What is the latest state of play as the vote count continues
Trump’s lead in the state had been gradually slipping and the last few batches of the vote count from Clayton County helped to shift the tide in Biden’s favour.

Amid all the election drama, there is the October US jobs report at 1330 GMT
This is truly going to be a non-event, all things considered. If you weigh up the employment data from earlier in the week (⬆), all signs point towards the risks being skewed to the downside as we look towards the non-farm

EUR/USD keeps at the highs near 1.1850 at the moment
The dollar is trading rather mixed in the European morning, keeping a slight advance against the pound, aussie and loonie but trading lower against the euro, franc and kiwi.

Biden flips Georgia in his favour based on the latest vote count
–
Biden: 49.4% (2,449,371 votes)
– Trump: 49.4% (2,448,454 votes)
This comes after another batch of votes are reported from Clayton County and there are still more a few more

BBC political correspondent, Nick Eardley, reports in a tweet
NEW: Chancellor set to extend furlough until March, sources have told the BBC. Details just after midday – not clear if it will mean full 80 per cent.
Well, Sunak will be addressing parliament soon – scheduled to be at the top of the hour – on the

Villeroy says the Bank of France will publish its first estimate of the impact of the second lockdown next Monday
I think the headline is very much expected, otherwise the market wouldn’t take too kindly on the news. That said, the lockdown is still expected to drag French Q4 economic output into negative territory and that

de Guindos hints that the ECB will cut its growth forecasts next month
Adding that he believes that „they’re not going to be very far away from the from the European Commission (EC)“.

There’s still no winner being declared yet in the presidential race
The narrative since yesterday remains largely the same, the shift in the tide in Wisconsin and Michigan puts Biden in the lead to win the White House with Trump now needing to retain his lead in Pennsylvania and Georgia at least to keep things close.The

The European Commission publishes its latest forecasts for the euro area economy – 5 November 2020
– Eurozone 2020 GDP forecast -7.8% (previously -8.7%)
– Eurozone 2021 GDP forecast +4.2% (previously +6.1%)

Latest data from the Mortgage Bankers Association for the week ending 30 October 2020
–  +1.7%
– Market index 838.2 vs 807.8 prior
– Purchase index 301.2 vs 305.2 prior
The bulk of the surge last week was due to a jump in refinancing activity as purchases slowed down once again. Overall, this still points to the housing market