Indices S&P 5007,568.9 +0.36% NASDAQ 10028,180 +0.68% DOW51,787 −0.38% RUSSELL 2K2,812.4 +0.23% S&P FUT7,602.2 +0.37% NDX FUT28,396 +0.96% VIX20.83 −1.51% TSX35,532 −0.75% BOVESPA165,529 −1.42% MEXICO IPC70,143 +0.52% FTSE 10010,638 −1.14% DAX25,865 −0.45% CAC 408,020.3 −0.34% STOXX 506,144.6 −0.51% SMI14,743 −0.40% FTSE MIB49,942 −0.01% IBEX 3518,807 −0.79% AEX1,121.8 −0.95% OMXS303,284.4 −0.08% BIST 10011,024 +0.56% NIKKEI63,082 −0.33% HANG SENG23,526 +0.57% SHANGHAI3,608.1 −0.82% CSI 3004,008.9 −0.20% KOSPI5,648.8 −3.59% TAIEX43,308 −3.59% ASX 2008,886.8 +0.34% SENSEX76,918 +1.62% NIFTY 5023,811 +1.58% STI5,269.3 −0.65% FX DXY101.87 +0.12% EUR/USD1.1196 +0.04% GBP/USD1.3416 +0.07% USD/JPY158.73 +0.56% USD/CHF0.8209 +0.29% USD/CAD1.4007 +0.16% AUD/USD0.6968 −0.44% NZD/USD0.5613 −0.12% USD/CNH6.6700 +0.38% USD/TRY49.9870 +0.02% EUR/TRY55.9831 +0.10% GBP/TRY67.0707 +0.11% USD/MXN18.8331 +1.42% USD/BRL5.4911 +1.00% USD/INR94.73 −0.17% USD/ZAR16.6175 +0.12% USD/KRW1,344.6 −0.06% USD/SGD1.2814 +0.21% USD/HKD7.8466 +0.01% USD/SEK9.7916 +0.28% USD/NOK9.2801 −0.10% USD/PLN3.9426 −0.01% EUR/GBP0.8342 −0.02% EUR/JPY177.64 +0.55% EUR/CHF0.9187 +0.31% GBP/JPY212.94 +0.64% Yields US2Y4.63% +4.8bp US5Y4.76% +6.6bp US10Y4.97% +7.2bp US30Y5.33% +6.6bp DE2Y3.02% +0.7bp DE10Y3.33% +1.8bp GB2Y4.85% −0.5bp GB10Y5.25% −1.8bp GB30Y5.67% −3bp FR10Y4.95% +1.7bp IT10Y4.47% +1.3bp ES10Y3.93% +1.7bp CH10Y0.49% 0bp JP10Y2.77% −0.5bp CN10Y1.64% +0.6bp AU10Y5.11% +0.5bp CA10Y3.78% +2.9bp IN10Y7.30% −1.3bp BR10Y15.68% +26.5bp ZA10Y8.61% 0bp MX10Y9.25% −2.9bp TR2Y36.42% −36bp TR10Y33.14% 0bp Commodities GOLD$3,933.40 −0.91% SILVER$49.77 −2.20% PLATINUM$1,419.40 −2.41% COPPER$6.406 −2.46% BRENT$104.43 −0.32% WTI$96.80 +0.35% NAT GAS$2.906 +1.75% WHEAT598.75¢ −1.28% CORN441.50¢ −1.51% SOYBEANS1,213.50¢ −0.27% COFFEE284.05¢ −2.76% Crypto BTC$77,797 +1.27% ETH$2,292 +1.70% SOL$93.59 +1.82% XRP$1.28 +2.53% BNB$699.89 +0.22% DOGE$0.0754 +2.11% ADA$0.1905 +0.67% TRX$0.3227 +1.40% AVAX$8.52 +2.14% LINK$11.11 +0.14%
21:30 GMT · Markets wrap ›

Politics Wrap: Canada and China Extend Tariff Truce to 2028

Three-row politics wrap for 4 Nov 2026. Türkiye–South Korea trade: US$11.4B in 2025, US$8.7B in 9M 2026, US$15B target. NATO PURL: shortfall of about US$2B. Canada–China: tariff relief to end-2028, extended from original 31 Dec 2026 expiry.

Tariff relief between Canada and China, Türkiye’s defense and trade push in Seoul and a fresh NATO funding call for Ukraine arms set the politics tone for markets on 4 November.

MoneyTurkey Editors | Politics wrap, 4 November 2026

Key points

  • China and Canada extend tariff relief on farm and seafood goods, and steel and aluminum remission, to the end of 2028.
  • Türkiye and South Korea target US$15 billion in annual trade, up from US$11.4 billion in 2025.
  • The US plans to ask NATO allies to cover a roughly US$2 billion shortfall in the PURL Ukraine weapons scheme.

Latest developments

Canada-China Tariff Deal Extended to 2028

  • Relief on Canadian peas, canola meal, lobster and crab runs to the end of 2028.
  • Canada extends remission for certain Chinese steel and aluminum products to the same date.

Full article →

Erdoğan Seoul Trip Sets $15 Billion Trade Target

  • Türkiye-South Korea trade was US$11.4 billion in 2025 and US$8.7 billion in the first nine months of 2026.
  • Erdoğan said South Korea could partner in the planned Sinop nuclear plant.

Full article →

Erdogan Urges NATO Allies To Ease Defense-Trade Curbs

  • Erdogan called for lifting some restrictions on defense-industry trade among NATO members, Anadolu Agency reported.
  • Ankara and Seoul signed four memoranda covering science, technology, natural resources, energy and nuclear financing.

Full article →

US Pushes NATO Allies for More Ukraine Arms

  • Washington is preparing to ask allies to close a roughly US$2 billion PURL shortfall, as soon as November.
  • The Pentagon has kept weapons flowing even when allied payments lagged.

Full article →

For information only. Not investment advice.