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

Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike bets Gold (XAU/USD) attracts buyers for the second consecutive day and surges past the $4,100 mark to hit a nearly two-week high during the Asian session on Wednesday.

Author FXStreet

9 hours ago

Gold (XAU/USD) attracts buyers for the second consecutive day and surges past the $4,100 mark to hit a nearly two-week high during the Asian session on Wednesday.

Today’s Market Recap: Dow and S&P 500 Hit Fresh Record Highs, Tech Stocks Lead Gains, Palantir Surges 29%, ARM Rises Over 17%Tracking the Market TrendTradingKey - Global risk appetite rebounded significantly, with major asset classes strengthening in tandem. Driving factors included the decline in risk premiums following th

Author TradingKey

18 hours ago

Tracking the Market TrendTradingKey - Global risk appetite rebounded significantly, with major asset classes strengthening in tandem. Driving factors included the decline in risk premiums following th

Forex Today: Mideast uncertainty keeps USD supported ahead of next batch of US data Here is what you need to know on Tuesday, August 4:

Author FXStreet

Yesterday 10: 07

Here is what you need to know on Tuesday, August 4:

WTI trades with positive bias below mid-$79.00s on Iran uncertainty, supply concerns West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher during the Asian session on Tuesday and looks to build on the overnight bounce following an intraday slump to levels below mid-$77.00s.

Author FXStreet

Yesterday 01: 24

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher during the Asian session on Tuesday and looks to build on the overnight bounce following an intraday slump to levels below mid-$77.00s.

Bitcoin Falls Below $63,000; Can US-Iran Negotiations Reverse the Downtrend?Bitcoin fell sharply last week, testing the short-term defense line at $62,000, with the outcome of US-Iran negotiations becoming a key factor.On August 3, Bitcoin ( BTC) extended its rec

Author TradingKey

Aug 03, Mon

Bitcoin fell sharply last week, testing the short-term defense line at $62,000, with the outcome of US-Iran negotiations becoming a key factor.On August 3, Bitcoin ( BTC) extended its rec

Popular Symbols