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Tuesday's Events - Oct. 27, 2020

Events in the US Today (EDT):
First, trade on T2BF now with $100,000.

DAY - Wear a mask & socially distance 😨
8:30am - Core Durable Goods Orders [3/3 Volatility]
8:55am - Redbook (MoM&YoY) [1/3 Volatility]
9:00am - S&P/CS HPI Composite 20 nsa (YoY-Aug) [2/3 Volatility]
10:00am - CB Consumer Confidence [3/3 Volatility]
10:30am - Dallas Fed Services Revenues & Outlook (Oct) [1/3 Volatility]
1:00pm - 2-Year Note Auction [1/3 Volatility]
4:30pm - API Weekly Crude Oil Stock [2/3 Volatility]
The House is out of Washington until after the election.
The Senate will return to work on Nov. 9.
House Speaker Nancy Pelosi said Monday that she remained hopeful an agreement over a new coronavirus relief package can be reached before the Nov. 3 elections, but this looks increasingly unlikely.
Hurricane Zeta is due to make U.S. landfall on Wednesday, with rigs and refineries shutting down in preparation for its arrival, while traders also await crude oil supply data from the American Petroleum Institute, due later in the session.

Events in the World Today (EDT):
7:00am - France Jobseekers Total [2/3 Volatility]
8:30pm - Australia CPI (QoQ-Q3) [3/3 Volatility]
Europe has been hard hit by this second wave of the virus, with France, for example, on Monday seeing the highest number of coronavirus patients going into hospital since April. Several countries have now imposed new restrictions--Spain declaring a state of emergency for six months--curtailing economic activity.
This increases expectations of action by the European Central Bank when its governing council meets on Thursday, although the consensus view is that the bank will only announce fresh stimulus at its December meeting.
Data showed profits at China's industrial firms rose at a slower pace in September, hurt by factory-gate deflation and rising raw materials costs.

Earnings Before Open:
Pfizer, 3M, CAT, Lilly, Raytheon, Sherwin Williams, Novartis, jetBlue, Merck, BP
*Earnings after close*
Microsoft, AMD, FireEye, First Solar, Enphase, Akamai, Fiserv, 2U

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