{"id":2598,"date":"2020-11-02T08:53:01","date_gmt":"2020-11-02T08:53:01","guid":{"rendered":"https:\/\/blog.sevenstarfx.com\/?p=2598"},"modified":"2020-11-02T08:54:21","modified_gmt":"2020-11-02T08:54:21","slug":"daily-market-outlook-02-november-2020","status":"publish","type":"post","link":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/","title":{"rendered":"Daily Market Outlook, 02 November, 2020"},"content":{"rendered":"<h3><span style=\"color: #cf2e2e\"><strong>Market Wrap: Stocks, Bonds, Commodities<\/strong><\/span><\/h3>\n<p>US stock indexes closed lower on Friday to cap Wall Street&#8217;s biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record rise in coronavirus cases and jitters over the presidential election snuffed investor sentiment.<\/p>\n<p>The Dow Jones Industrial Average fell 157.51 points (0.59%) to 26,501.6. The S&amp;P 500 lost 40.15 points (1.21%) to 3,269.96 and the Nasdaq Composite dropped 274.00 points (2.45%) to 10,911.59.<\/p>\n<p>Asian markets rose on Monday morning trade, with data released over the weekend showing China\u2019s manufacturing activity grew at a slightly slower rate in October.<\/p>\n<p>MSCI\u2019s index of Asia-Pacific stocks outside Japan down 0.70% to 737.30 levels. Australian index rose 0.40% to 5,951.30. Japanese Nikkei advance 1.39% to 22,295.48.<\/p>\n<p>European stocks were lower on Friday, with the Stoxx Europe 50 Index fell 0.06% to 2,958.21, Germany&#8217;s DAX down 0.36% to 11,556.48 and France&#8217;s CAC gained 0.54% to 4,594.24 and U.K.&#8217;s FTSE 100 slipped 0.08% to 5,577.27.<\/p>\n<p>Benchmark 10-year U.S. Treasury down as demand for risky asset grow again, today 10-year bond yield down 0.24% to 0.857.<\/p>\n<p>Oil prices plunged more than 4% on Monday to the lowest levels since May on worries a swathe of coronavirus lockdowns across Europe will weaken fuel demand, while traders braced for turbulence during the U.S. Presidential election week.<\/p>\n<p>Spot Brent crude Oil fell 3.93% to $36.47 per barrel. US West Texas Intermediate crude lost 4.53% to $34.17 a barrel.<\/p>\n<p>The yellow metal traded 0.22% higher to 1883.50 dollar per ounce.<\/p>\n<h3><span style=\"color: #cf2e2e\"><strong>Market Wrap: Forex<\/strong><\/span><\/h3>\n<p>The U.S. dollar held steady on Monday as investors readied for this week&#8217;s U.S. presidential election, while a surge in global coronavirus cases continued to weigh on sentiment.<\/p>\n<p>Today, the U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, rose 0.17% to 94.200.<\/p>\n<p>The euro has been selling since infection cases and lockdowns stood out in European countries. The Euro US Dollar (EUR\/USD) widely traded pair down 0.15% today. This left the pairing trading around $1.16320.<\/p>\n<p>The Japanese yen down against the U.S. dollar on Monday as stock pushes higher. Today US\/JPY rose 0.16% to 104.810 level.<\/p>\n<p>Other commodity related currency lower against U.S dollar, AUD\/USD slipped 0.33% to 0.70040 and NZD\/USD fell 0.24% to 0.66000.<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">EUR\/USD Intraday:\u00a0 <\/span>Trend\u00a0on downside<\/strong><\/h3>\n<p><strong>Our pivot point is at 1.16580<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Take Short positions below level with targets at 1.16180 &amp; 1.15980 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Above pivot looks for further upside at 1.17000 &amp; 1.17200.<\/p>\n<p><strong>Comment: <\/strong>Pair below its 55MA &amp; 20MA and RSI below 50 levels.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-2599 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2020\/11\/EURUSD-1024x575.jpg\" alt=\"\" width=\"1024\" height=\"575\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/EURUSD-1024x575.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/EURUSD-300x168.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/EURUSD-768x431.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/EURUSD-1536x862.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/EURUSD.jpg 1679w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">GBP\/USD Intraday:<\/span>\u00a0 Trend downside<\/strong><\/h3>\n<p><strong>Our pivot point is at 1.29250<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Short positions below pivot with targets at 1.28750 &amp; 1.28500 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Price above pivot would call for further upside to 1.29770 &amp; 1.30020.<\/p>\n<p><strong>Comment<\/strong>: Price below 55MA &amp; 20MA and RSI below 50 levels.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-2600 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2020\/11\/GBPUSD-1024x576.jpg\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/GBPUSD-1024x576.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/GBPUSD-300x169.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/GBPUSD-768x432.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/GBPUSD-1536x864.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/GBPUSD.jpg 1679w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">USD\/JPY Intraday:<\/span> Trend on upside<\/strong><\/h3>\n<p><strong>Our pivot point is at 104.580<\/strong><\/p>\n<p><strong>Preferable Price\u00a0<\/strong><strong>Action: <\/strong>Long position above pivot with the target at 104.900 and 105.100 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: The downside breakout of pivot would call for 104.270 and 104.070.<\/p>\n<p><strong>Comment<\/strong>: price above 55MA &amp; 20MA and MACD in positive territory.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-2601 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2020\/11\/USDJPY-1024x575.jpg\" alt=\"\" width=\"1024\" height=\"575\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/USDJPY-1024x575.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/USDJPY-300x168.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/USDJPY-768x431.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/USDJPY-1536x862.