� The US ended Fri in the green, shrugging off the weaker NFP/softer ISM manufacturing prints, but finishing well off initial highs.
� Mag 7 outperforming once again with AMZN holding onto early gains and ending the day +6%, after their better numbers.
� Consumer Discretionary, Tech and Healthcare outperformed, while Utilities the standout laggard, while Real Estate and energy also underperformed.
� VIX -5.5%. AsiaPac is better bid with Mainland China and South Korea taking the lead.
� Japan is closed. In China, the Standing Committee of National People�s Congress meets in Beijing Mond through Friday.
� Tencent -20bps vs ADR +2.7%.
� The greenback is weaker vs both majors and EMFX � ZAR 17.52.
� No early trade in treasuries with Japan closed � that said, Fri�s close saw 10y yield reach highest since July.
� Commodities are higher, oil is taking the lead on OPEX+ delaying output hikes.
� Pall have found some respite.
� US clocks have moved.
� It�s the week we�ve all been waiting for, and as it stands�it�s too close to call.
� The election will be followed by the penultimate FOMC of the year, with rate decision (25bps cut being priced) announced on Thursday � we�ve also got central bank decisions from UK and Aus among other.
� The earnings season in the US continues to chug along, and locally we can look forward to quarterly updates from ANG and SSW on Thurs along with some insight into retail with TFG on Friday.
� The rand is stronger this morning, at R17.53/$, after closing unchanged on Friday (R17.65/$*).
Key events and data:
� 11h00: Eurozone HCOB manufacturing PMI (October � final)
� 11h30: Eurozone Sentix investor confidence (November)
� 17h00: US factory orders (September), durable goods orders (September � final)
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