Will the Walz vs. Vance debate has financial market impact?

October 02, 2024 at 02:10AM
A BMO note previews the debate coming up between Vance and Walz.

I popped this up earlier:

Tune in for the Vance vs. Walz debate at 2100 US Eastern time (0100 GMT)

In the note BMO say that given the unpredictability of this election cycle, the debate is expected to draw significant attention, and that it may influence financial markets, especially following the Harris-Trump debate, which led to notable price movements.

However, analysts are skeptical that this event will result in a sustained impact on Treasury yields. Instead, the market appears more focused on the immediate implications of the Middle Eastern conflict and the upcoming employment data.

While the debate might shift the odds in favor of one ticket, broader macroeconomic events are likely to overshadow any potential trading opportunities arising from its outcome.

***

the debate is underway

This article was written by Eamonn Sheridan at www.forexlive.com.

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Payment services for HUBFX are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) and The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000160311064). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011 and CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of a electronic-money institution (Relation Number: R142701)

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