Global financial markets faced renewed pressure as disappointing technology earnings reignited concerns over AI investment returns, triggering sharp declines in US equities. The Federal Reserve held interest rates steady but signaled that persistent inflation could require further tightening, adding uncertainty to the monetary policy outlook. Meanwhile, escalating Middle East tensions kept oil markets volatile, with Brent surpassing $117 per barrel. A record $6.3 billion crypto breach reported by Binance further weighed on risk sentiment, while global bond issuance reached unprecedented levels amid growing demand for AI infrastructure financing.

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The full briefing

Market Insights executive briefing of 2 November 2026: key takeaway, need to know, offshore lens, macro, energy markets, chart of the week, cross-asset dashboard and events calendar
Market Insights, executive briefing, 2 November 2026. Tap the page to open the PDF.

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