Due to the end of US daylight saving, the ADP private payrolls report will be released at 21:15 Beijing time. Markets broadly expect October ADP payrolls around +70k. After the Fed paused hikes in October, continued employment resilience would affect pricing of a potential December rate hike and could move USD, US equities and gold.

US equity futures fell as markets priced higher odds of a Democratic 'blue wave' in the 2026 midterms, including gubernatorial gains in key states. S&P 500 futures dropped 1.1%, Nasdaq-100 futures fell 2.0% and Dow futures were down 0.7%. Kalshi shows the probability of Democratic control of the Senate has risen above 90%, indicating traders increasingly bet on a significant Democratic outcome. Some Wall Street strategists said a larger Senate majority for Democrats could pressure markets, particularly stocks tied to AI infrastructure. In after-hours trading Microsoft, Amazon and NVIDIA slid. Data-center play CoreWeave fell 6% on Robinhood overnight; Elon Musk's SpaceX was down 4% on Robinhood.

美国总统特朗普：如果得克萨斯州州长格雷格·阿博特在其政治生涯的最后六个月没有变成一个RINO（名义上的共和党人），他就不会输。他回到了他最初的那套模式，而那并不好看！