As the U.S. election nears its conclusion, it’s looking increasingly likely that America could see a return of Donald Trump to presidency.

The wait is finally over. It has been decades since a government’s budget statement has been so anticipated, let alone so pessimistically anticipated given all the doom and gloom that has emanated from numbers 10 & 11 Downing Street and endless debates on individual fiscal measures.

The phrase on investors’ lips this week is of course the Autumn Budget that is due to be delivered by Chancellor Rachel Reeves today at 12:30pm.

This week has been relatively quiet on the economic front, as markets shift their attention to the upcoming U.S. election, now just two weeks away.

So far, it’s been a mixed week for markets as investors digest Q3 corporate earnings and economic data.

Stocks have exhibited mixed performance thus far this week. Chinese stocks have been on quite the rollercoaster.

On Tuesday, the Eurozone’s headline inflation rate came in for the month of September at 1.8%, below the European Central Bank’s (ECB) target of 2%. Core inflation, which strips out volatile elements like food and fuel, also slowed to 2.7%, down from 2.8% in August.

On Monday, data for the Eurozone was released showing that the region’s economic activity has slowed.

The UK’s headline annual Consumer Price Index (CPI) remained unchanged in August, holding steady at 2.2%, with the rise in air fares offset by lower fuel prices.

Markets appeared to be more upbeat this week rebounding after a poor performance last week, as investors looked towards key inflation data and the European central bank interest rate decision.