Category: elections
-
Which S&P 500 sectors perform best around US Presidential elections? By Investing.com
•
The US dollar often faces headwinds during September and October in US presidential election years, but historically sees a rally in November and December, according to Bank of America’s latest market commentary. A Bank of America note released Tuesday pointed to sector performance trends, showing that financials, commodities and utilities…
-
Regional elections risks may impact EUR, warns Citi By Investing.com
•
Citi has highlighted the potential for increased political risk in Europe as German regional elections begin on September 1. According to the Citi Economics Europe report, the elections could lead to major shifts in regional politics, potentially destabilizing the national coalition, changing national fiscal policies, and reorienting Germany’s policies within…
-
Markets will remain range bound until November elections: Wells Fargo By Investing.com
•
Wells Fargo analysts believe the U.S. stock market is likely to remain rangebound until the November election. The bank said the pound, which recently fell 9.7% from its July peak to its August low, was now stuck between key support and resistance levels. Wells Fargo describes this as “no man’s…
-
BofA: The US dollar has rallied ahead of 10 of the past 13 elections
•
Bank of America confirmed that the US Dollar Index (DXY) historically tends to rise from August until the US election day in November, indicating potential strength for the US dollar ahead of the upcoming elections. Key points: Seasonal trends: Since 1970, the US Dollar Index has shown strength in August,…
-
What the History-Making Elections of 2024 Could Mean for Energy
•
Breadcrumbs Path Links PMN Business The new government in the UK, political deadlock in France, and dramatic confrontation in the US will have dire consequences for investment and the transition to clean fuels. Article author: Bloomberg News Bloomberg News Published on August 8, 2024 • Read for 5 minutes You…
-
Democrats Write To DNC On Crypto Policy Ahead Of US Elections
•
Several Democratic lawmakers and election candidates in the United States have written to the Democratic National Committee (DNC), calling for a change in the party’s approach to the digital asset industry. This development comes as Republican presidential candidate Donald Trump continues to gain popularity as a supporter of cryptocurrencies ahead…
-
Tyler Winklevoss calls for new SEC Chair before US elections
•
Tyler Winklevoss stressed the urgent need to appoint a new SEC chairman before the upcoming U.S. elections. Winklevoss Calls for Quick Change in SEC Leadership Before Election at recent days mail Tyler Winklevoss, co-founder of Winklevoss Capital Management and Gemini crypto exchange, called for action in Washington ahead of the…
-
Bitcoin Option Traders Are Betting On A Price Breakout Ahead Of US Elections: QCP Capital
•
Bitcoin has been on a steady rise over the past seven days, returning to the $61,000 and $67,000 areas where it spent most of the second quarter. This positive performance comes despite fear, uncertainty and doubt due to speculation about Mt. Gox repaying its customers. Interestingly, recent trading data has…
-
Ripple CEO Slams SEC! Will XRP Surge Post U.S. Elections?
•
The crypto world has been filled with recent developments surrounding ripplethe fintech company behind the XRP cryptocurrency. At the center of the discussion is Ripple CEO Brad Garlinghouse, who has taken a bold stance in criticizing the U.S. Securities and Exchange Commission (SEC) and its chairman, SEC Chairman Gary Gensler.…
-
Impending tax hike looms for Americans in the UK following general elections
•
Americans living and working in the UK may face increased tax rates due to the results of the UK general election and the US presidential election in November. “For the Americans, this is the warm-up period before the main event of the US elections in November,” said Alex Street, a…
-
Asia FX muted as dollar weakens; euro steady as leftists lead French elections By Investing.com
•
Most Asian currencies were little moved on Monday, with the dollar suffering sharp losses amid growing expectations of interest rate cuts, while the Japanese yen held firm on data showing a recovery in average wages. Elsewhere, European stocks steadied after French election results showed a left-wing coalition won the most…
-
European Stocks Advance With Elections in Focus: Markets Wrap
•
(Bloomberg) — European stocks rose as key elections took center stage and investors grew more optimistic about the viability of a Federal Reserve rate cut after U.S. economic data bolstered the case for easing. Most Read from Bloomberg France’s benchmark CAC 40 index rose for a second day in a…
-
Euro’s lack of faith highlights risks surrounding French elections
•
The euro may have looked a bit optimistic early yesterday, but it faces a reality check today. The first round of the French election saw a clear victory for Le Pen’s far-right faction. Although the margin of victory was slightly narrower than expected, it also underscored the Macron government’s failure…
-
France’s elections see strong voter turnout amid uncertain outlook (NYSEARCA:EWQ)
•
Sylvain Lefebvre/Getty Images News Large numbers of voters in France went to the polls in the first round of legislative elections called unexpectedly by President Emmanuel Macron this month, the New York Times reported on Sunday. Macron’s move is seen as a political gamble. This may herald the formation of…
-
Gary Lineker Scores Big with Podcasts as Football and Elections create a Hattrick of Earnings
•
Despite England’s poor start to Euro 2024, the tournament has proven to be a lucrative one for former captain, Gary Lineker. Analysis by media specialists has revealed that the BBC pundit has earned more than £125,000 from his podcast, The Rest Is Football, since England’s opening match against Serbia. The…
-
Newsquawk Week Ahead: French & UK elections, US ISM & NFP, EZ CPI, FOMC Minutes
•
Sun: French Parliamentary Election Mon: Canada Day; Japanese Tankan (Q2), Japanese, Chinese Caixin, EZ, UK & US Manufacturing Final PMI (June), German Prelim. CPI (June), US ISM Manufacturing PMI (June) Tue: RBA Minutes (June), Australian & Canadian Manufacturing PMI Final (June), EZ Flash CPI (June), Unemployment Rate (May), US JOLTS…
-
MUFG: EUR/USD outlook amid French elections and June NFP print
•
Euro to US Dollar Monthly MUFG discusses the potential impact of the French elections and June’s non-farm payrolls report on EUR/USD. The focus is on the risk premium already priced into EUR/USD and how the election results could influence further moves. the main points: the current situation: Stability: The EUR/USD…
-
3 scenarios for the EUR/USD in response to French legislative elections
•
Investing.com – The euro has fallen significantly in recent weeks, particularly affected by the shock of the dissolution of the National Assembly in France and the resulting political uncertainty. In a note published on Tuesday, Citi analysts highlighted that the reaction of the EUR/USD pair was more significant than they…
-
BNP Paribas on what’s priced into FX markets with upcoming French elections
•
Indicators suggest that valuations and positioning are not at extended levels. EURUSD valuations are far from over the top in a downward move. Reinforces conviction to challenge the risk reward of maintaining short exposure to the euro. Elections exacerbate the scope of the downside. Positions are not close to extreme…