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The Important Things That You Should Know On 23/10/2020

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1️⃣ US Election: Nearly 50 million Americans have cast their votes, around 35% of the total 2016 vote count. US President Donald Trump continues to narrow the gap in national and state polls.

2️⃣ Pessimistic in US fiscal stimulus, after both Democrats and Republicans have expressed skepticism that a deal could be passed before election day.

3️⃣ Retail sales in the United Kingdom increased 1.5% month-over-month in September of 2020, beating forecasts of a 0.4% rise. It is the fifth consecutive month of rising retail sales and the third highest gain so far this year.

4️⃣ UK PMI is set to drop amid the rising of coronavirus infections in UK.

5️⃣ Eurozone PMI is also set to decline below 50, turning from expansion to contraction, as coronavirus cases are surging in Europe.

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Source: https://monsun.asia/2020/10/23/the-important-things-that-you-should-know-on-23-10-2020/
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