Economics

Unemployment in Canada rose to 6.7% in October 2026, with employment declining for the third consecutive month. The economy lost 4,700 jobs in the month and 45,900 since the beginning of the year. Against this backdrop, traders have lowered expectations for a rate hike by the Bank of Canada.

On November 4, gold returned above $4000 per ounce, gaining over 2.5%, while silver rose by more than 4%. The market reacted to the weakening dollar and declining U.S. bond yields following the midterm elections. We analyze why metals recovered after a tough October and what factors influence future quotes.

Xiao Yuanzi, Deputy Head of the National Financial Regulatory Administration of China, stated that global investments in AI are overly concentrated: this raises borrowing costs for companies outside the tech sector. He suggested that regulators prepare risk management mechanisms.

In October, over $2 trillion was wiped from the Nasdaq 100 amid doubts about AI returns. Intel fell by 28.6%, and three out of four hyperscalers reported negative free cash flow. The IMF warns of risks to vulnerable economies.

Senior Economist at BMO Capital Markets Jennifer Lee believes that the decline in AI company stocks could cool down data center construction and assist the Fed in combating inflation. This creates two opposing effects for cryptocurrencies.

Despite South Korea's GDP growth of 1.0%, the KOSPI index has decreased by 8.5% over the past three months. Economic factors analysis.

The Egyptian government has restored 815 feddans of land in Alamein from January to October 2026 for over 20 billion Egyptian pounds.

Goldman Sachs compared the first workers who lost their jobs due to AI to victims of past waves of automation. They take about a month longer to find new employment and are 10 percentage points more likely to remain unemployed a year later. Workers aged 35 and older face the most challenges.

Alphabet's advertising grew at the slowest pace in five quarters, while Amazon showed the weakest e-commerce growth in three years. The Nasdaq 100 is down 3.3% for the month compared to +5.7% for the equal-weighted S&P 500. Alphabet has wiped out nearly $500 billion in market capitalization.

According to options market data compiled by Bloomberg, shares of Cloudflare Class A may move by 11% following the quarterly earnings report on November 5. In 3 out of the last 8 instances, the actual movement exceeded options expectations. At the time of publication, the stock is down 3.83%.