USD strengthens, stocks fall on Friday

It looks like another risk-off day on Friday as indices are down, while the USD is stronger, heading into the London session.

The final presidential debate between Trump and Biden was calmer than the first one but brought no important or interesting topics. Markets failed to react in a volatile way.

Later in the day, preliminary PMIs across the EU are due, and numbers should come out weaker than in September. Moreover, considering half of Europe is being closed again due to lockdowns and restrictions, PMIs will most likely drop further in the coming months.

Additionally, reported coronavirus cases in Europe have more than doubled in 10 days, crossing 200,000 daily infections for the first time on Thursday.

Some positive news happened, as well. Gilead Sciences received approval by the US FDA for its antiviral therapy to treat the coronavirus. It looks like the first official vaccine might be ready "soon."

Gold and silver were weaker today, silver down 0.5% to trade at 24.50 USD, and gold fell again below the 1,900 USD threshold. 
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