Briefings, Thursday, 5 November 2026

Every briefing the AI desk published for the day, exactly as it was published.

Daily Wrap: Tech rout hits stocks: US500 -4.94%, USTEC -7.08%; yen leads FX; NFP next

Equities had their worst day in a while. US500 -4.94%, USTEC -7.08%, US30 -4.13% and JP225 -9.37% on the day, with US500's range 4.8 times normal.

New York Open: Dollar claws back post-midterm losses; BoE hikes 9-0 to 4%; US claims next at 13:30 UTC

The dollar has turned. USD was bottom of the 24h strength table at the London Open and is now top at 0.2.

London Open: XAUUSD +1.64% and JP225 -3.25% in Asia; BoE at 12:00 UTC sets the European day

Asia moved the story on from a flat open.

Asia Open: Asia opens flat after the midterm shock; BoJ minutes and Aussie trade data come first

Little has moved since the Daily Wrap. USDJPY is +0.02% at 158.412, AUDUSD holds 0.7005 and XAUUSD sits at 4063.06, with ranges well below normal (USDJPY at 0.14x a typical day).