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Brent crude oil rose above $95 a barrel, up 1.18% on the day.

2026-11-05

Brent crude oil rose above $95 a barrel, up 1.18% on the day.

Other News
2026-11-05

Bank of England Governor Bailey: I don’t think we acted too late.

Bank of England Governor Bailey: I don’t think we acted too late.
2026-11-05

European equities extended a run of outperformance, with the pan‑European STOXX 600 up 0.5% to clear its August high and record a fresh closing high. Miners and consumer goods led gains as investors rotated out of AI trades into defensive sectors ami

European equities extended a run of outperformance, with the pan‑European STOXX 600 up 0.5% to clear its August high and record a fresh closing high. Miners and consumer goods led gains as investors rotated out of AI trades into defensive sectors amid a strong earnings season; healthcare and consumer staples also attracted flows. Greater clarity from the US midterms lifted risk appetite earlier in the week and the index jumped on Wednesday, while international oil prices fell below $100/bbl, providing additional support. Since early October the STOXX has outperformed the MSCI All‑Country World Index and looks set for its best quarterly relative showing since Q1 2025. Market attention now turns to how US midterm outcomes could affect the Iran conflict and tariff policy, and whether US policy shifts might boost renewables and weigh on AI‑related trades.
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