US stock markets closed lower throughout last week with the Dow Jones declined 0.9%; while the S&P 500 and Nasdaq fell 0.5% and 1.1%, respectively. Global investors will be focusing on the US GDP release scheduled for this week with the consensus forecasting growth above 30%.
Meanwhile, the lack of sentiment over the past week made the JCI movement relatively stagnant with a slight increase of 0.17%. With only 2 trading days this week, JCI is expected to continue to consolidate while waiting for some important sentiments in early November such as the US Election and the release of Q3 / 2020 GDP.
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