London markets closed with mixed results on Monday, as investors prepared for a week laden with key political and economic events, including the upcoming US presidential election and anticipated policy statements in both the UK and US.

European stocks lost steam on Monday afternoon as earlier gains faded and global markets turned red ahead of Tuesday's US presidential election.

USD/CHF retraces its recent gains from the previous session, trading around 0.8650 during the European session on Monday.

Here is what you need to know on Monday, November 4: The US Dollar (USD) stays under heavy selling pressure to start the new week as investors gear up for the presidential election on Tuesday.