Market Roundup: Calm ahead of the storm? - Tip TV

Oct 31, 2016, 01:10 PM

Today’s Tip TV Market Roundup saw host Zak Mir, and Richard Hunter - Head of Research at Wilson King Investments, discuss the key trending stories in finance, the market sentiment, broker upgrades/downgrades for UK equities, the outlook for S&P 500, and commentary on global macro issues.

Highlights:

COE report – S&P poised for gains following Friday’s recovery from session lows.

Main focus on Super Thursday, Friday’s NFP and US Elections - So near-term data is likely to

US Election fear - The rangebound market implies “no one is ready to commit any money ahead of US elections”, says Hunter

US data sets due today – US personal spending and income report and Eurozone preliminary CPI report is unlikely to be a market mover as focus remains on Super Thursday, Friday’s non-farm payrolls and US elections.

Clinton not a done deal, but markets still suggesting that she is poised to win

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