As confirmed by Italian prime minister, Giuseppe Conte
– This will divide the country into three areas based on degree of risk
– There is a high possibility that 15 of 20 regions will exceed critical level of intensive care within a month, so we must intervene
Italy steps up measures to deal with the second wave, with

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 –

No negative rates expected yet
The firm now expects the BOE to increase QE by £75 billion as opposed to its previous call of a £50 billion increase, saying that the new package should run until May 2021.

S&P 500 futures now up by over 1%
Meanwhile, regional stocks in Europe are also gaining by over 1% for the most part with the DAX leading the way with gains of 1.5%.

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.

UK Prime Minister Johnson has announced the new COVID-19 related lock down.
In brief details of the new measures are here:
The wage furlough scheme is to continue for workers temporarily laid off

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:

Major central bank rundown 
The central banks are listed below with their current state of play. The link for each central bank is included under the title of the bank and the next scheduled meeting is in the title too.

The manufacturing PMI fell from September but not by as much as expected (central median estimate).
Official Purchasing Manager’s Index (PMI) from China’s National Bureau of Statistics.

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