Day News Recap: Ukraine toll rises as Iran tensions, Europe bomb threats and global stocks slide
Ukraine said the death toll from a Russian strike on an aid distribution centre in the Zaporizhia region has risen to at least 50, with rescue teams still searching the site. The attack has become one of the deadliest recent strikes on civilians and aid workers in the war. 🔗In the Middle East, Iran stepped up diplomacy after Donald Trump suggested the United States could resume major strikes, while the White House weighed whether a new attack could still be avoided amid pressure after Republican election losses. Trump also sharpened his rhetoric, saying Iran would not be able to do... [Continue Reading]
360LiveNews Recap | 06 Nov 2026 18:29 LONDON
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Europe closes mixed as energy shock, precious metals rally and autos lag
Executive summary: European markets ended the session mixed, with the FTSE 100 and major continental benchmarks under pressure while CAC 40 outperformed. The sharpest move came in Brent crude, which fell more than 6.7%, while gold, silver, platinum and palladium all advanced strongly. FX was comparatively calm, with the euro and pound little changed against the dollar. The cross-asset picture points to a market still balancing growth concerns, commodity volatility and a rotation toward defensive and hard-asset exposure. [Continue Reading]
360LiveNews Markets Intelligence | 06 Nov 2026 16:45 LONDON
European markets open firmer as metals rally, energy eases and autos lag sharply
Executive summary: European equities opened higher, led by gains in Germany and France, while gold, platinum, palladium and natural gas advanced. Brent crude slipped, the euro and sterling edged up against the dollar, and global autos underperformed sharply. The move set points to a market that is rotating toward defensives and commodities linked to inflation hedging, while energy and cyclical auto exposure face pressure. [Continue Reading]
360LiveNews Markets Intelligence | 06 Nov 2026 08:15 LONDON
Qantas warns of fare rises and 4% domestic flight cuts as fuel prices stay elevated
Qantas has said it will raise fares and cut domestic capacity as it continues to face higher fuel costs linked to the Middle East war. The airline said domestic flights across Qantas and Jetstar will be reduced by a total of 4% in 2027. It also said it expects fuel prices to remain high through the new financial year.In a market update released on Friday morning ahead of its annual general meeting, the carrier said it would continue to adjust fares and capacity in response to higher fuel costs. Qantas said it expects fuel costs of A$3.8 billion for the... [Continue Reading]
360LiveNews | 06 Nov 2026 04:32 LONDON
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Day News Recap: Democrats seize Congress as Iran tensions, Ukraine diplomacy and markets swing
Democrats have taken control of both chambers of the United States Congress after a sweeping midterm result, a major setback for Donald Trump and Republicans that party leaders said would let them rein in the president. Trump said he may work with Democrats, while Republicans began a reckoning over the losses and JD Vance blamed the outcome on Iran war politics and ties to Israel. 🔗 🔗 🔗 🔗The result also reshaped the race for the White House and Congress in several states, with Democrats claiming a broader mandate and one of their gains coming in California's 22nd district, where... [Continue Reading]
360LiveNews Recap | 05 Nov 2026 18:32 LONDON
European Markets Close Higher as Metals Surge, Brent Slumps and Autos Lag
Executive summary: European equities finished higher across the board, led by France’s CAC 40 and supported by a sharp rally in precious metals. Gold pushed above $4,120 an ounce, silver also advanced, and platinum and palladium posted outsized gains. Brent crude fell sharply, while global autos underperformed, suggesting a market rotation that favored miners and defensive commodity exposure over energy-sensitive and cyclical names. [Continue Reading]
360LiveNews Markets Intelligence | 05 Nov 2026 16:45 LONDON
Oil falls below $100 as markets bet on possible Iran war de-escalation after U.S. midterm shift
Oil prices fell below $100 a barrel after Brent and West Texas Intermediate both dropped more than 8% in the previous session, as traders reacted to the Republican Party losing control of Congress in the U.S. midterm elections. The move reflected a growing market view that the political shift in Washington could increase the chances of a negotiated end to the war involving the United States, Israel and Iran. Brent closed at $94.62 a barrel and WTI at $88.12, both their lowest levels since 31 August.The decline came after the Republican defeat, which left President Donald Trump facing a Congress... [Continue Reading]
360LiveNews | 05 Nov 2026 12:29 LONDON
Breakfast News Recap: Democrats seize Congress as Ukraine diplomacy and Iran tensions intensify
Democrats have won control of both chambers of the United States Congress after a sweeping midterm result, a major setback for President Donald Trump and Republicans. Party leaders said they would use their new strength to restrain Trump, while the result also handed Democrats a series of key wins in swing states and districts. 🔗 🔗 🔗 🔗 🔗In California, Democrat Randy Villegas defeated Republican incumbent David Valadao in the 22nd congressional district, adding to the party's gains in the House. The broader result also prompted Trump to say he may work with Democrats, even as he renewed his push... [Continue Reading]
360LiveNews Recap | 05 Nov 2026 08:52 LONDON
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Europe Opens Higher as Oil Slumps, Gold Surges and Rate-Sensitive Assets Reprice
Executive summary: European equities opened firmly higher, led by France and broad gains across the region, as a sharp drop in Brent crude, a weaker dollar and a powerful rally in gold and other metals shaped early trading. The move points to a market that is pricing lower energy costs, stronger safe-haven demand and a softer macro backdrop for cyclicals, while autos lagged after the oil shock. [Continue Reading]
360LiveNews Markets Intelligence | 05 Nov 2026 08:15 LONDON
Trump moves to remove South Africa and Rwanda from Agoa trade programme
US President Donald Trump has notified Congress of his intention to remove South Africa and Rwanda from the African Growth and Opportunity Act, a preferential trade programme that allows eligible African countries to export thousands of products to the United States duty-free. The proposed change would take effect on 1 January 2027, according to the notice. The move affects two countries with already strained relations with Washington and could alter their access to a key trade arrangement.US Trade Representative Jamieson Greer said an annual review had found both countries were engaging in practices inconsistent with Agoa's eligibility requirements. He said... [Continue Reading]
360LiveNews | 02 Nov 2026 20:30 LONDON
