{"id":31405,"date":"2026-11-10T17:50:32","date_gmt":"2026-11-10T15:50:32","guid":{"rendered":"https:\/\/caledonia.es\/?p=31405"},"modified":"2026-11-10T17:54:55","modified_gmt":"2026-11-10T15:54:55","slug":"markets-weekly-6-november-2026","status":"publish","type":"post","link":"https:\/\/caledonia.es\/en\/markets-weekly-6-november-2026\/","title":{"rendered":"Markets Weekly \u2013 6 November 2026"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The US midterm elections dominated the week. Democrats swept both chambers of Congress, triggering a sharp rotation out of AI and defense stocks into rate-sensitive and domestically oriented sectors. The Philadelphia Semiconductor Index fell roughly 12%, its worst week since April 2025, and the S&amp;P 500 lost 2.99%. In Europe, the IBEX 35 stood out with a 3.52% gain, helped by its low tech exposure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Developed-market bond yields fell broadly as investors sought safety and priced a more restrained US fiscal path. The US 10Y fell to 4.85%, and France and Japan posted the largest rallies. The Bank of England surprised with a unanimous rate hike. In LatAm, Brazil was the only curve to widen as the Copom halted its rate cuts and kept the Selic at 13.75%, while Mexico and Chile rallied alongside Treasuries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Coming up: Brazil\u2019s Copom minutes and inflation data, and CPI releases in Mexico, Colombia and Argentina.<\/p>\n\n\n\n\t\t<div class=\"wppdfemb-frame-container-1\" style=\"-webkit-overflow-scrolling:auto;\">\n\t\t\t<iframe class=\"pdfembed-iframe nonfullscreen wppdf-emb-iframe-1\"\n\t\t\t\tsrc=\"https:\/\/caledonia.es\/en\/?pdfemb-data=eyJjb250aW5vdXNzY3JvbGwiOiJvbiIsImRvd25sb2FkIjoib24iLCJwZGZJRCI6MzE0MDYsInVybCI6Imh0dHBzOlwvXC9jYWxlZG9uaWEuZXNcL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjZcLzExXC9DYWxlZG9uaWEtU1YtTWFya2V0cy1XZWVrbHktMDYtMTEtMjAyNi5wZGYiLCJ0aXRsZSI6IkNhbGVkb25pYS1TVi1NYXJrZXRzLVdlZWtseS0wNi0xMS0yMDI2IiwiaW5kZXgiOjF9\"\n\t\t\t\ttitle=\"Caledonia-SV-Markets-Weekly-06-11-2026\"\t\t\t\tdata-pdf-id=\"31406\"\n\t\t\t\tdata-pdf-index=\"1\"\n\t\t\t\tstyle=\"border:none;width:100%;max-width:100%;height:100vh;\"\n\t\t\t\tscrolling=\"yes\">\n\t\t\t<\/iframe>\n\t\t<\/div>\n\n\t\t\n    <div class=\"xs_social_share_widget xs_share_url after_content \t\tmain_content  wslu-style-1 wslu-share-box-shaped wslu-fill-colored wslu-none wslu-share-horizontal wslu-theme-font-no wslu-main_content\">\n\n\t\t\n        <ul>\n\t\t\t        <\/ul>\n    <\/div> \n","protected":false},"excerpt":{"rendered":"<p>The Democratic sweep in the US midterms drove a rotation out of AI and defense stocks and a broad rally in developed-market bonds. The IBEX 35 gained 3.52%, while Brazil lagged after the Copom paused its rate cuts.<\/p>\n","protected":false},"author":4,"featured_media":31380,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[274],"tags":[],"class_list":["post-31405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets-weekly"],"_links":{"self":[{"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/posts\/31405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/comments?post=31405"}],"version-history":[{"count":2,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/posts\/31405\/revisions"}],"predecessor-version":[{"id":31408,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/posts\/31405\/revisions\/31408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/media\/31380"}],"wp:attachment":[{"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/media?parent=31405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/categories?post=31405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/caledonia.es\/en\/wp-json\/wp\/v2\/tags?post=31405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}