Societe Generale in its early Tuesday economic news summary pointed out:

-- US dollar rangebound, DXY holds above 200dma (103.84), 10-year United States Treasury +1bp at 4.29%. Three-year refunding auction soft: 0.9bp tail, non-dealer bidding 80.2%, indirect demand took 70.6%, b/c 2.60x.

-- Day ahead: US presidential elections. ISM services, SG forecasts 54.3. US and United Kingdom benchmark auctions.

-- The Reserve Bank of Australia leaves CRT on hold at 4.35%. Statement repeats not ruling anything in or out as underlying inflation remains too high. Gross domestic product growth for FY24/25 lowered to 1.7% from 1.9%. AUD/USD +0.2% at 0.6600, three-year ACGB +3bps at 4.08%.

-- China's Caixin PMI services climbed to 52.0 in October from 50.3. CSI 300 +2.2%. USD/CNH steady at 7.11. Premier Li Qiang is 'fully confident' that the economy will hit its growth target this year. NPC mulls lifting local government debt ceiling.

-- Nikkei +1.1%, EUR 10-year IRS flat at 2.43%, Brent crude -0.1% at $75.0/barrel, Gold steady at $2,740/oz.