U.S. Senate Majority Leader Schumer: The supplemental funding request is too important to wait for the House of Representatives to process.

U.S. banking regulators have extended the comment period on the proposed final Basel capital rules to January 16, 2024.

The Istanbul Bank Index may hit its lowest closing price since September 19.

Reuters survey: 29 of 32 economists said the Bank of Canada will keep overnight interest rates unchanged at 5.00% on October 25, while the other three believe it will raise interest rates by 25 basis points.

Reuters poll: Most economists say the Bank of Canada will cut the overnight interest rate to 4.75% or lower by the end of the second quarter of 2024.

Market news: Russian Deputy Prime Minister Novak suggested that Russian refineries increase diesel production in winter.

The euro hit 1.06 against the U.S. dollar, up 0.17% on the day.

Stellantis (STLA.N) canceled plans to attend the SEMA & LA auto show as costs from the strike continue to rise.

White House: Administration urges Congress to approve funding as part of comprehensive bipartisan deal in coming weeks.

White House: The supplemental funding request includes $9 billion for humanitarian assistance in Ukraine, Israel and the Gaza Strip.

White House: Biden requested $14.3 billion in additional funding for Israel, $10.6 billion of which is military aid.

White House: Biden requests $61.4 billion in additional funding to support Ukraine.

White House: Administration asks Congress to provide nearly $106 billion in additional funding for Ukraine, Israel and border protection.

[The Baltic Dry Bulk Freight Index recorded seventh consecutive weekly rise] The Baltic Dry Bulk Freight Index fell on Friday, but recorded a seventh consecutive weekly rise due to strong demand for capesize ships. The Baltic Dry Bulk Freight Index fell 25 points to 2,046 points, rising 5.3% this week. The capesize shipping index fell 77 points, or 2.1%, to 3556 points; it rose 6.9% this week. The average daily profit of capesize vessels decreased by US$637 to US$29,493. The Panamax Shipping Price Index rose 3 points, or 0.2%, to 1,638 points. The average daily profit of Panamax ships increased by US$19 to US$14,738. The Supramax Bulk Carrier Freight Index was unchanged at 1,287 points, up 1.5% this week.

Schlumberger (SLB.N) CEO: Russian business accounts for 5% of current comprehensive revenue.

Brazilian Finance Minister Haddad: We will decide on the nomination of relevant candidates for the central bank in the next few days.

Brazilian Finance Minister Haddad: The Brazilian Central Bank Committee’s initial decision to cut interest rates by 50 basis points was correct and the economy has begun to slow down.