Below are the most important global events likely to affect FX and bond markets in the coming week starting Nov. 4.
Tuesday’s U.S. presidential election will dominate the coming week and is likely to have a significant impact on global financial markets.
Later in the week, the Federal Reserve is expected to cut interest rates again, though it is unlikely to deliver another jumbo-sized reduction. Central bank decisions are due in the U.K. and Australia, while the prospect of more fiscal stimulus in China will be closely watched.
U.S.
Tuesday’s U.S. presidential election is expected to be a very tight race between Democrat Kamala Harris and Republican Donald Trump. Opinion polls show both candidates are neck and neck, but betting odds show a greater chance of victory for Trump.
Trump has pledged to implement significant trade tariffs. These are expected to boost inflation and could mean that U.S. interest rates…
