investingLive Americas FX news wrap 10 Nov: It’s a Wrap. Hot US CPI puts a bigger Fed hike in play

US stock market close: Hot CPI leads to a selloffFed's Bowman: Persistent inflation, firming labor conditions suggest 'work to do'Nvidia falls another 6% and is now testing a key support zoneFed's Schmid: Some concerning trends in prices, underneath the whole energy storyBank of Canada minutes: Governing Council sees possible need to hike rates furtherU.S.

Treasury sells $42 billion of 10 year notes at a high yield of 5.02%ECB’s Lane says the bar for directional rate guidance is highEuropean stocks mostly higher as hot US CPI sends Treasury yields above 5%Iran's Rezaei: No negotiations currently taking place between Tehran and WashingtonBitcoin tests its 200 day moving average after hotter US CPI dataFed's Logan: It's clear that Fed needs at least two more quarter-point rate hikesUS 2-year yields surge as the market realizes the US has an inflation problemUS October core CPI +0.3% vs +0.2% expectedMorning Kickstart.

Oil slides as Waller puts a half-point hike in play.

Markets brace for CPIinvestingLive European news wrap: Fed's Waller floats case for 50 bps hike in DecemberOctober CPI was the story.

Headline inflation slowed from September, but both headline and core prices rose more than expected.

The core reading mattered most.

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