Morning Juice – US Session Prep

Morning, Traders!
It is Tuesday the 5th of November, the day that marks the start of the US election, a much anticipated event for America, and the markets.
Here are some things to look out for today.

Sentiment
US equity futures rose as voting began on Tuesday in a close presidential race between Donald Trump and Kamala Harris.

Traders are being cautious following one of the most turbulent and dramatic presidential campaigns in modern history.
With polls predicting a photo-finish, the possibility of a disputed result means that the vote count could take days, if not weeks.

US stock futures increased slightly.
The dollar held steady.
10-year Treasury yields rose around two basis points to 4.30%.

Docket
08:30 ET
US Trade Balance for September
Median Forecast: -$84B | Prior: -$70.4B | Range: -$71.8B / -$87.9B

09:45 ET
US S&P Services PMI October Final
Median Forecast: 55.3 | Prior: 55.3 | Range: 55.4 / 55.3

10:00 ET
US ISM Services PMI for October
Median Forecast: 53.8 | Prior: 54.9 | Range: 56 / 52

13:00 ET
US sells $42 bln 10-Year Notes

Good luck!