Morning Juice – Europe Session Prep
Good morning, Traders.
It is Monday, the 4th of November, here is what to expect for the day.
Sentiment
According to a flurry of surveys released Sunday, Vice President Kamala Harris and former President Donald Trump are still on track for a picture finish in this week’s presidential election, with voters split tightly both nationwide and in the key swing states that will decide the election.
Chinese lawmakers are gathering in the shadow of the US election to sign off on a fiscal package that would cost trillions of yuan but is unlikely to calm the market completely.
Oil prices rose after OPEC+ agreed to postpone its December output increase by one month, while tensions in the Middle East flared up again.
Events
03:50 ET
French Manufacturing PMI
Median Forecast 44.5 | Prior 44.5 | Range 44.5
03:55 ET
German Manufacturing PMI Final
Median Forecast 42.6 | Prior 42.6 | Range 42.6 | 42.5
04:00 ET
Eurozone Manufacturing PMI Final
Median Forecast 45.9| Prior 45.9 | Range 46.2 | 45.9
Good luck!