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/USDJPY.jpg 1679w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Re<\/span><span style=\"color: #008000\">sistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support <\/span><span style=\"color: #ff0000\">Levels\u00a0<\/span><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><span style=\"color: #cf2e2e\">AUD\/USD Intraday:<\/span>\u00a0 Resistance at 0.70270<\/h3>\n<p><strong>Our pivot point is at 0.70270<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong><del>:<\/del> Short positions below pivot with targets at 0.69760 &amp; 0.69500 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Above pivot looks for further upside with 0.70790 &amp; 0.71040 as targets.<\/p>\n<p><strong>Comment<\/strong>: Pair below its 55MA &amp; 20MA and RSI below 50 levels.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-2602 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2020\/11\/AUDUSD-1024x577.jpg\" alt=\"\" width=\"1024\" height=\"577\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/AUDUSD-1024x577.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/AUDUSD-300x169.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/AUDUSD-768x433.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/AUDUSD-1536x865.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/AUDUSD.jpg 1678w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">CRUDEOIL Intraday: <\/span>Strong trend on downside<\/strong><\/h3>\n<h4><strong>Our pivot point is at 35.35<\/strong><\/h4>\n<p><strong>Preferable Price Action<\/strong>: Sell crude below pivot with targets at 34.10 and 33.40 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Above pivots buy Oil with 36.60 &amp; 37.30 as targets.<\/p>\n<p><strong>Comment<\/strong>: Crude below Its 55MA and MACD in negative territory.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-2603 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2020\/11\/CRUDEOIL-1024x576.jpg\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/CRUDEOIL-1024x576.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/CRUDEOIL-300x169.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/CRUDEOIL-768x432.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/CRUDEOIL-1536x865.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/CRUDEOIL.jpg 1679w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><strong><span style=\"color: #cf2e2e\">XAU\/USD Intraday: <\/span>\u00a0Support at 1878.30<\/strong><\/h3>\n<p><strong>Our pivot point is at 1878.30<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Further upside to 1890.30 &amp; 1896.10 level.<\/p>\n<p><strong>Alternative Price Action<\/strong>: If price gives downside breakout of a pivot, then price extends to 1866.50 and 1860.50.<\/p>\n<p><strong>Comment<\/strong>: MACD in positive territory and price above its 20MA &amp; 55MA.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-2604 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2020\/11\/XAUUSD-1024x573.jpg\" alt=\"\" width=\"1024\" height=\"573\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/XAUUSD-1024x573.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/XAUUSD-300x168.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/XAUUSD-768x430.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/XAUUSD-1536x860.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/XAUUSD.jpg 1679w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\n<hr \/>\n<h3><span style=\"color: #cf2e2e\"><span style=\"color: #cf2e2e\">Dow Jones\u00a0Intraday:<\/span><\/span> Trend on the downside<\/h3>\n<p><strong>Our pivot point is at 26,680.00<\/strong><\/p>\n<p><strong>Preferable Price Action<\/strong>: Take sell positions below pivot with targets at 26,350.00 &amp; 26,120.00 in extension.<\/p>\n<p><strong>Alternative Price Action<\/strong>: Above 26,680.00 looks for further upside to 27,020.00 &amp; 27,250.00.<\/p>\n<p><strong>Comment<\/strong>: Price below its 20MA &amp; 55MA and RSI at 50 levels.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-2605 size-large\" src=\"https:\/\/blog.sevenstarfx.com\/wp-content\/uploads\/2020\/11\/WS30-1024x575.jpg\" alt=\"\" width=\"1024\" height=\"575\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/WS30-1024x575.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/WS30-300x168.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/WS30-768x431.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/WS30-1536x862.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/WS30.jpg 1679w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p style=\"text-align: center;font-size: 11px\"><span style=\"color: #008000\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000\">Red Lines Indicates Support Levels\u00a0<\/span><br \/>\n<span style=\"color: #3366ff\">Light Blue is a Pivot Point<\/span> \u00a0\u00a0\u2013 Black represents the price when the report was produced7<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Wrap: Stocks, Bonds, Commodities US stock indexes closed lower on Friday to cap Wall Street&#8217;s biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record&hellip; <\/p>\n","protected":false},"author":2,"featured_media":2608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[8,10,21,95,92,3,94,79,33,85,72,50],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Market Outlook, 02 November, 2020 | Seven Star FX<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Market Outlook, 02 November, 2020 | Seven Star FX\" \/>\n<meta property=\"og:description\" content=\"Market Wrap: Stocks, Bonds, Commodities US stock indexes closed lower on Friday to cap Wall Street&#8217;s biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Seven Star FX\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SevenStar.FX\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-02T08:53:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-02T08:54:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/Oil_prices_slipped_15_in_last_one_week_as_European_countries_widens-5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"SevenstarFX\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sevenstarfx\" \/>\n<meta