# Week Ahead: Bank of England Decides, US Votes in Midterms, Payrolls Follow | AskTraders.com

> The S&P 500 fell 1.8% on Friday to close at 7,580.07. The week ahead includes a Bank of England rate decision on Thursday with the prior rate at 3.75% and no consensus, US midterm elections on Tuesday, and October US payrolls on Friday.

- Date: 2026-11-01 · published 2026-11-01T21:09:06.493Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/70325-week-ahead-bank-of-england-decides-us-votes-in-midterms-payrolls-follow
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A BoE hike or hold and the US jobs and midterm outcomes can move sterling, US yields and the dollar, which feed into import costs and the price of USD-denominated feed commodities.

## Read by commodity

- DXY: neutral
- USDCAD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-01-31 | [Dollar Flat Ahead of FOMC Decision, US Payrolls Report](https://feedsoft.ai/events/32401-dollar-flat-ahead-of-fomc-decision-us-payrolls-report.md) | +0.3% | +0.4% |
| DXY | 2024-04-29 | [Market trades with caution ahead of US Fed rate decision this week](https://feedsoft.ai/events/31036-market-trades-with-caution-ahead-of-us-fed-rate-decision-this-week.md) | -0.7% | -1.1% |
| DXY | 2017-12-14 | [Bank of England unanimously votes to hold interest rates, shifting focus to inflation](https://feedsoft.ai/events/67720-bank-of-england-unanimously-votes-to-hold-interest-rates-shifting-focus-to.md) | -0.4% | -2.1% |
| DXY | 2021-11-15 | [Bank of England says December Rate Hike "In Play"](https://feedsoft.ai/events/44294-bank-of-england-says-december-rate-hike-in-play.md) | +0.6% | +1.2% |
| DXY | 2024-12-19 | [Bank of England delivers 'dovish hold' as growth stalls, trade risks rise \| Euronews](https://feedsoft.ai/events/27201-bank-of-england-delivers-dovish-hold-as-growth-stalls-trade-risks-rise-euronews.md) | +0.5% | +1.4% |

## Sources

- asktraders.com: https://www.asktraders.com/analysis/week-ahead-bank-of-england-decides-us-votes-in-midterms-payrolls-follow/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.