【Top1 Evening 】The general election suppresses the market. Investors bear their hands. The big rise and fall will happen soon?
Risk aversion atmosphere is quite strong, because the market has always been skeptical of polls since the general election four years ago. On election day, the market sentiment is cautious.

Gold: Gold prices fell slightly, with spot gold falling 0.1% to US$1,892.73 per ounce. US gold futures were almost unchanged, at $1,893.20. The market is waiting for the results of the US election, and Trump closely follows Biden in national polls.
Analysts pointed out that if Biden wins the election, he may inject huge aid funds to drive the price of gold soaring. If Trump is re-elected, the new stimulus package may not be implemented immediately, which is detrimental to the price of gold.
Forex: The US dollar is stable, and the risk of the general election suppresses market fluctuations. The US dollar index rose 0.02% to 94.12, hitting 94.29 earlier in the session, the highest since September 29. EUR fell 0.14% against the dollar to $1.1631, and the dollar climbed 0.16% against JPY to 104.81 yen.
Erik Nelson, a macro strategist at Wells Fargo Bank, said: "Last week, the risk aversion atmosphere was quite strong, because the market has been skeptical of polls since the general election four years ago." Because in 2016, most polls failed to predict Trang. Pu was elected.
Crude oil: At midday in Asia, oil prices fell slightly after a sharp rebound overnight. US WTI crude oil futures prices were flat at 36.81 US dollars per barrel; Brent crude oil futures prices fell 5 cents or 0.13% to 38.92 US dollars per barrel; natural gas prices fell 1.05% to 3.202 US dollars.
According to market news that OPEC+ member Russia is considering postponing production increases, the US WTI crude oil rebounded by more than 8%, and the oil distribution rebounded by more than 7%. However, as the U.S. presidential election vote entered the final day, investors turned to the U.S. election, and a new round of blockade in Europe also put pressure on oil prices.
Stocks: European stock markets stabilized early. Britain’s FTSE index was last at 5712 points, up 61 points, or 1.09%; Germany’s DAX was at 11,861 points, up 75 points, or 0.64%; France’s CAC index was at 4734 points, up 43 points, an increase 0.93 percent.
On the previous trading day, manufacturing data around the world rebounded, which played down the negative trend of the epidemic rebound. European stocks rebounded sharply by 1.6% on Monday, the largest increase in five weeks. According to the survey, new orders for manufacturing in Germany saw a record increase in October, and relevant data for other economies in the Eurozone also improved.
Focus on tonight:
November 04, 23:00 (GMT+8) New Zealand's third quarter unemployment rate
November 04 05:45 (GMT+8) U.S. October ISM non-manufacturing index
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