name=\"twitter:site\" content=\"@sevenstarfx\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SevenstarFX\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/\"},\"author\":{\"name\":\"SevenstarFX\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088\"},\"headline\":\"Daily Market Outlook, 02 November, 2020\",\"datePublished\":\"2020-11-02T08:53:01+00:00\",\"dateModified\":\"2020-11-02T08:54:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/\"},\"wordCount\":852,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\"},\"keywords\":[\"CORONAVIRUS\",\"CRUDEOIL\",\"currency\",\"Europe lockdown\",\"fiscal stimulus\",\"gold\",\"lockdown\",\"oracle\",\"S&amp;P 500\",\"U.S. Stimulus\",\"US Dollar\",\"Us market\"],\"articleSection\":[\"Daily Market outlook\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/\",\"name\":\"Daily Market Outlook, 02 November, 2020 | Seven Star FX\",\"isPartOf\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#website\"},\"datePublished\":\"2020-11-02T08:53:01+00:00\",\"dateModified\":\"2020-11-02T08:54:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.sevenstarfx.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Market Outlook, 02 November, 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#website\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/\",\"name\":\"Seven Star FX\",\"description\":\"Forex Trading\",\"publisher\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.sevenstarfx.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\",\"name\":\"Seven Star FX\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png\",\"contentUrl\":\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png\",\"width\":260,\"height\":100,\"caption\":\"Seven Star FX\"},\"image\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/SevenStar.FX\/\",\"https:\/\/twitter.com\/sevenstarfx\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088\",\"name\":\"SevenstarFX\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g\",\"caption\":\"SevenstarFX\"},\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/author\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Market Outlook, 02 November, 2020 | Seven Star FX","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/","og_locale":"en_US","og_type":"article","og_title":"Daily Market Outlook, 02 November, 2020 | Seven Star FX","og_description":"Market Wrap: Stocks, Bonds, Commodities US stock indexes closed lower on Friday to cap Wall Street&#8217;s biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record&hellip;","og_url":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/","og_site_name":"Seven Star FX","article_publisher":"https:\/\/www.facebook.com\/SevenStar.FX\/","article_published_time":"2020-11-02T08:53:01+00:00","article_modified_time":"2020-11-02T08:54:21+00:00","og_image":[{"width":1600,"height":1000,"url":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2020\/11\/Oil_prices_slipped_15_in_last_one_week_as_European_countries_widens-5.jpg","type":"image\/jpeg"}],"author":"SevenstarFX","twitter_card":"summary_large_image","twitter_creator":"@sevenstarfx","twitter_site":"@sevenstarfx","twitter_misc":{"Written by":"SevenstarFX","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/#article","isPartOf":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/"},"author":{"name":"SevenstarFX","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088"},"headline":"Daily Market Outlook, 02 November, 2020","datePublished":"2020-11-02T08:53:01+00:00","dateModified":"2020-11-02T08:54:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/"},"wordCount":852,"commentCount":0,"publisher":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization"},"keywords":["CORONAVIRUS","CRUDEOIL","currency","Europe lockdown","fiscal stimulus","gold","lockdown","oracle","S&amp;P 500","U.S. Stimulus","US Dollar","Us market"],"articleSection":["Daily Market outlook"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/","url":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/","name":"Daily Market Outlook, 02 November, 2020 | Seven Star FX","isPartOf":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#website"},"datePublished":"2020-11-02T08:53:01+00:00","dateModified":"2020-11-02T08:54:21+00:00","breadcrumb":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-02-november-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.sevenstarfx.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Daily Market Outlook, 02 November, 2020"}]},{"@type":"WebSite","@id":"https:\/\/www.sevenstarfx.com\/blog\/#website","url":"https:\/\/www.sevenstarfx.com\/blog\/","name":"Seven Star FX","description":"Forex Trading","publisher":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.sevenstarfx.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization","name":"Seven Star FX","url":"https:\/\/www.sevenstarfx.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png","contentUrl":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png","width":260,"height":100,"caption":"Seven Star FX"},"image":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/SevenStar.FX\/","https:\/\/twitter.com\/sevenstarfx"]},{"@type":"Person","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088","name":"SevenstarFX","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g","caption":"SevenstarFX"},"url":"https:\/\/www.sevenstarfx.com\/blog\/author\/author\/"}]}},"_links":{"self":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/2598"}],"collection":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/comments?post=2598"}],"version-history":[{"count":3,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/2598\/revisions"}],"predecessor-version":[{"id":2610,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/2598\/revisions\/2610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/media\/2608"}],"wp:attachment":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/media?parent=2598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/categories?post=2598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/tags?post=2598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}