Hello community,
What is the impact in the market produced by political major events? Lets talk a little bit about the US President election.
On next 8th November next US President will be elected.
Differently from previous elections, this year we have not only Republicans agains Democrats but instead Democrats against Trump. This is a HUGE difference. Trump is not a one more party figure he represents much more than that. He is something unknown in terms of political actions in future. He is like fish out of the water. He came up not from the political establishment. And the markets doesnt like at all uncertainties.
So, markets will react soon or later. And this event have much more impact on markets than other event from economic calendar even than FED rate decisions.
If candidate Trump gains strength in his probability of election than USD will go massively down surging Gold as heaven asset.
Good luck to everyone.
What is the impact in the market produced by political major events? Lets talk a little bit about the US President election.
On next 8th November next US President will be elected.
Differently from previous elections, this year we have not only Republicans agains Democrats but instead Democrats against Trump. This is a HUGE difference. Trump is not a one more party figure he represents much more than that. He is something unknown in terms of political actions in future. He is like fish out of the water. He came up not from the political establishment. And the markets doesnt like at all uncertainties.
So, markets will react soon or later. And this event have much more impact on markets than other event from economic calendar even than FED rate decisions.
If candidate Trump gains strength in his probability of election than USD will go massively down surging Gold as heaven asset.
Good luck to everyone.
