October US ISM manufacturing index 48.7 vs 49.5 expectedUS October final S&P Global manufacturing PMI 52.5 vs 52.2 prelimCanada S&P Global October manufacturing PMI 49.6 vs 47.7 priorFed's Cook: Labor market is 'still solid', monitoring itFed's Goolsbee: My threshold for cutting in Dec is higher than at previous meetingFed Daly: Supported the rate cutFed's Miran: Will not commit to another dissent in December, things could changeBOC's Macklem: American companies are largely paying for the tariffsECB's Kocher: Inflation expectations are relatively stably anchoredMarkets:Gold up $8 to $4009Bitcoin down 3.3%, ETH lower by 7.7%S&P 500 up 0.1%WTI crude down 5-cents to $61.03US 10-year yields flat at 4.10%USD leads, CHF lagsPrice action was light in North American trading.The good news is that we got some economic data to chew but the bad news was it showed some deterioration in manufacturing sentiment as the ISM number missed. The silver lining was the prices paid fell. Within the report, nearly every comment was lamenting tariffs.The US dollar was modestly stronger on the day and was particularly strong early in US trading. That could have been a reflection of new-month flows. In any case, the pop against the commodity currencies and pound faded quickly.The Swiss franc fell in European trading on softer CPI numbers and then chopped mostly sideways.US equities started stronger on big gains from Amazon, Tesla, Eli Lilly and Nvidia. Breadth was one again lackluster and the S&P 500 closed only modestly higher while the Russell 2000 fell by 0.4%. This article was written by Adam Button at investinglive.com.