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Newsquawk Staff · 10 Nov 2026, 07:20 UTC

What our morning note said

EU Market Open, 10 Nov, 06:50 UTC · what it led with

US President Trump said he had an excellent conversation with Qatar's PM and that US military action against Iran seems unlikely at this point; reports suggest a Qatari-Pakistani proposal has revived US-Iran negotiations.
APAC stocks traded higher as the tech rebound continued following Wall St's broad rally; European equity futures point to a positive open.

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"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%
Qatari mediators expect feedback from the US and Iran within 36 hours on a new proposal to advance talks, according to an official briefed on the talks cited by Reuters.
WTI crude−1.6%

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