Market analysts predicted choppy trading and sharp swings going into the US presidential election.
AdvertisementMarket analysts are braced for volatility ahead of Tuesday's presidential election as traders shuffled their bets on a Donald Trump or Kamala Harris victory.
The drivers of market performance — economic growth, corporate earnings, and innovation — ultimately outshine the impact of political changes.
The Trump trade is a stronger dollar, weaker bonds/ higher bond yields and stronger crypto.
With one day left of this campaign, the dollar is falling, and the dollar index is at a two-week low.
Persons:
Donald Trump, Kamala Harris, —, who'll, Naeem Aslam, Joshua Mahony, Harris, Hal Cook, Hargreaves, Kathleen Brooks, Trump
Organizations:
Service, Republican, Democratic, Federal Reserve, Zaye, Trump, FX
Locations:
Iowa, United States