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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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Tragedy Strikes as Tropical Storm Trami Devastates the Philippines

 

The Philippines is reeling from the devastating impact of Tropical Storm Trami, which has caused massive flooding and landslides, leaving at least 126 people dead or missing. The storm, which struck the northern regions of the country on Thursday and Friday, has displaced over 500,000 residents and isolated numerous communities.

President Ferdinand Marcos addressed the nation on Saturday, expressing deep sorrow over the loss of life and the ongoing struggles faced by those affected. “Many areas remain isolated, and rescue operations are still underway,” he stated, highlighting the urgent need for aid and support in the hardest-hit regions.

The storm’s relentless rains triggered landslides that buried homes and infrastructure, complicating rescue efforts. Emergency services are working tirelessly to reach those trapped and provide essential supplies to survivors. The government has mobilized all available resources to assist in the rescue and recovery operations.

As the nation mourns, the international community has begun to offer support, with neighboring countries and global organizations pledging aid to help the Philippines recover from this catastrophic event.


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