GBPUSD Macro Review 11/01/19

GBPUSD pops on UK election news, but uncertainty still hangs over whether the election will create a path of action.

Gold prices have been ranging for about a month now.

US short term rates drop on another FED rate cut while 6 mo Gilts try unsuccessfully to breach the 0.74 levels.

On the longer end of the curve, both Treasury and Gilt yields fall.

US and UK inflation expectations fall. UK inflation expectations continues breaching new lows.

SP500 continues a drawn out bullish streak, but FTSE struggles to recover from recent lows.

US macro releases show a drop in GDP and Jobs.

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