ECB Governing Council member Nagel: Germany’s growth is stable this year and is expected to improve slightly next year.

ECB Governing Council member Nagel: Reducing debt in countries with high debt is important for everyone.

JPMorgan Chase (JPM.N): Long the Turkish lira through a 6-month forward contract.

British government bonds continued their decline, with the 30-year government bond yield rising 10 basis points to 4.64%.

Argentinian blue-chip swap rates fell to 1,000 pesos to the dollar.

Boeing (BA.N) shares rose 1.5% to a session high after the company said it received type inspection authorization from the U.S. Federal Aviation Administration (FAA) for the Boeing 737 Max 10 aircraft.

Boeing (BA.N): The U.S. Federal Aviation Administration has approved Boeing to begin certification flight testing of the 737 MAX 10 aircraft.

OPEC+ sources said Russia and Saudi Arabia had agreed to postpone the meeting due to unresolved issues with some other oil producers.

Indian Finance Minister: The G20 meeting discussed that countries can develop their own templates to deal with cryptocurrency risks.

Indian Finance Minister: (At the G20 meeting) Many multilateral banks cooperate with each other to innovate financing.

Market News: The Bulgarian Parliament voted to approve an agreement between the Bulgarian Ministry of Interior and the Ukrainian Ministry of Defense for Bulgaria to provide Ukraine with old armored personnel carriers.

According to Ukrainian Pravda: The 17th Ukraine Defense Contact Group meeting started online, with about 50 countries participating. U.S. Defense Secretary Austin urged the panel to provide Ukraine with air defense capabilities.

According to the Times of Israel: Lebanese Hezbollah said it plans to participate in the ceasefire, although it is not part of the agreement.

According to CNN: Sources say David Barnea, the head of the Israeli intelligence agency Mossad, is in Doha today. It was previously reported that Banea and CIA Director Burns met with the Qataris in Doha to discuss hostage negotiations.

Agency comments on EIA data: Overall U.S. distillate inventories fell to the lowest level since May 2022, due to a sharp decline in East Coast inventories to the lowest level since October 2022. Total distillate inventories are at record lows due to seasonal factors. This should provide some support to the fuel market heading into the winter heating months.

Reuters poll: 44 of 80 respondents said value stocks will outperform growth stocks over the next six months.

U.S. diesel futures pared losses.

U.S. Energy Information Administration (EIA): U.S. refined oil inventories fell last week to the lowest level since May 2022.

U.S. Energy Information Administration (EIA): U.S. East Coast refined oil inventories fell last week to their lowest level since October 2022.

Agency comments on EIA data: U.S. crude oil inventories jumped nearly 9 million barrels, reaching the highest level since July. Oil prices have been hit hard as OPEC members decided to postpone a meeting amid signs of tension in negotiations.