Briefings, Wednesday, 4 November 2026

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

Daily Wrap: Oil sinks 8.9% and stocks rally as the midterm sweep hits the dollar; BoE up next

The Democrats' midterm sweep set the day.

New York Open: Dollar sits near its lows into ADP and ISM Services as stocks turn higher

The US calendar leads. ADP is due at 13:15 UTC (f/c 69K, prev 90K), the S&P Global Composite PMI at 14:45 UTC (f/c 57.6) and ISM Services at 15:00 UTC (f/c 54.8, prev 54.9; Prices Paid prev 74).

London Open: Democrats sweep Congress: dollar slides, gold back above $4,000

Democrats won both the House and the Senate (52 seats).

Asia Open: Midterm count begins; yen weakest major as USDJPY holds above 158.60

US midterm results have been coming in since about 23:00 UTC with no decisive FX move yet.