Live Updates > Live Update Details
2026-11-04 20:54:29
[US Midterm Election Results Released, Employment and Services Data Released in Quick Succession] ⑴ Overnight, the US midterm election results were released. The Democratic Party is expected to control both houses of Congress. The market is focused on US Treasury yields, the US dollar, and fiscal policy expectations. ⑵ At 20:00 Beijing time, the US will release MBA mortgage application data. ⑶ At 20:15 Beijing time, the US will release October ADP employment data, with an expected increase of 75,000, compared to the previous increase of 90,000. ⑷ At 20:30 Beijing time, the US will release the September trade balance, with an expected deficit of $104.9 billion, compared to the previous deficit of $105.6 billion. ⑸ At 20:30 Beijing time, the US Treasury will release its quarterly refinancing plan. The market is focused on the issuance plan, auction size, and borrowing demand. ⑹ At 21:00 Beijing time, the New York Fed will release its labor market tightness index. ⑺ At 21:45 Beijing time, the US will release the final value of the October S&P Global Services Purchasing Managers' Index, with a preliminary value of 57.9. (8) At 22:00 Beijing time, the US will release the October ISM Services Purchasing Managers' Index, expected to be 54.8, previous value 54.9. (9) At 22:30 Beijing time, the US will release the Energy Information Administration's weekly crude oil inventory data. (10) At 23:00 Beijing time, the US Treasury will issue a repurchase announcement, auction 17-week Treasury bills at 23:30 Beijing time, and conduct repurchase operations at 02:00 the following day. (11) Throughout the day, the market will focus on the aftermath of the election, US Treasury yields, artificial intelligence stocks, oil prices, and geopolitical news. (12) In the coming days, the Bank of England will announce its interest rate decision on Thursday, the US will release initial jobless claims, third-quarter productivity, and the October non-farm payroll report, and the Michigan Consumer Sentiment Index will be released on Friday.
