BFJ Research
05.11.2020

 

Trending News Headline

Equity
Biogen Biogen shares leap after ‘substantial evidence’ Alzheimer’s drug is effective
Ant Beijing says it halted $37bn Ant IPO to protect market stability
 
Fixed Income
US Bond The yield on 10-year Treasuries sank 13 basis points to 0.77%, the lowest in more than a week on the biggest tumble in more than seven months
 
Currency
USD Biden boosted by Wisconsin and Michigan victory as vote count drags on;  Investors pile into tech stocks and Treasuries as ‘blue wave’ trade unravels
 
Metal
Gold Gold weakened 0.2% to $1,904.85 an ounce.
 
Energy
WTI West Texas Intermediate crude gained 3.4% to $38.94 a barrel, the highest in more than a week on the largest rise in more than four weeks.
 
COVID-19 Global Pandemic Latest
Region Confirmed Cases New Cases Recovered
Global 48,387,026 +543,747 34,623,581
U.S. 9,794,448 +101,482 6,282,427

Charts to Watch

Chart 1. Ant’s market shares amongst major Chinese banks

Chart 2. Latest election results

Daily Directional and Trending Screen