“A win for Harris could lead to a short term sell-off in the dollar, gold and potentially in US stocks,” she said in a note to clients. People sign up to vote at a polling place in Riverside University High School in Milwaukee, Wisconsin, on Tuesday. Photo / Alex Wroblewski, AFP“This could also boost global equities, as Harris is seen to be less tempted to slap tariffs on imports. “A pro-tariff Trump presidency could see the dollar strengthen amid concerns higher inflation will prompt the Fed to keep interest rates higher,” predicted Matt Britzman, senior equity analyst at Hargreaves Lansdown. The news came as traders await the end of a Chinese government meeting this week to hammer out an economic stimulus.

Source: New Zealand Herald November 05, 2024 20:07 UTC