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Most of the major indices from Asia Pacific trades higher. Nikkei gains 1.2%, S&P/ASX 200 trades 1.1% higher, Kospi adds 0.6% and Nifty jumps 1%. Indices from China trade lower
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DAX futures point to a slightly higher opening of the European session
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Donald Trump said he wants an even bigger stimulus deal than Democrats. However, it looks unlikely that Republicans in Senate will approve such a big deal
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Negotiations over US stimulus deal did not make any significant progress. Nancy Pelosi has set a 48-hour deadline for reaching agreement if a deal is to be passed before elections (deadline runs by the end of Tuesday US time).
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Prime Minister Ardern and her Labour Party won New Zealand elections. Her party looks to have won an outright majority in parliament and will be able to rule alone
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Chinese GDP report for Q3 showed 2.7% QoQ growth (exp. 3.3% QoQ). Monthly industrial production and retail sales data for September turned out to be better than expected
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Media reports suggest United Kingdom is readying to back down on a bill that violates last year's agreement with the European Union
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Bloomberg reports that Taiwan will make stricter rules for transferring technology to Chinese companies
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Italy has granted local authorities powers to shut down public spaces from 9pm. Gambling sites must be closed by 9pm. Amateur sports events as well as all festivals were cancelled.
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Total number of confirmed coronavirus cases exceeded 40 million. More than 1118k people died. Number of active cases surpassed 9 million for the first time
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AUD, GBP and NZD are top moving major currencies while CHF, EUR and JPY lag the most
Total number of confirmed Covid-19 cases jumped above 40 million over the weekend. Source: worldometers, XTB
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