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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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Ceasefire Chaos: Russia and Ukraine Exchange Blame Over Infrastructure Attacks

In the aftermath of a high-profile phone call between Russian President Vladimir Putin and U.S. President Donald Trump, tensions between Russia and Ukraine have escalated further. The two nations have traded accusations of launching infrastructure attacks, despite an agreement to temporarily halt strikes on energy facilities.

The call, which aimed to establish a limited ceasefire, saw Putin agreeing to pause attacks on Ukrainian energy infrastructure. However, the ceasefire fell short of the 30-day truce proposed by Trump. Ukrainian President Volodymyr Zelenskyy had initially supported the broader ceasefire but later endorsed the limited agreement.

Hours after the call, reports emerged of drone strikes and missile attacks targeting civilian and energy infrastructure in both countries. Ukrainian officials claimed that Russian forces launched over 40 drones, damaging hospitals and homes in regions like Sumy and Kyiv. Meanwhile, Russian authorities accused Ukraine of sabotaging the ceasefire by targeting an oil depot in the Krasnodar region.

The situation underscores the fragility of ceasefire agreements in the ongoing conflict, with both sides accusing each other of undermining peace efforts. As the international community watches closely, the path to a lasting resolution remains uncertain.

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