Rates and jobs
The RBA raised its cash rate target to 4.85% on November 3 by a 6–3 vote. The Bank of England lifted Bank Rate to 4% on November 5, with one member preferring a larger move. On November 6 the US reported 165,000 added payroll jobs and 4.1% unemployment, while Canada reported little employment change and 6.7% unemployment. Together the releases show different combinations of demand and inflation pressure. RBA · Monetary Policy Decision ↗ Bank of England · MPC minutes ↗ BLS · Employment Situation ↗ Statistics Canada · Labour Force Survey ↗
Market access and settlement
The SEC announced changes to small-entity definitions for the RFA on November 4. A day later the CFTC published its DCM access interpretation and staff guidance on DCO settlement through trust companies. The materials serve different purposes as adopted amendments, a commission interpretation and a staff no-action letter. SEC · Small Entity Definitions ↗ CFTC · Impartial Access Requirements Interpretation ↗ CFTC · Trust Companies for Daily Settlements ↗
Technical reading from the four desks
This edition also explains MuSig2, ERC-7802, Ethereum request and attestation changes, and Kalshi and Polymarket API states. These are technical reading guides. For the next review, track released facts, market expectations and timestamped price reactions separately.
Articles in this edition
Forex
- US payrolls rose by 165,000 in October 2026
- Bank of England raises Bank Rate to 4% in an 8–1 vote
- RBA lifts the cash rate to 4.85% in a 6–3 vote
- Canada’s unemployment rate climbs to 6.7% in October
Crypto
- Bitcoin MuSig2 explained through two signing rounds
- ERC-7802 defines an interface for cross-chain token minting and burning
- EIP-7685 explains Ethereum’s execution request commitment
- Why Ethereum EIP-7549 moves the attestation committee index
Brokerage
- CFTC interprets impartial access rules for designated contract markets
- CFTC staff addresses trust companies in DCO daily settlement
- SEC updates its small-entity definitions for RFA analysis
- DORA Articles 24 and 25 guide resilience testing
