US manufacturing started November on stronger footing, with ISM Manufacturing PMI rising to 55.5 from 54.5, beating expectations. This week, attention turns to the US midterm elections and the labor market. Tuesday brings JOLTS job openings, followed by ISM Services PMI on Wednesday and the Bank of England’s rate decision on Thursday. Friday’s US jobs report is the key economic release. Nonfarm payrolls are expected to rise by 65K, up from September’s 29K, while unemployment is forecast to hold at 4.2%. With the Fed weighing persistent inflation against labor market conditions, the data will help shape expectations for its next move.