Markets wrap · X @MoneyTurkey

Indices S&P 5007,568.9 +0.36% NASDAQ 10028,180 +0.68% DOW51,787 −0.38% RUSSELL 2K2,812.4 +0.23% S&P FUT7,602.2 +0.37% NDX FUT28,396 +0.96% VIX20.83 −1.51% TSX35,532 −0.75% BOVESPA165,529 −1.42% MEXICO IPC70,143 +0.52% FTSE 10010,638 −1.14% DAX25,865 −0.45% CAC 408,020.3 −0.34% STOXX 506,144.6 −0.51% SMI14,743 −0.40% FTSE MIB49,942 −0.01% IBEX 3518,807 −0.79% AEX1,121.8 −0.95% OMXS303,284.4 −0.08% BIST 10011,024 +0.56% NIKKEI63,082 −0.33% HANG SENG23,526 +0.57% SHANGHAI3,608.1 −0.82% CSI 3004,008.9 −0.20% KOSPI5,648.8 −3.59% TAIEX43,308 −3.59% ASX 2008,886.8 +0.34% SENSEX76,918 +1.62% NIFTY 5023,811 +1.58% STI5,269.3 −0.65% FX DXY101.87 +0.12% EUR/USD1.1196 +0.04% GBP/USD1.3416 +0.07% USD/JPY158.73 +0.56% USD/CHF0.8209 +0.29% USD/CAD1.4007 +0.16% AUD/USD0.6968 −0.44% NZD/USD0.5613 −0.12% USD/CNH6.6700 +0.38% USD/TRY49.9870 +0.02% EUR/TRY55.9831 +0.10% GBP/TRY67.0707 +0.11% USD/MXN18.8331 +1.42% USD/BRL5.4911 +1.00% USD/INR94.73 −0.17% USD/ZAR16.6175 +0.12% USD/KRW1,344.6 −0.06% USD/SGD1.2814 +0.21% USD/HKD7.8466 +0.01% USD/SEK9.7916 +0.28% USD/NOK9.2801 −0.10% USD/PLN3.9426 −0.01% EUR/GBP0.8342 −0.02% EUR/JPY177.64 +0.55% EUR/CHF0.9187 +0.31% GBP/JPY212.94 +0.64% Yields US2Y4.63% +4.8bp US5Y4.76% +6.6bp US10Y4.97% +7.2bp US30Y5.33% +6.6bp DE2Y3.02% +0.7bp DE10Y3.33% +1.8bp GB2Y4.85% −0.5bp GB10Y5.25% −1.8bp GB30Y5.67% −3bp FR10Y4.95% +1.7bp IT10Y4.47% +1.3bp ES10Y3.93% +1.7bp CH10Y0.49% 0bp JP10Y2.77% −0.5bp CN10Y1.64% +0.6bp AU10Y5.11% +0.5bp CA10Y3.78% +2.9bp IN10Y7.30% −1.3bp BR10Y15.68% +26.5bp ZA10Y8.61% 0bp MX10Y9.25% −2.9bp TR2Y36.42% −36bp TR10Y33.14% 0bp Commodities GOLD$3,933.40 −0.91% SILVER$49.77 −2.20% PLATINUM$1,419.40 −2.41% COPPER$6.406 −2.46% BRENT$104.43 −0.32% WTI$96.80 +0.35% NAT GAS$2.906 +1.75% WHEAT598.75¢ −1.28% CORN441.50¢ −1.51% SOYBEANS1,213.50¢ −0.27% COFFEE284.05¢ −2.76% Crypto BTC$77,797 +1.27% ETH$2,292 +1.70% SOL$93.59 +1.82% XRP$1.28 +2.53% BNB$699.89 +0.22% DOGE$0.0754 +2.11% ADA$0.1905 +0.67% TRX$0.3227 +1.40% AVAX$8.52 +2.14% LINK$11.11 +0.14%
21:30 GMT · Markets wrap ›

Research Wrap: Nidec Delisting Risk, S&P 8,000 Target, Brent at $85

MoneyTurkey editors
Research wrap card, 5 Nov 2026. Style 1 Ink/Amber. Nidec ¥632bn (~$4bn) / −30%+ since Oct 2025 TSE alert. MS S&P 8,000 year-end (~9% dip noted). Goldman Brent $85 · WTI $79. Lead WP 1461.

Investors are weighing whether Japan’s governance gaps and tighter energy balances will force larger revisions to growth and inflation paths. Muddy Waters flags fresh fallout at Nidec that it says leaves the firm exposed to a Tokyo Stock Exchange delisting. Morgan Stanley’s 8,000 year-end S&P 500 target and Goldman’s $85 average for Brent in 2026 now sit against that backdrop.

MoneyTurkey Research Desk | Research wrap, updated 5 November 2026, 07:45 London

Full article: Muddy Waters: Nidec Delisting Risk Rises as Block Flags Limits of Japan Reform →

Key points

  • Muddy Waters’ Carson Block says Nidec’s scandal exposes the limits of Japan’s governance overhaul and raises TSE delisting odds
  • Goldman Sachs keeps a $85 Brent average for 2026; Morgan Stanley holds an 8,000 year-end S&P 500 target

Latest developments

Muddy Waters: Nidec Delisting Risk Rises as Block Flags Limits of Japan Reform

  • Block says reforms have not changed conduct at Nidec a decade after his first short
  • Nidec missed its late-October unqualified auditor-opinion target; write-downs about ¥632 billion (about $4 billion)

Full article →

S&P 500 may dip 9% before Morgan Stanley’s 8,000 year-end call

S&P 500 may dip 9% before Morgan Stanley's 8,000 year-end call
  • Morgan Stanley keeps its 8,000 year-end S&P 500 target after the pullback
  • Bank says the decline could end once midterms are over

Full article →

Brent 2026 average pushed to $85 a barrel on supply squeeze

Brent 2026 average pushed to $85 a barrel on supply squeeze
  • Goldman Sachs raised its 2026 Brent forecast $8 to $85 a barrel and WTI to $79 a barrel
  • Bank flagged demand weakness as the main risk to the bullish oil view

Full article →

For information only. Not investment advice.

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