It comes at a time when market participants are increasingly concerned about the economic impact of an upsurge in coronavirus cases. A wave of new Covid-19 infections around the world has prompted some countries to impose fresh restrictions as winter looms.
To date, more than 43.5 million people have contracted Covid-19 worldwide, with 1.16 million related deaths, according to data compiled by Johns Hopkins University. On the data front, durable goods orders for September will be released at 8:30 a.m. ET, with the S&P CoreLogic Case-Shiller National Home Price Index for August due to be released at 9:00 a.m.
Consumer confidence for October, the Richmond Fed manufacturing survey for October and third-quarter housing vacancies are all scheduled to be released at 10:00 a.m., with Dallas Fed services to follow slightly later in the session. The U.S. Treasury will auction $30 billion of 119-day bills, $30 billion of 42-day bills, and $54 billion of 2-year notes on Tuesday.
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European markets set for lower open as coronavirus resurgence weighsEuropean markets are heading for a lower open Monday as surging coronavirus cases throughout the continent and a stalemate over U.S. fiscal stimulus continue to weigh on sentiment. How do you like to add an extra soure of income to your present earning scheme through forex trade, without sending money to anyone, Inbox me if interested.
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