US ISM Services PMI rose less than expected in November
Source Fxstreet
According to the Institute for Supply Mangement (ISM), the Services PMI eased to 52.1 in November, coming in short of estimates at 55.5 and markedly lower than October’s 56 reading.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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As of the Asian session on Thursday (November 5), gold prices (XAUUSD) extended yesterday's strong rebound, standing above $4,100 intraday today and reaching a high of $4,138.06, up more
NAB's 13% profit fall was mostly accounting — the bad-debt line wasn'tNAB's full-year cash earnings fell 13% to A$6.1bn, about 4% below Macquarie's forecast. A A$1.3bn software amortisation charge did most of that; excluding it, earnings were flat at A$7.1bn and the dividend was held at A$1.70. The shares fell as much as 7.9% to A$37.91 before trading 6.19% lower at A$38.62 in Sydney.
NAB's full-year cash earnings fell 13% to A$6.1bn, about 4% below Macquarie's forecast. A A$1.3bn software amortisation charge did most of that; excluding it, earnings were flat at A$7.1bn and the dividend was held at A$1.70. The shares fell as much as 7.9% to A$37.91 before trading 6.19% lower at A$38.62 in Sydney.
The Dow's 1,569-point day was a rotation, not a breakoutThe Dow jumped 1,569.40 points (+3.03%) to 53,356.12 — its best post-midterm session in 44 years — while the Nasdaq Composite added just 1.44%. Equal-weight S&P versus the Nasdaq 100 had already gapped 14 points before the vote, a 99th-percentile divergence. The index is still 2.54% below its August high.
The Dow jumped 1,569.40 points (+3.03%) to 53,356.12 — its best post-midterm session in 44 years — while the Nasdaq Composite added just 1.44%. Equal-weight S&P versus the Nasdaq 100 had already gapped 14 points before the vote, a 99th-percentile divergence. The index is still 2.54% below its August high.
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 5, 2026. Read on for the details.
WTI struggles below $87.50 as Democrats seek end to Iran war after midterm sweepWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – remains depressed for the second straight day on Thursday, trading just below mid-$87.00s during the Asian session and close to a near one-month low touched the previous day.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – remains depressed for the second straight day on Thursday, trading just below mid-$87.00s during the Asian session and close to a near one-month low touched the previous day.
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