Escalation of the Russia–Ukraine conflict.
- Oil prices rose 3.64% to $69.45, driven by the escalation of the Russia–Ukraine conflict.
- Germany’s Q3 economic growth slowed to 0.1% as a decline in exports offset gains in consumer and government spending.
- The United Kingdom’s inflation increased to 2.3% in October, fueled by higher energy prices and adjustments in regulator-imposed tariffs.