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.
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Bitcoin lost its 200-day average — but the exit started three sessions before the CPIBitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.
Author  Suzie
16 hours ago
Bitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.
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Author  Irene Q.
16 hours ago
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Author  TradingKey
17 hours ago
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Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 11, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.
Author  Mitrade
17 hours ago
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.
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TradingKey Daily Market Briefing: US Stocks Retreat as CPI Tops Estimates; Nvidia Falls Over 5%, AMD and Broadcom Buck the Trend On November 10, the three major U.S. stock indices edged lower. U.S. October inflation data exceeded market expectations, driving Treasury yields rapidly higher and
Author  TradingKey
17 hours ago
On November 10, the three major U.S. stock indices edged lower. U.S. October inflation data exceeded market expectations, driving Treasury yields rapidly higher and
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