Daily

a favourable turn

2020-10-20

The second debate of the US presidential election, which was scheduled to be held yesterday, was postponed for one week because the General Assembly was concerned that Trump had suffered from COVID-19 pneumonia, and the host media changed the time slot to an interview program with two presidential candidates.

On the program, both parties interviewed were more restrained in speech than in the previous debate, and the targeted speech was also a new bottle of old wine. Biden criticized Trump for concealing the seriousness of the COVID-19 epidemic and controlling the epidemic;

Trump accused Biden of having good relations with China, saying that if Biden wins, China wins. According to the recent public opinion survey, the final result is still 51/49, and Biden is only slightly ahead, which is a big gap from the previous survey that Biden won by 10%.

After careful study of the opinion poll, we find that the poll data of several swing states are not obvious, and they have a decisive influence on the election results, which increases the uncertainty of this election.

What has brought the polls closer in less than a month? For the time being, let's pay attention to the political and economic impact after the election of the two men. Trump was the last president. Although his ideas were erratic, he should continue the previous policies.

The Republican Party's line of putting business interests first remains unchanged. Biden was born in the Democratic Party. Before his party friend was elected president, he took people's welfare as the premise to consolidate his political foundation. For example, Clinton's "Read my lips-tax exemption" or Obama's "Obama cares",

Almost as much as the amount of a new epidemic mitigation plan, etc ... Once Biden is elected, experts estimate that he will tend to open a large warehouse to send money to the public, and increase the profit tax to ask businessmen to find the numbers on his behalf, and the China policy may be hard first and soft later. Yesterday, the issue of Brexit remained unresolved.

However, there seems to be a turning point. British business organizations have demanded that Britain should reach an agreement with the EU and not leave the EU illegally, so as not to increase the risk of British businessmen doing business in Europe. British negotiators have also suggested that Johnson, a hot figure, should not be allowed to negotiate with EU members.

Negotiations will continue. Affected, the pound rose, but the major European stock markets fell by 0.1% to 0.6% across the board.


The market is still concerned about the progress of the new round of fiscal stimulus plan in the United States. Investors tend to be conservative. US stocks continued to fall yesterday. The Dow Jones index closed at 28,195 points, down 411 points or 1.44%; The Standard & Poor's 500 Index reported 3427 points, down 57 points or 1.63%;

Nasdaq index closed at 11479 points, down 193 points or 1.65%. The rise of the pound once put pressure on the US dollar, and the US dollar index was as low as 93.2 points. However, the new york stock market fell, and investors took refuge in the US dollar, which caused the US dollar to rebound and the US dollar index closed at 93.43 points.

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