U.S. White House official: U.S. President Biden had a phone call with Israeli Prime Minister Netanyahu.

Deputy Governor of the Bank of Canada: Although we saw improvement in October’s inflation indicator, we need further progress; we have made good progress in restoring price stability, but we are not yet on target.

Deputy Governor of the Bank of Canada: The economy is currently roughly balanced, but we are paying close attention to inflation expectations, wage growth and corporate pricing behavior.

Bank of Canada deputy governor: We need to reduce barriers to adding capacity and ensure the market has greater flexibility to meet future changes in housing demand.

Bank of Canada deputy governor: Canada needs more housing and we need to make housing supply more flexible to respond to increased demand.

Deputy Governor of the Bank of Canada: Rental inflation has reached its highest level in 40 years due to pressure from increased immigration.

Deputy Governor of the Bank of Canada: Since 2022, immigration has driven Canada’s potential output growth by 2-3%.

Deputy Governor of the Bank of Canada: The imbalance between supply and demand has a "serious impact" on the housing consumer price index.

Deputy Governor of the Bank of Canada: The improvement in CPI in October was only an isolated case in one month.

Bank of Canada deputy governor: Bank of Canada needs to see inflation "sustained" towards 2%.

EUR/USD stood at 1.08, up 0.34% on the day.

The U.S. dollar index DXY fell 0.50% on the day and is now at 103.62.

Market news: California is about to face a budget deficit of $68 billion.

COMEX silver futures fell 1.00% during the day and are currently trading at $23.99 per ounce.

According to the Wall Street Journal: Helen Toner, a former OpenAI board member, said in an interview that the goal of the firing of OpenAI founder Sam Altman was to strengthen OpenAI, and said the dismissal was due to a lack of trust.

Federal Reserve: In the third quarter, the annualized growth rate of household debt was 2.5%, the annualized growth rate of total non-financial debt was 5.2%, and the annualized growth rate of non-financial corporate debt was 1.5%.

U.S. household net worth fell by $1.312 trillion in the third quarter.

Azerbaijan said Armenia has agreed not to block Azerbaijan’s offer to host next year’s COP29 climate conference.