Two major events this week
#XAU First, the U.S. midterm elections on Tuesday. The market expects the Democrats may retake the House, leaving Congress divided.
Second, the U.S. October nonfarm payrolls report on Friday. This is the most important employment report before the Fed’s December rate meeting. The market expects 65,000 new jobs, more than double the previous figure of 29,000.
#XAU First, the U.S. midterm elections on Tuesday. The market expects the Democrats may retake the House, leaving Congress divided.
Second, the U.S. October nonfarm payrolls report on Friday. This is the most important employment report before the Fed’s December rate meeting. The market expects 65,000 new jobs, more than double the previous figure of 29,000.