星球日报|Nov 11, 2026 13:14
[QCP Capital: Falling Oil Prices Ease Pressure for Interest Rate Hikes, But Uncertainty Remains Regarding the Iranian Situation and Central Bank Policies]
Odaily Planet Daily reports that QCP Capital released a macro market analysis report, noting that Trump has temporarily suspended a new round of military strikes against Iran but will continue the blockade. Following a meeting with the Qatari Prime Minister on November 9th, Trump stated a temporary halt to military action, but significant differences remain between the two sides, and no agreement has been reached. Brent crude oil settled at $92.57 per barrel, down 5.85% on the day, and subsequently declined further, falling approximately 18% from its October 30th level.
Regarding global monetary policy, the Reserve Bank of Australia raised interest rates to 4.85% by a 6-3 vote, but removed its policy inclination to raise rates further if necessary; the Bank of England raised rates to 4% by an 8-1 vote. The Bank of Canada and the Bank of Japan maintained their interest rates, but market pricing for these rates has been somewhat lowered. In Canada, employment fell by 4,700, below market expectations of a 14,000 increase; Japan's Nikkei 225 index fell 6%, and the yield on Japanese 2-year government bonds dropped 12.8 basis points.
Regarding the AI industry, the US Democratic Party won both houses of Congress and five gubernatorial seats. It is estimated that 59% of the planned data center capacity in the US will face new restrictions or higher approval thresholds.
In the crypto market, Strategy bought 1,036 BTC for $81.9 million, while simultaneously repurchasing $188.3 million worth of STRC preferred stock. The repurchase amount was approximately 2.3 times its Bitcoin purchase expenditure, funded by the sale of $283.8 million worth of MSTR stock. Furthermore, from November 2nd to 6th, Bitcoin spot ETFs saw a net outflow of $1.2324 billion.
QCP Capital concluded by stating that whether the decline in oil prices can continue to alleviate pressure for interest rate hikes, or whether the deadlock in Iran negotiations will reignite inflation risks and prompt the Bank of Canada and the Bank of England to resume interest rate hikes, remains a key issue for the market to watch.
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