Investing.com — Markets are increasingly factoring in the possibility of a Donald Trump victory and Republican control of Congress. However, Gavekal Research has warned that current polls do not necessarily support the expectation of a “red wave” and this could lead to a potential “violent reversal” in U.S. stocks. Tan Kai Xian from Gavekal Research … Read more
BMO Capital Markets recently released its 2024 election guide, analyzing how different sectors of the stock market may be impacted depending on the outcome of the White House race. The firm focused on factors such as tariffs, regulation, immigration, taxation, and socially conscious business frameworks. While they are not predicting the election outcome, BMO shared … Read more
(Bloomberg) — Asian stocks and bonds are facing a second consecutive day of declines as investors reassess their expectations for Federal Reserve interest rate cuts for the remainder of the year. The MSCI AC Asia Pacific Index dropped by as much as 1.1%, with Australian and Japanese benchmarks falling while Chinese markets saw gains. This … Read more
Asia shares fluctuated on Monday, with pressure from weakness in Chinese stocks, while bitcoin reached a three-month peak as Trump trades continued to gain momentum. Gold reached another record high due to conflict in the Middle East and the closely contested U.S. presidential election, with the yellow metal expected to remain popular amid global uncertainty. … Read more
A sell-off in Treasuries has strengthened the dollar and left equities mixed as new signs of economic strength have led traders to lower their expectations for US rate cuts. In Japan, shares rose with the help of a weaker yen, while equities in Australia and South Korea fell. US futures remained flat after the S&P … Read more