US NATGAS: US-CAN NatGas: Cross Border Flows

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• At 14:00 ET 19:00 GMT, President Donald Trump will meet the White House’s 2026 FIFA World Cup task force. At 18:00 ET 23:00 GMT, Trump will deliver remarks at the ‘McDonald’s Impact Summit,’ where he is expected to tout measures to support small businesses.
• The Trump administration appears to be moderating its tariff agenda and accelerating trade deals to ease rising prices.
• An Indian trade official said India and the US “could soon agree to address reciprocal tariffs” in the first part of an emerging trade agreement.
• Treasury Secretary Scott Bessent said he hopes to have the trade truce with China finalised by Thanksgiving and downplayed reports Beijing may not be fulfilling the terms of the agreement struck with Chinese President Xi Jinping last month.
• Senate Majority Leader Thune (R-SD) is expected to tee up votes on the next ‘minibus’ appropriations package before the Senate recesses on Thursday.
• House Speaker Mike Johnson (R-LA) will hold a vote this week on the discharge petition calling on the Department of Justice to release files related to Jeffrey Epstein.
• Advanced semiconductors, defence, and nuclear power are on the agenda for Saudi Crown Prince Mohammed bin Salman's Tuesday meeting with Trump.
• Trump told reporters on Sunday that he would be “OK” with the Senate passing legislation to ramp up sanctions on Russia. Trump said he’s considering talks with Venezuelan President Nicolás Maduro.
• Poll of the Day: Republicans got more from the government shutdown. 

Full Article: US DAILY BRIEF

• Oct YOY core CPI-median 2.9% from prior 3.1% and CPI-trim at 3% from 3.1%.
• Gasoline prices (-9.4%) slowed overall inflation but CPI ex food and energy quickened to 2.7% from 2.4%.
• YOY Food +3.4% vs prior 4%; shelter +2.5%.
• Oct grocery prices fell but remain high, exceeding inflation for nine consecutive months.
• Rent and passenger vehicles among the main contributors to CPI increase.
• Report is in line with BOC's view of inflation after last month's rate cut.

• CANADA OCT CPI 2.2% YOY, MATCHING FORECAST, PRIOR 2.4%
• CANADA OCT CPI EX FOOD & ENERGY 2.7% VS SEPT 2.4%
• CANADA CORE TRIM CPI 3% FROM PRIOR 3.1%, MEDIAN 2.9% FROM 3.1%
• CANADA INFLATION SLOWS YOY ON 9.4% FALL IN GASOLINE PRICES