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Germany's final October manufacturing PMI was 54.2, in line with expectations and the previous reading.

Iranian Parliament National Security Committee member Bahsayesh stated that Iran will never allow the other side to force it to accept its demands through economic pressure and military threats. Recent reports of meetings with the Iranian leader have increased, intended to demonstrate his good health and continued performance of his duties. Iran's conditions must be met before negotiations can begin. While the possibility of war exists, such a conflict would also be extremely costly for the United States.

The final October manufacturing PMI figures for France, Germany, and the Eurozone, as well as the UK's LME copper, aluminum, and nickel inventory changes up to November 2, will be released in ten minutes.

The Swiss SVME Purchasing Managers' Index for October was 56.7, below the expected 55.3 and the previous reading of 55.3.

At a regular press conference held by the Iranian Foreign Ministry on Monday, a reporter asked about the recent repeated use of the word "surrender" by US officials, with one US minister even claiming that Iranians would soon be forced to surrender to the US, and inquired about Iran's reaction. In response, Iranian Foreign Ministry spokesman Baghae stated, "Surrender? That word is simply not in our dictionary." Baghae further explained that Iranians have proven that they only submit and humble themselves before the will and power of the Creator, a reverence beyond the human realm. "We have only learned to submit and humble ourselves before God," he said.

Spain's October manufacturing PMI came in at 52.2, below the expected 50.8 and the previous reading of 51.