Quotes
The markets are scrambling to figure out what happens next, but for the time being, the market is pricing in a higher growth and higher inflation outlook,
Peter Esho of Esho Capital said in a commentary Positive outcomes for Harris are expected to boost Asian assets, while Trump gains may exert downward pressure,
Anderson Alves of ActivTrades said in a commentary The bigger move in FX markets is going to be the dollar's downside if there's not a red sweep. And particularly if Kamala wins, I think that would be the biggest dollar down move,
Turner said, referring to Democratic nominee and Vice President Kamala Harris Watching the dollar is going to be critical tonight. That will be the most liquid and the most transparent messaging to what we are getting markets to do, because that's where people can put money to work fast,
said David Zervos, Jefferies chief market strategist, Tuesday on CNBC's "Money Movers." Levies on trade should increase domestic business activity and reduce U.S. imports. We believe these effects should help more domestic-oriented small-cap companies and raise the U.S. dollar's exchange value,
Paul Christopher, head of global market strategy at the Wells Fargo Investment Institute, said in a note to clients Tuesday The big story is that big spike we’ve seen in overnight vol,
Pepperstone senior research strategist Michael Brown said Today everything is just 'wait and see'. Nobody is going to be have any conviction whatsoever until we start getting the first results overnight and that’s where you’ll see markets start to jump around,
Trump remains a slight favorite to win the 2024 election, though the outcome is effectively a toss-up,
says an analysis by Decision Desk HQ on October 28. While your guess is as good as ours about who will win, we're confident about the scenarios (we) laid out recently: In short, a Trump win or Red wave are bullish for the USD; a Blue Wave will crater the USD,
analysts at TD Securities said in a note We judge financial markets are now positioned for a Harris win,
said Carol Kong, a currency strategist at Commonwealth Bank of Australia Our central case is that the RBA's first cut will not arrive until Q2 2025, but we see an increasing risk that it takes even longer for cuts to be delivered, or that the RBA misses the easing phase altogether,
HSBC's chief economist for Australia and New Zealand, Paul Bloxham, wrote in a note We don't think Harris is necessarily bad for the USD over the medium term,
The USD can therefore fall modestly by 1 per cent‑2 per cent this week if Vice President Harris wins and lift materially if (former) President Trump wins,
This could come about because domestic inflation continues to fall only very slowly or because, by the time domestic inflation has eased sufficiently, the global economy is already re-inflating,
We need everyone to vote, Pennsylvania, you will make the difference in this election,
Ms. Harris said in her final pitch, after a five-city swing across the state It's important, it's my civic duty and it's important that I vote for myself and I vote for the democracy and the country which I supported for 22 years of my life,
said Ron Kessler, 54, an Air Force veteran from Pennsylvania who said he was voting for just the second time We know we can expect more of it going into tomorrow, throughout tomorrow and in the days after the election,
Because the tools pollsters have to forecast turnout are fairly limited — stated intention to vote, interest in the election, perceived importance of the outcome, past turnout — they may all make the same mistakes if those tools don’t turn out to be that useful in a given election,
said Scott Keeter, a senior survey adviser at Pew Research Center They've priced what they think is price-able and that's that,
said Westpac strategist Imre Speizer, There's certainly a lot of anxiety about the election result, but (good) economic data, Fed cutting rates, earnings coming in pretty strong can overwhelm that anxiety,
