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Market News.What moved, why, and what comes next.

Earnings, central banks, elections, oil, gold and the data that moves markets, summarised by the Prime Terminal Market Desk. Every update ends with the dates to watch.

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A US Marine watches over the deck of the Iranian-flagged oil tanker Celestial Sea during a boarding at sea.Commodities5 Nov 20267 min readOil drops 7% on US-Iran talks. Gold slides as yields stay high.Oil fell more than 7% on US-Iran talk hopes, then held near $103 Brent after US strikes on Qeshm. Gold slipped below $3,930 as yields and the dollar rose.
Workers load packages at an Amazon delivery station.Macro5 Nov 20266 min readOctober payrolls arrive on weak hiring. The Fed is still leaning to a hike.October payrolls are due Fri 6 Nov at 8:30 ET. Consensus sees about 60-65K jobs and 4.2% unemployment, with a December Fed hike still heavily priced.Customers line up outside Apple Fifth Avenue in New York on iPhone 18 launch day.Earnings4 Nov 20266 min readApple beat on sales. The margin guide sank it.Apple beat on revenue and EPS with a record iPhone quarter, then fell 1.9% after guiding margins to 45-46% as memory costs rise. The numbers and what's next.
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