Commodities

Oil falls as Trump downplays prospect of escalation with Iran

Economic Times MarketsTuesday, 10 November 2026

Oil prices fell due to President Trump's announcement regarding US military action against Iran, easing supply concerns. Brent crude futures dropped to $92.33 per barrel while WTI futures reached $86.50. Trump stated he would maintain a naval blockade in the Strait of Hormuz temporarily. OPEC's oil output increased in October, supported by higher production from Saudi Arabia and Kuwait.

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Markets · 10 Nov 2026

Anthropic plans IPO live stream with Amodei, JPMorgan CEO Dimon

Anthropic PBC is preparing for a live-streamed event featuring CEO Dario Amodei and JPMorgan Chase CEO Jamie Dimon. This event is aimed at marketing their upcoming initial public offering, which might break records. The IPO is set to begin marketing shortly and is planned to debut before the Thanksgiving holiday. Anthropic is targeting an offering size similar to SpaceX's IPO, which raised significant funding.

Source: Economic Times Markets

Markets · 10 Nov 2026

Anthropic retracts details of $69 billion IPO filing sent to bankers. Why analysts are raising worries over valuations

Anthropic initially shared its IPO filing details but later retracted the information due to inaccuracies. The company aimed to sell approximately 867 million shares priced between $70 and $80 each. A follow-up email clarified that these pricing details were incorrect. Anthropic indicated that an updated filing would be provided later. The company has chosen not to provide further comments regarding the situation.

Source: Economic Times Markets

Bonds · 10 Nov 2026

RBI said to query bank valuations of some bond derivative trades

India's central bank has informed some lenders about the need to adjust bond forward accounting practices. This change could impact billions of dollars in assets across the banking sector. The Reserve Bank of India suggested using Level 3 inputs for valuing bond-forward trades during recent audits. Banks have been in discussions with industry associations and clearinghouses for potential solutions and better pricing information.

Source: Economic Times Markets