In this session we look at how the U.S. midterm result and firmer jobs data have markets pricing almost 100% odds of a 25 basis point Fed hike in December, with U.S. CPI due the same day. Stocks already suffered a sharp drop last week, while crude oil has turned lower — which could later support risk assets if it points to softer inflation. We then move to Nasdaq 100 and the S&P 500 at key supports, the impulsive decline in crude, the US dollar's sideways correction, euro and the commodity currencies, and gold's test of major support. Markets covered: Fed expectations, NASDAQ 100, S&P 500, crude oil, DXY, EURUSD, AUDUSD, USDCAD, gold / XAUUSD. Chapters: 0:00 Intro 1:22 Fed hike odds 3:05 Nasdaq 100 4:03 S&P 500 7:12 Crude oil 8:22 US Dollar Index (DXY) 11:08 EURUSD 11:49 Aussie / AUDUSD 13:15 USDCAD 13:58 Gold 16:33 Disclaimer Gregor Horvat is a professional trader and market analyst with over 20 years of experience in financial markets. He specialises in Elliott Wave analysis, market psychology and intermarket relationships, combining technical analysis with macroeconomic insights to interpret market trends and identify potential opportunities. #MarketRiders #Swissquote #ElliottWave #technicalanalysis #CPI #FederalReserve #inflation #NASDAQ #NDX #SP500 #SPX #crudeoil #oil #WTI #DXY #USDollarIndex #EURUSD #AUDUSD #Aussie #USDCAD #CAD #gold #XAUUSD #riskoff #marketupdate #priceprediction This content is for informational purposes only and is not a work product of any Swissquote research department. It is not financial advice. Trading CFDs and financial instruments involves substantial risk of loss. _____ 👉 Discover our brand and philosophy: https://www.swissquote.com/en/group _____ 👉 Deepen your trading and investing knowledge with Swissquote Inspire: explore our articles, analyses, webinars and exclusive content: https://www.swissquote.com/private/inspire _____ 👉 Discover Swissquote's culture and join a company that values innovation, diversity and team spirit: https://www.swissquote.com/en/careers