US election odds swing again
• Market vol. US jobs data & election polls whipsawed markets. USD lost ground this morning (AUD higher) after election polls/odds narrowed.• US election. Voting progressively closes over Wednesday morning AEDT. Market reaction to the result could be binary. Volatility anticipated.• Event radar. RBA meets (Tues) with the US Fed expected to cut rates (Fri AEDT). But this should be secondary to the US election. The sticker shock of a weaker than predicted US non-farm payrolls print and US election polls released over the weekend whipsawed markets on Friday night and this morning. On net, US equities increased (S&P500 +0.4%)...