All forecasts and opinions on 5 November 2018

By market
By author
05.11.2018
Sentiment was mildly positive on Monday and US indices opened in a positive territory as the Midterm elections are ongoing in the US. Volatility has been minimal so far on the day, but stocks managed to erase all the daily losses and turned higher, despite China’s stocks falling again. Later in the day, the important non-manufacturing ISM for October will be released and is forecast to slow to 59.5 from 61.6 previously. This would still be a much faster sector growth than in the rest of the world. Bond yields corrected lower on Monday after rising to fresh cycle highs on Friday.
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