Reported 22 days ago
The dollar declined and stock markets saw minor drops on the eve of a closely contested U.S. presidential election between Kamala Harris and Donald Trump. Investors are cautious, anticipating potential Federal Reserve interest rate cuts amid conflicting polling data. While Trump may drive inflation higher, Harris is viewed as a continuity candidate. The outcome is uncertain, with concerns lingering about the tight Senate and House races, leading to fluctuations in Treasury yields and global markets.
Source: YAHOO