Morning Juice – Europe Session Prep
Good morning, Traders.
It is Tuesday, the 5th of November, here is what to expect for the day.
Sentiment
Donald Trump and Kamala Harris are spending their final day on the campaign trail with a flurry of events, hoping to pique supporters’ interest ahead of what is shaping up to be one of the most closely contested presidential elections in recent history.
China’s service sector rose at its quickest rate since July, according to a private study, indicating that consumer demand may be on the mend following Beijing’s recent bombardment of stimulus measures to boost development.
Prime Minister Justin Trudeau’s government will compel Canada’s oil and gas industry to decrease emissions by 35% from 2019 levels, escalating tensions with the country’s western. regions
Oil prices were steady after rising over 3% on Monday due to increased Middle Eastern tensions and OPEC+’s decision to extend supply cuts.
Events
02:45 ET
French Industrial Production MoM
Median Forecast -0.7% | Prior 1.4% |
04:30 ET
UK Services PMI Final
Median Forecast 51.8 | Prior 51.8 | Range 52.8 | 51.5
UK Composite PMI Final
Median Forecast 57.7 | Prior 51.7 | Range 51.7 | 51.4
Good luck!
