On November 3, 2020 in Dixville Notch, New Hampshire, U.S. Voters at Hell House at the historic historic Balsams resort during midnight voting, as part of the first round of voting in the presidential election.
Joseph Prezioso / Agency France-Press / Getty Images
U.S. On the eve of the election, a cheerful mood greets investors, as stocks rise around the world, and Wall Street prepares for another bullish session.
Some say markets could pre-hastily celebrate the White House and Senate victory for Democrats and perhaps a big stimulus aid, although opinions may vary as markets continue with different weekend sell-offs.
“It doesn’t really matter if Trump or Biden wins the election. Milan Katkovich, a market analyst at Axis, told consumers that fears of a contested election have eased and stocks are being bid.
All these pre-election rumblings are ours Call of the day, Gilham Savri, head of macro and dynamic allocation at Unification, which warns that the balance of risks tends to “significantly reduce risk”, underscores markets to two negative circumstances.
First: “Globalization of the second wave of Kovid-19 contagious from Europe to the US” This time governments and markets are more prudent, which removes some of the uncertainty, and we have vaccinated on the horizon, he notes.
But in that wave, Savory sees weak U.S. consumption and external demand problems, reflecting Europe’s woes, the sector, which “does not appear strong enough to withstand another shock.” It is as low as the stimulus made by deep-rooted governments at the moment and has an interest rate of 0%.
Another risk is the U.S. Of the election. Savory warns that financial markets are assuring themselves of a so-called ‘blue wave’, with investors turning to stocks, which will benefit greatly from the stimulus of Democratic stimulus. Clearly, as elections approach, opinions on it change.
Republican Senate and Democratic President – but Savory expects a “mixed government.” “Such a political situation in the short term will have a negative impact on growth wealth in line with current expectations,” and President Donald Trump could bring the result, leading to uncertainty.
“At this stage the scenario seems to be low by the markets,” says Savri.
Over the past few weeks, he has taken a more bearish stance on risky assets such as developed equities and high-yielding credit spreads. In the short term, he says, only two things will counteract that trend – the arrival of a vaccine and / or a global integrated stimulus of 10% of GDP, supported by central banks.
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Are rising and stocks have risen in Asia. Australia’s central bank will cut its key interest rate to a record low, buying સરકારી 100 billion (70 70 billion) from government bonds.
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In the last round of national voting, 100 million early votes have already been cast ahead of former Vice President B Biden Trump and in many war-torn states.
Read: Stock market ‘presidential predictor’ Biden predicts victory – but another step back in favor of Trump
As Covid-1 continues to spread on both sides of the Atlantic, Massachusetts Governor Charlie Baker has announced new sanctions, including a night curfew, to control the COVID-19 case. He is also the top White House coronavirus adviser, Dr. Deb. Deborah Berks has warned that the U.S. Entering the “most deadly phase” and requesting “more aggressive action”.
Five people were killed and 17 wounded on Monday evening after officers carried out a terrorist attack by gunmen in Vienna, Austria.
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The microblogging group said it would initiate share buybacks and the job of chief executive Jack Dorsey is safe after a leadership review, the Securities and Exchange Commission said late Monday.
PayPal shares are lower after the holiday forecast than the payments online payment processor expected.
Factory orders and automobile sales are ahead.
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