It is election week.
It would not get any larger than this in US politics and polls present this can be a razor-tight race. Presently final week, Trump seemed to have an edge however some polling numbers over the weekend upended that and highlighted the chance that Harris is being underestimated.
None of it leaves anybody significantly assured and betting websites are break up.
The shift in the direction of Harris on the weekend had seemingly put a bid into bonds, with 10-year yields down 7 bps to 4.29% and USD/JPY down 105 pips.
S&P 500 futures are up 5 factors and the lone notable financial knowledge is manufacturing facility orders at 10 am ET. We’re within the calm earlier than the storm now.
