Daily report
Monday 2 November 2026
4 stories
Published 07:05 CET
Monday opens on the Binance withdrawal test and Iran strike risk after the midterms, with Apple after today's close and payrolls on Friday.
Market snapshot
Calendar
- 2 NovMarriott International earningsEPS $2.87 · EPS $2.47 a year ago
- 2 NovISM Manufacturing PMI54.7 · 54.5
- 2 NovApple Inc. earningsEPS $1.98 · EPS $1.85 a year ago
- 2 NovPalantir Technologies Inc. earningsEPS $0.33 · EPS $0.18 a year ago
- 2 NovVertex Pharmaceuticals Incorporated earningsEPS $4.36 · EPS $4.22 a year ago
- 3 NovAMD reports
- 4 NovArm and Qualcomm report
- 6 NovUS payrolls for October
Today’s stories
Open a story for context and sourcescryptoHot$3.64B leaves Binance as withdrawals restart$3.64B left Binance in the 9.5 hours after withdrawals restarted on Sunday, while spot bitcoin ETFs recorded $643.2M of net outflows on Friday
What happened
Binance processed $4.65B of withdrawals and $1.01B of deposits in the first 9.5 hours after withdrawals restarted, a net outflow of about $3.64B, according to the exchange. US spot bitcoin ETFs recorded $643.2M of net outflows on Fri 30 Oct, their largest since 25 June, while ether ETFs recorded about $155.7M of net outflows. Bitcoin traded near $78,600 in Asia on Monday.
What it means today
Binance withdrawals are open again, so the crypto perps price the outflows around the clock; the 15:30 CET US open brings the first ETF flows since the restart. The crypto perps on the account trade 24/7 through the test of the largest exchange's backing, with BTC and ETH funding at 0.00125% an hour.
Running story: The Binance hack · since 30 Oct
commoditiesHotNetanyahu presses Trump on an Iran strike after midtermsNetanyahu is pressing Trump to strike Iran right after Tuesday's US midterms, while Trump wants talks to play out, and OPEC+ held its December targets
What happened
OPEC+ kept December targets steady on Sunday while Gulf members still pump well below them, per CNBC; Brent settled at $117.64 on Friday, its highest since April, and WTI futures at $104.12. The WTI perp is 100.58 (-2.26% over 24 h).
What it means today
Midterm results land Wed in Asian hours, the window Netanyahu wants for an Iran strike; Iran headlines reach the WTI perp at any hour before the 15:30 CET US open. Oil feeds the rate-hike odds, so a strike or a deal moves the WTI perp, gold and the index perps on the account at hours when the cash market is shut.
Running story: Gulf oil supply · since 2 Oct
equitiesApple reports tonight as futures bounce from AI selloffApple reports after today's US close, with S&P 500 futures up 0.5% and Nasdaq-100 futures up 0.9% after a losing week, per CNBC
What happened
The Nasdaq fell 2% last week and logged its worst month since March 2025 after Alphabet and Microsoft posted lower-than-expected capex forecasts, per CNBC. Stocks bounce as Apple's results near, per Reuters, and the FT says the global AI selloff eased. The Nasdaq 100 perp is 28677 (+0.53% over 24 h).
What it means today
Apple, Palantir and Vertex report after the 22:00 CET close and Marriott before the 15:30 CET open; the Nasdaq 100 perp prices Apple's numbers overnight. Apple's report lands after the US close, so the Nasdaq 100 and S&P 500 perps on the account price it hours before the next cash open.
Running story: AI earnings week · since 26 Oct
Sources
macroMidterms and payrolls test 73% December hike oddsMarkets price about a 73% chance of a December Fed hike into a week of the US midterms on Tuesday and payrolls on Friday, per FXStreet
What happened
CME FedWatch puts a December hike at about 73% after the Fed held in October, per FXStreet, with Middle East tensions, US jobs data and the midterms ahead. Gold rebounded to near $3,895 after a low of $3,870, and the gold perp is 3918.4 (+0.78% over 24 h).
What it means today
ISM manufacturing at 16:00 CET is the week's first US data on hike odds; the midterms vote Tue with results Wed in Asian hours, and payrolls follow Fri 14:30 CET. Hike odds set the price of gold, treasuries and the yield products on the account, and the election result lands while only the 24/7 perps trade.
Running story: The US midterms · since 2 Nov