NEW YORK, Nov 2 : The dollar eased on Monday as oil prices tumbled and equities climbed ahead of a week full of catalysts, including the US midterm elections, a host of data on the US labor market and multiple central bank rate decisions.

Crude prices tumbled about 6 per cent as continuing talks between Iranian and Qatari officials on ending the US-Israeli war with Iran lifted hopes for reduced disruptions to supply from the Middle East.

The easing of oil prices helped buoy stocks after the Nasdaq suffered in October its biggest monthly percentage decline since March 2025, largely due to growing concerns about massive spending by companies on the emerging AI technology.

“What we have broadly is just a resilient market. Oil prices, the…