US Elections, Mr Carney – 03 Nov 2016

US Elections, Mr Carney – 03 Nov 2016


The markets continue to be driven by the fear of the next elections. Stock indexes continue to decline, despite the fact that the Federal Reserve did not touch its key rate; moreover, the representatives of the Federal Reserve were very confident regarding inflation.

In this context, the market is awaiting patiently the speech by Mr Carney, Governor of the Bank of England, at 13:00.

It now seems very hard to try and anticipate anything on an overheated market. The entry and exit strategies seem to be more suited to this market configuration.

Market closing data:
Dax30 -1,47%
Cac40 -0,24%
FTSE100: -0,90%
Euro stoxx 50 -1,42%
S&P500 -0,66%
Nasdaq100 -0,84%
Djia30 -0,43%
Nikkei Férié

Economic calendar:
Hour Country Announcement Previous Forecast
10:30 GPB PMI services (Oct.) 52,4 52,6
13:00 GPB BOE Inflation Report
13:30 GPB Carney speech, governor of BOE
15:00 USD ISM Non-Manufacturing PMI 56,0 57,1

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