Prop firm news

EUR/USD at 1.1280: 4% eurozone inflation weighs on the ECB rate, dollar slumped after the elections

The euro gained more than 0.6% against the dollar on Wednesday and approached four-week highs. Two reasons came together at once: price growth in the eurozone accelerated to a three-year peak, and the Democrats won the US midterm congressional elections.

Nikkei 225 is tumbling, with SoftBank and AI stocks leading the decline

On the morning of November 4, the Japanese market moved lower across the entire technology sector. Reuters links the sell-off to fears that a Democratic victory in the US elections will lead to tighter regulation of artificial intelligence.

Nasdaq -2.86% for the day: Wall Street enters the week of elections and earnings

Friday's session was the worst for the Nasdaq since the start of June: the index lost 2.86%, the S&P 500 - 1.82%. This week the market goes through US elections, earnings reports from major technology companies and employment data all at once.