SHANGHAI, Nov. 4 (SMM) – Base metals prices are expected to diverge today. China aims to materialize a fully moderately well-off society by 2020, boosting crude oil prices, but gave little boost to base metals. ADP’s employment numbers in October and ISM’s non-manufacturing index for the US slated for release this evening are not promising, boding ill for the non-farm payrolls in October.

Eurozone September PPI fell 3.3%, coinciding with the dovish statement by European Central Bank President at the bank’s October policy meeting.

The employment sub-indice in New York Fed’s manufacturing in October dropped 8.49, its lowest level since December 2012. The indice in Philadelphia Fed’s manufacturing fell from 10.2 in September to 1.7, and hitting the lowest since January. ISM’s employment indice in the manufacturing slid to 47.6, and its lowest since August 2009.