US Election Playbook: What You Need to Know Ahead of the US Election

The US Election takes centre stage for market participants. Polls remain in favour of Biden, however, key battlegrounds show a tighter race.

from DailyFX - Market News https://ift.tt/2TVd2RD
via IFTTT

Trump Vs. Biden on Economies and Markets

Depending upon the outcome of the November presidential election, the US economy could take very different tracks.

from DailyFX - Market News https://ift.tt/3kXRSOQ
via IFTTT

British Pound (GBP) Latest: GBP/USD Focus on Election, Brexit, Bank of England

The principal driver of GBP/USD short-term will be the results of today’s US elections but traders also need to keep one eye on the post-Brexit trade talks and this Thursday’s Bank of England meeting.

from DailyFX - Market News https://ift.tt/385QSEB
via IFTTT

DAX 30 Index Approaching Key Resistance As Germany Locks Down

Germany’s benchmark DAX 30 index is at risk of extended losses as local authorities hint at an extension of the nation-wide lockdown if Covid-19 cases continue to rise.

from DailyFX - Market News https://ift.tt/34Pq35A
via IFTTT

Gold Price Coils Up Ahead of Election on Improved Sentiment, Weaker USD

Gold prices are coiling up in a tight range ahead of the US presidential election. Precious metal prices were underpinned by improved market sentiment and a weakening US Dollar.

from DailyFX - Market News https://ift.tt/2U1j0kl
via IFTTT

Will Trade Wars Persist After the US Election?

What will the global economy and international trade regime look like under a Trump or Biden administration and how will that impact foreign exchange markets?

from DailyFX - Market News https://ift.tt/33dTjST
via IFTTT

Silver, Copper Brace for US Election Results, Fate of Stimulus, Trade Wars

Silver and copper prices are consolidating ahead of the US election with the fate of another fiscal package and trade wars on the table. How can these react in the days ahead?

from DailyFX - Market News https://ift.tt/3emMwu2
via IFTTT

Australian Dollar Spikes Lower as RBA Cuts Rates, Launches QE Program

The Australia Dollar spiked lower against its major counterparts after the Reserve Bank of Australia cut the official cash rate and introduced a $100 billion QE program.

from DailyFX - Market News https://ift.tt/3oTZEeQ
via IFTTT

Dow Jones Climbs Before Election, Sending Heatwaves Across Asia-Pacific

The Dow Jones rose 1.6% a day before the US election, setting a positive tone for Asia-Pacific equities. Markets appeared to have anticipated a “Blue Wave” election outcome, which is perceived stoc...

from DailyFX - Market News https://ift.tt/3mJLiMo
via IFTTT

Crude Oil Prices Ripe for Rebound One Day Ahead of Presidential Election?

Crude oil prices may be ripe for a rebound as the cycle-sensitive commodity shows signs of bottoming out at key support less than 1 day before the US presidential election.

from DailyFX - Market News https://ift.tt/383FGs6
via IFTTT

Australian Dollar Forecast: AUD/USD Tests Support Ahead of RBA

AUD/USD probes the critical 0.7000-price level once again as the pro-risk Australian Dollar faces broader selling pressure headed into the upcoming RBA decision, but will support hold?

from DailyFX - Market News https://ift.tt/3jOlYmt
via IFTTT

Nasdaq 100 Pre-Election Outlook: What Sectors Are at Risk?

Technology stocks have been a weak spot over the last two weeks as traders shy away from some of the market’s most risky assets. Will pain continue after the election or is recent weakness a mere b...

from DailyFX - Market News https://ift.tt/3kSV1zg
via IFTTT

Canadian Dollar Price Forecast: USD/CAD, AUD/CAD, GBP/CAD

In an extremely busy week out of the US, CAD traders may want to look away from the US Dollar; and there's potential in both AUD/CAD and GBP/CAD.

from DailyFX - Market News https://ift.tt/326DiNL
via IFTTT

Euro Forecast: Bearish Momentum Accelerating in EUR/JPY, EUR/USD

Weak economic data and a fresh wave of lockdowns have investors reconsidering the Euro at the start of November.

from DailyFX - Market News https://ift.tt/325PHkS
via IFTTT

Gold Price Outlook Mired by Election; Watch VIX & Real Yields

Gold price outlook is clouded by heightened uncertainty around the election outcome, but other high-impact event risk this week like the FOMC rate decision and NFP data due could also weigh on prec...

from DailyFX - Market News https://ift.tt/3jQ4fv3
via IFTTT

How Will Markets React to the 2020 US Presidential Election?

A second term of Trump or a first term of Biden could have significantly divergent outcomes for the U.S. economy and global financial markets.

from DailyFX - Market News https://ift.tt/3kPsMBC
via IFTTT

Dow Jones Index Boosted by Upbeat ISM Manufacturing Data

The Dow Jones Index continued to move higher on Monday following an upbeat ISM manufacturing report

from DailyFX - Market News https://ift.tt/383qds1
via IFTTT

Markets Week Ahead: Nasdaq 100, Gold, US Dollar, Crude Oil, All Eyes on Election

US stocks suffered their worst week in over 7 months as the Nasdaq 100, Dow Jones sank. Gold prices fell as the liquid US Dollar rose. The US Presidential Election and rising Covid-19 cases are lik...

from DailyFX - Market News https://ift.tt/2I03u5u
via IFTTT

British Pound (GBP) Latest - Lockdown 2.0 Announced, Brexit Talks Continue

The UK is going back into lockdown this week for at least another month as the spread of Covid-19 continues. There may be some good news from Brexit talks though.

from DailyFX - Market News https://ift.tt/3mGNPHa
via IFTTT

Euro Price Outlook: Covid-19 Lockdowns to Weigh on EUR/USD, EUR/JPY

EUR/USD and EUR/JPY rates could extend losses in the near term should upcoming PMI and retail sales out of the Euro-zone undershoot market expectations.

from DailyFX - Market News https://ift.tt/3253pV1
via IFTTT