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5 Things to Know Today: US CPI, BoC Minutes, Oil Below US$90 (Nov. 10)

  Tuesday, November 10, 2026. U.S. inflation data, Bank of Canada minutes and a sharp slide in oil headline your morning. Here is what matters for your wallet. 1. US inflation report lands at 8:30 a.m. ET Economists expect October U.S. consumer prices to rise 0.3% from September, slower than the 0.6% jump the month before, with core prices up 0.2%. There will be no annual rate this time because last year's government shutdown left a gap in the October 2025 data. Strong U.S. jobs numbers on Friday have already pushed the odds of a Fed rate hike on December 9 above 65%. What it means for you: U.S. rate expectations move Canadian bond yields, which set fixed mortgage rates, and they swing the loonie. A hot reading could push yields higher; a cool one could give borrowers a little breathing room. 2. Bank of Canada releases its rate-hike minutes at 1:30 p.m. ET The central bank publishes its summary of deliberations on the October 28 decision, when it raised its policy rate by a qua...
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World Court Orders Israel to Address Gaza Famine: Urgent Measures Required

In a unanimous ruling, the International Court of Justice (ICJ) has ordered Israel to take immediate and effective action to ensure that basic food supplies reach the Palestinian population in Gaza without delay. The situation in Gaza has reached a critical point, with worsening conditions of life, famine, and starvation spreading among the population.

The ICJ’s order comes in response to a request by South Africa, which is part of an ongoing case accusing Israel of state-led genocide in Gaza. The court had previously ordered Israel to refrain from acts that could fall under the Genocide Convention and to prevent genocidal acts against Palestinians in Gaza. Now, the court has reaffirmed those measures and added new requirements.

Key Measures Ordered by the ICJ:

  1. Unhindered Provision of Basic Services: Israel must ensure the uninterrupted provision of essential services, including food, water, electricity, and medical supplies to Palestinians throughout Gaza.

  2. Increased Capacity and Number of Land Crossings: The court specifically calls for Israel to increase the capacity and number of land crossing points, keeping them open for as long as necessary. This move aims to facilitate the efficient transfer of humanitarian aid.

  3. Reporting Requirement: Israel is required to submit a report within a month detailing how it has implemented the court’s ruling.

The urgency of this situation cannot be overstated. The people of Gaza are facing not just a risk of famine but an actual crisis. The ICJ’s ruling emphasizes the need for immediate action to prevent further suffering and loss of life.

As the international community watches, Israel’s compliance with these orders will be closely monitored. The hope is that these measures will alleviate the suffering of the Palestinian population in Gaza and prevent further tragedy.


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