Phase of stronger equities linked to the midterms could hurt the USD – Credit Suisse UnitedStates US Elections Equities DollarIndex Banks
tives while Democrats could lose the Senate too. In that case, equities could rise, hurting the US Dollar, economists at Credit Suisse report.“While final results may not be known for some days, the odds are high that Democrats lose control of the House and possibly the Senate too. This would bring about yet another phase of ‘divided government’. Market analysts covering the equity market tend to lean towards stronger equities as a likely outcome of such a result.
, thereby boosting the greenback. But this debt limit element has many months to play out yet and is not an immediate issue.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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