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Stocks in Asia gained during the first trading session of the week. Nikkei jumped 1.4%, S&P/ASX 200 added 0.4% and Kospi gained 1.5%. Indices from China trade higher
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DAX futures point to a slightly higher opening of the European cash session
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Boris Johnson announced that the United Kingdom will head into lockdown from November 5 to December 2. However, lockdown could be extended into 2021 if virus spread is not contained
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Betting markets project Biden will beat Trump by a huge margin (64 vs 35)
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Oil price is dropping today as new lockdowns could hamper demand further
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Reserve Bank of Australia is exploring benefits and risks of a state-backed cryptocurrency. RBA is in talks with potential partners
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South China Morning Post reports that China may ban Australian copper and sugar this week
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Negotiators from UK and EU have reportedly moved closer to an agreement on fisheries
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Official Chinese PMIs for October turned out to be better than expected. Manufacturing gauge came in at 51.4 (exp. 51.3) and services index reached 56.2 (exp. 56)
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Final Japanese manufacturing PMI for October came in at 48.7 (exp. 48)
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Final Australian manufacturing PMI for October came in at 54.2, in-line with flash release
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AUD, GBP and CAD are top laggards among majors while NZD and USD gain the most
A new daily coronavirus case record was reached on Friday and now we are observing a regular weekend dip. Source: worldometers, XTB
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