The markets have likely priced in an Obama presidency with the fears of higher regulation and higher taxes causing added selling pressure last month.

Will the results of Tuesday's election dramatically effect world markets?

The headline U.S. inflation rate seems to have peaked out at about 5.5% and is now headed down.

Event risk will be spread throughout the currency markets this week, with US services sector data and US non-farm payrolls likely to add to evidence that the country is facing recession, while rate decisions from the Bank of England and European Central Bank are forecasted to yield rate cuts.

The US dollar gained against currencies like the euro and British pound amidst a more than 5 percent drop in oil.

There still isn't any confidence that we've already hit a market bottom.  Even with a possible market shake-out still ahead and a horrible jobs number on Friday, Wall Street is leaning towards a positive week.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for November 3.

Risk trends are still dominating price action in the US dollar, not fundamentals.

The euro was able to reclaim some of its losses against the benchmark dollar last week, but was this a genuine trend change or a mere bounce?  That question will likely be answered by the ECB this coming Thursday.

This week John Mauldin surveys the economic landscape that the new president will inherit.