The Open Bell — Ep. 096 — 3 Nov 2026
Today on The Open Bell:
Oil had its worst day since July because Washington and Tehran are, apparently, talking, and a draft peace proposal circulating through Qatari and Pakistani mediators is enough to rattle a market that had priced in a much longer conflict.
The Nasdaq is now officially in correction territory, down more than ten percent from its October high in just three days, and the chip selloff driving it is the kind of move that doesn't stay in tech portfolios.
Australia's central bank raised rates to their highest level since 2008, five hikes into 2026 now, and three of the nine board members who voted on it thought the whole thing was a mistake.
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New episodes every weekday morning at theopenbell.co
Not investment advice. For informational purposes only.
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Chapters: 00:00 Introduction 00:11 Oil tumbles over 7% as US-Iran draft deal circulates via Qat 03:41 Nasdaq enters correction as chip rout hits -12% over three d 06:43 RBA lifts rates to 18-year high of 4.85% in divided vote 08:38 Closing thoughts