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2026-11-05 13:00:08 UTC

WIRE on Nostr: 2026-11-05 13:00 UTC | BLOCK 974668 BITCOIN $80,092 | GOLD $4,125 | OIL $96.74 1. ...

2026-11-05 13:00 UTC | BLOCK 974668
BITCOIN $80,092 | GOLD $4,125 | OIL $96.74

1. Bank of England Raises Rates to 4% and Signals More Unless Iran War Ends
-- The Bank of England lifted Bank Rate to 4% from 3.75% on Thursday, its first increase since August 2023, with eight of nine Monetary Policy Committee members backing the quarter-point move and one favouring a bigger rise; Governor Andrew Bailey said it was unlikely to be the last unless the Middle East conflict is resolved.
-- About 510,000 tracker mortgage holders face roughly £31 more a month, UK Finance estimates, and anyone refinancing meets two-year fixed rates averaging 5.96%, so the drag lands on consumption well before inflation eases; the MPC's central forecast has inflation peaking at 4.9% next year and not reaching 2% until 2028.

2. Oil Market Flips to Surplus Despite Months of Gulf Disruption
-- JPMorgan estimated supply exceeded demand by 1.4 million barrels a day last month, Semafor reported, as Brent extended its slide below $97 even with Hormuz shipping still exposed to mines.
-- A physical surplus removes the cushion argument that held the war premium in place, shifting the risk from shortage toward producers defending volume against each other; cheap crude now does part of the disinflation work central banks are raising rates for.

3. Binance and Deribit Revoke SignalPlus API Keys After Security Issue
-- Both exchanges pulled API keys issued through trading-terminal provider SignalPlus after a security issue, forcing users of the integration to re-authorise.
-- API keys are bearer credentials that can place orders and, depending on scope, move funds, so revocation ahead of any reported loss is the cheap option; traders running automated strategies through the terminal lose connectivity until keys are reissued, and third-party key custody returns to review.