Wednesday, November 4, 2026

Global markets are on edge as Americans vote in the US midterm elections, driving volatility across the S&P 500, Nasdaq 100, and DXY. In Australia, the RBA hiked its cash rate by 25 basis points to an 18-year high of 4.85%, pressuring the ASX 200 and AUD. Meanwhile, easing US-Iran geopolitical tensions sent Brent Crude tumbling to $96 per barrel, lifting European indices like the DAX 40 and CAC 40. In crypto, Bitcoin and Ethereum faced heavy selling pressure, with BTC slipping toward $76,400 following massive ETF outflows.