Pre-market rebound in US cloud-computing names: CoreWeave +6.9%, Nebius +7.2%; Roundhill Neocloud ETF +6.9%.

Foreign media report markets expect a de-escalation of conflict with Iran after Trump’s party suffered midterm losses, pushing Brent futures toward a roughly 12% weekly decline and WTI toward about 12.1%. Conflict-driven Middle East supply concerns, however, continue to underpin prices. On Friday both U.S. crude and Brent futures rose; ANZ said traders viewed Wednesday’s sell-off as overdone, prompting a rebound.

US dollar index fell 0.02% to 101.546 at the New York FX close. EUR/USD 1.1225, up from 1.1223; GBP/USD 1.3459, down from 1.3468; USD/JPY 157.85, down from 158.49; USD/CHF 0.8165, down from 0.8172; USD/CAD 1.3998, up from 1.3972; USD/SEK 9.7948, up from 9.7435.