Economic Calendar

Tuesday, November 3

All day

The outcome of the US mid-term elections could have important implications for the dollar and stock markets. A split or Democrat-run Congress could make things harder for Trump to achieve - whether that’s domestic legislations or foreign policy. A Democrat clean sweep would severely restrict his agenda.

What to watch: USD, Nasdaq 100

Thursday, November 5

12:00 GMT

A rate hike to 4% from 3.75% is widely expected by markets amid continued energy price gains due to the Middle East war. Will the Bank signal more hikes or not is the key question.

What to watch: GBP, UK 100

Friday, November 6

13:30 GMT

Clearly, employment has taken a back seat as the market and Fed are more concentrated about inflation. Still, jobs data can move the markets sharply. The Fed remains hawkish and a December hike expectations will be cemented by a strong print.

What to watch: USD, Gold