Brazil's central bank governor said Brazil's debt is mostly denominated in Brazilian reais, but that does not mean those who choose to finance it are exempt from bearing opportunity costs.

Energy: 1. Major Saudi shipping companies are coordinating with the US military to send multiple oil tankers through the Strait of Hormuz. 2. Iraqi Prime Minister: Plans are in place to increase daily oil production to 7 million barrels by 2030 and to 10 million barrels by 2032. 3. The Kurdistan Region stated that Iraqi Prime Minister Zaidi has approved the supply of the required amount of liquefied gas to the region until production resumes at the Kurm gas field. 4. General Administration of Customs: From January to October, China imported 99.215 million tons of natural gas; 27.154 million tons of refined oil products; and 399.895 million tons of crude oil. 5. Kazakhstan's Ministry of Energy: Kazakhstan plans to increase its oil exports by approximately 4% to 79 million tons by 2027. Other: 1. Singapore launched a central bank gold custody service; the current maximum vault capacity is 500 tons, which can be expanded according to demand. 2. The Zimbabwean government maintains its January 2027 deadline for ending lithium concentrate exports. 3. Chilean Central Bank: October copper exports totaled $5.409 billion, and lithium exports totaled $336.35 million. 4. Citigroup: We maintain a neutral view on the aluminum market overall and maintain our target price of $3,000/ton for aluminum over the next three months. 5. India's Directorate General of Foreign Trade: Revised India's policy on exports of fragrant rice and non-fragrant rice to European countries. 6. Sources: Due to concerns about project feasibility, US government lending agencies do not intend to approve $1.6 billion in financing for a Kazakhstan mining project led by the Trump administration. Trump's son is an investor in the project. 7. General Administration of Customs: From January to October, China's rare earth imports were 85,250.1 tons; iron ore and its concentrate imports were 1,060,554,000 tons; and soybean imports were 93,479,000 tons.

U.S. stocks rallied, with the Nasdaq 100 turning positive and erasing a 1.3% loss, while the Dow Jones Industrial Average and S&P 500 narrowed their losses to 0.3% and 0.17%, respectively.