Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Economic Indicator

US Elections: Trump victory with split Congressional control may boost equities – TDS

Source Fxstreet

The US election season is once again upon us. What will markets focus on? Strategists at TD Securities analyze how markets could be impacted by elections.

Trump remains heavily favored for the 2024 presidential run

While other candidates remain in the race, we expect the election to be a rematch between President Joe Biden and former President Donald Trump.

Our current baseline scenario is that Donald Trump wins the presidency in 2024 and that Republicans recapture the Senate, though control of the House may go to the Democrats by a tight margin.

Markets are likely to focus on tax/growth, deficit, regulation, geopolitical, and tariff implications in their reaction to the election. Our base case view of a Trump victory with split Congressional control should push term premium higher and may boost equities amid expectations that corporate taxes remain low.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Goldman Sachs: Structurally Bullish on Gold to $5,400, But Warns of Short-Term Pullback Goldman Sachs ( GS) 's latest precious metals research report on gold ( XAUUSD) price trends presents a "structurally bullish, tactically cautious" dual outlook, maintaining its year-end

Author TradingKey

7 hours ago

Goldman Sachs ( GS) 's latest precious metals research report on gold ( XAUUSD) price trends presents a "structurally bullish, tactically cautious" dual outlook, maintaining its year-end

UAE Announces Exit From OPEC. Wall Street Warns: Medium-Term Oil Prices Face Downside Risks The United Arab Emirates (UAE) has officially announced that it will formally withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance on May 1.Bl

Author TradingKey

11 hours ago

The United Arab Emirates (UAE) has officially announced that it will formally withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance on May 1.Bl

Gold holds steady near $4,600 as Fed rate decision looms Gold price (XAU/USD) holds steady near $4,600 during the early Asian session on Wednesday. The precious metal steadies as traders await a key Federal Reserve (Fed) interest rate decision later on Wednesday.

Author FXStreet

16 hours ago

Gold price (XAU/USD) holds steady near $4,600 during the early Asian session on Wednesday. The precious metal steadies as traders await a key Federal Reserve (Fed) interest rate decision later on Wednesday.

Fed FOMC Meeting Is Approaching: Where Is the Focus? Will There Be More Rate Cuts This Year?Global financial markets are set for a "Super Central Bank Week" this week, as five major central banks, including the Federal Reserve, the European Central Bank, and the Bank of Japan, a

Author TradingKey

Yesterday 06: 22

Global financial markets are set for a "Super Central Bank Week" this week, as five major central banks, including the Federal Reserve, the European Central Bank, and the Bank of Japan, a

Japanese Yen extends the range play against USD; looks to BoJ for fresh impetus The USD/JPY pair is seen consolidating in a narrow band around mid-159.00s during the Asian session on Tuesday as traders opt to wait for the crucial Bank of Japan (BoJ) before placing fresh directional bets.

Author FXStreet

Yesterday 01: 17

The USD/JPY pair is seen consolidating in a narrow band around mid-159.00s during the Asian session on Tuesday as traders opt to wait for the crucial Bank of Japan (BoJ) before placing fresh directional bets.

Popular Symbols