German Factory Orders (Sep MM) 4.4% vs. Exp. 4.8% (Prev. -10.6%)

Newsquawk Staff · 5 Nov 2026, 07:20 UTC

What our morning note said

EU Market Open, 5 Nov, 06:44 UTC · what it led with

US President Trump said it was "largely true" that Republicans lost the midterms because of the Iran war, while he said he is not replacing War Secretary Hegseth.
DXY remained subdued post-Midterms alongside lower yields; USTs and Bunds extend gains as lower oil eases inflation concerns.

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Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)
AUD/USD−0.3%
"We are interested in the diplomatic track, but without making concessions", Al Arabiya citing an Iranian diplomatic source.
WTI crude+0.8%
"Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday", Al-Araby Al-Jadeed reports citing sources close to the mediation team.
WTI crude−3.6%

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