BFJ Research
28.10.2020

 

Trending News Headline

Equity
Facebook Mark Zuckerberg backs reform of legal protections for social media
LVMH LVMH and Tiffany in talks to cut price of $16.6bn deal
Microsoft Microsoft keeps flying high on demand for cloud services
Nielsen Nielsen in talks over $2.9bn sale of consumer goods data unit
Pfizer Pfizer urges patience in ‘last mile’ of Covid-19 vaccine process
TikTok TikTok moves into social ecommerce with Shopify deal
 
Fixed Income
US Bond The yield on 10-year Treasuries dipped three basis points to 0.77% Tuesday.
 
Currency
USD US coronavirus deaths rise to summer outbreak levels; Biden seeks to expand Democratic electoral map with Georgia visit
GBP Covid-19 herd immunity theory dealt blow by Imperial College London’s research; UK doctors report declining mental well-being
AUD Melbourne relaxes strict rules from Wednesday
 
Metal
Gold Gold fell 0.2% to $1,905 an ounce.
 
Energy
WTI West Texas Intermediate crude declined 1.9% to $38.83 a barrel.
 
COVID-19 Global Pandemic Latest
Region Confirmed Cases New Cases Recovered
Global 44,221,500 +445,587 32,429,336
U.S. 9,033,994 +71,036 5,872,917

Charts to Watch

Chart 1. Oil traders braced for balancing act in wake of US election

Chart 2. Potential scenario based on electoral votes 

Daily Directional and Trending Screen