflict, as well as discussions on security guarantees for Ukraine from the United States and Europe. Zelensky made the remarks in an interview with Danish media during a visit to Denmark, where he held talks with Danish Prime Minister Mette Frederiksen. He is also scheduled to discuss military aid to Ukraine and European security with Nordic leaders.
TREE NEWS reports: LME copper fell $218 to settle at $13,679 per tonne, leading a broad decline across London Metal Exchange base metals. Aluminium dropped $56 to $3,010 a tonne, nickel lost $195 to $16,030 and zinc shed $20 to $3,711, while tin slipped $126 to $46,313 and lead eased $8 to $1,878. Cobalt was unchanged at $33,525 a tonne.
TREE NEWS reports: CBOT soybean futures rose 3.0% intraday to 1,225.58 cents a bushel, while CBOT corn gained 2.5% to 450.72 cents. The moves mark a sharp single-session advance in both grain contracts.
TREE NEWS update: Grayscale has pledged $1 million to support Zcash alongside an advertising campaign, as the ZEC token and its associated ETF both fell 12%. The ETF is facing continued withdrawals, extending October’s net outflows. The commitment comes as Grayscale pushes the privacy-focused asset despite the fund’s recent investor redemptions.
TREE NEWS reports: The S&P 500 fell 1.0% intraday to 7,473.92, while the Nasdaq Composite slipped below the 24,900 mark to 24,899.50. The moves mark a sharp pullback in US equities, with the tech-heavy Nasdaq leading the decline.
TREE NEWS update: MetaMask has added limit orders to its mobile app across four chains, letting users set target prices rather than execute at market. The feature relies on revocable wallet permissions and a default 3% price tolerance, the wallet said. Reaching the target price does not guarantee a fill, MetaMask noted.
TREE NEWS reports: Brazil’s real fell to its weakest level against the dollar since August 2025 after the central bank’s meeting minutes signaled a dovish stance, undermining investor expectations that inflation pressures would force an interest-rate hike. The currency’s slide reflects a sharp repricing of the policy outlook following the release.
TREE NEWS update: Leverage Shares is planning a European exchange-traded product that will hold interest-bearing assets before Anthropic’s stock market debut, then seek three times the stock’s daily performance. The product is designed to provide leveraged exposure to the AI company once it lists. No launch date or fee details were disclosed.
TREE NEWS reports: Ether, SOL and XRP slid sharply as $580 million in crypto positions were liquidated, with Coinbase spot markets recording SOL below $82 and XRP below $1.05. Bitcoin extended its decline beneath $73,000.
TREE NEWS reports: A consortium of banks has committed $270 million to a stablecoin issuer venture, funding five years of operations, with a dollar stablecoin launch targeted for the first half of 2027. The reported commitment covers the issuer’s operating costs over that five-year period. The consortium has set a first-half 2027 timeline for the dollar-pegged token.