The price of oil may attempt to test the 200-Day SMA ($97.87) as it clears the October high ($93.64).

The S&P 500 gains at the start of the week ahead of high-impact events in the coming sessions, such as the U.S. midterm elections on Tuesday and the October U.S. inflation report on Thursday.

The first week of November is all about central banks.

Fedspeakers are back out in force this week following last week’s policy meeting. Here’s what to watch.

The British pound is off to a strong start to the week, supported by broad-based weakness in the U.S. dollar and positive newsflows regarding China’s zero-covid policies.

As the German Dax makes a full recovery from the September declines, a weaker USD continues to support global stocks, driving equity futures higher.

The EU economy has proven to deliver a growth of 0.2% Q/Q in Q3. Although this looks somewhat optimistic but the small growth in Q3 still paints the same bigger picture which is that growth has slowed down and a recession is still in play.

The US dollar has opened the week on the back foot, extending Friday’s heavy sell-off. Fed speak and the latest look at US inflation are the main price catalysts this week.

The pair has returned to parity buoyed by continued dollar weakness. Have we already seen the YTD low?