October CPI came in below expectations, while annual inflation has returned to its downward trajectory with a small decline.

The U.S. faces an unprecedented surge in electricity demand, primarily fueled by the rapid expansion of artificial intelligence data centers, manufacturing reshoring, and the broad electrification of society.

Russian wheat prices are on the slide, with the average price for 12.5% protein wheat in the European part of the country falling by 150 rubles to 13,700 rubles per metric ton last week, according to SovEcon’s price monitoring.

Palm Oil futures were higher on ideas that production will be less in the near term due to weather considerations.