The Bank of England's MPC voted 7 members in favor of keeping interest rates unchanged.

Central 1 Credit Union in Canada anticipates that the Bank of Canada may only raise interest rates twice during the current tightening cycle, with the first hike expected to occur early next year, which is significantly less aggressive than current market pricing suggests. Central 1 economist Bryan Yu stated that Canada is currently experiencing a period of high uncertainty, with the economic outlook rapidly evolving. The sharp rise in U.S. and Canadian bond yields, the impact of tariffs, and drastic fluctuations in oil prices have all increased the difficulty of policy decisions. Yu pointed out that Canada’s core inflation remains close to 2%, and due to trade uncertainties, economic growth may slow by the end of 2026. Meanwhile, elevated bond yields could also suppress the recovery of the real estate market, thereby limiting both the necessity and room for the Bank of Canada to further tighten monetary policy.

The CEO of Syria's oil company stated that they hope to begin construction of the oil pipeline from Iraq to Syria in the first quarter of 2027.