What is the key risk for the market ahead of the US election tomorrow? 0 (0)

What are the odds of the election result getting delayed?
In my view, the key risk for the market is that we see a tightly contested election where there is no clear winner just yet. That could see neither side submit defeat and there might be a bit of a limbo that could take days –

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Goldman Sachs cuts European growth forecasts amid virus resurgence, lockdown measures 0 (0)

No surprises here
I always make mention that when it comes to forecasts, especially during this time, take them with a pinch of salt. They mean little considering that there is no certainty on how the virus situation is going to progress and how governments will respond.

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Coronavirus – UK PM Johnson to announce a new lockdown, through to until December 2 0 (0)

As COVID-19 cases in the UK accelerate higher Prime Minister Johnson will soon  announce another shutdown. The measures will take effect from Thursday after a vote in the Commons on Wednesday.
The main points, these via various UK media outlets with the info:

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ForexLive Americas FX news wrap: Dollar climbs on month-end flows 0 (0)

Forex news for North American trade on October 30, 2020:
Markets:
– Gold up $12 to $1879
– US 10-year yields up 5 bps to 0.87%
– S&P 500 down 63 points to 3246
It was month-end and that added an extra wrinkle to an already-uncertain time. The result was a strong dollar bid into the London fix that was

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