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Market Mood

The Flash PMI for October is expected to provide early insights into fourth-quarter economic conditions across major developed economies, influencing future interest rate decisions. The Bank of Canada is anticipated to announce another rate cut, while U.S. Federal Reserve officials' comments will be closely monitored, alongside data on durable goods orders, home sales, and company earnings. In the eurozone, consumer confidence data and flash PMI results will also be released. Investors remain cautious, focusing on central bank policies, particularly the Fed's, to support equity returns. Japan’s general election and the upcoming U.S. presidential election are other key events to watch.

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