Daily Update
While US elections are attracting practically all market’s attention. CHF Unemployment Rate remained the same as last year with no definite changes. Significantly indicating us the Labor conditions of Swiss has not improved further from its previous months. In UK, the Supreme Court accepted the government appeal regarding Article 50. It is expected that the Court will issue a ruling on Brexit around New Year. GBP was losing ground last night before it took off this morning after further boosting electorate results of Trumps lead. US elections results are underway, as we notice euro had quite a shock yesterday but it was steadily moving at the range of 4.05 yesterday. But Euro and GBP was under negative pressure by evening last night with hours to vote in US. Regardless of what happened yesterday situation seem like Trump is leading US Electorate results till now. All rival currencies have boosted since USD is weakened at the moment. The Most Anticipated event is the US Elections and its Electorate results since the next State Head in office will determine the financial stability of the economy and future international trade sentiments among all countries. Early Dawn, Australia will release its Westpac Consumer Confidence which captures the level of sentiment that individuals have in economic activity and followed by Mid-Year Economic & Fiscal Outlook of Australia. China will be releasing its Consumer Price Index which is a key indicator to measure inflation and changes in purchasing trends. A substantial consumer price index increase would indicate that inflation has become a destabilizing factor in the economy that can prompt Bank of China to tighten monetary policy and fiscal policy risks.Yesterday's markets
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