Global Markets Steady as Investors Eye US Election and Fed Decision
TL;DR Summary
US stock futures rose slightly as traders prepared for the presidential election between Donald Trump and Kamala Harris, with the potential for a disputed result increasing market volatility. Chinese stocks led gains in Asia, buoyed by strong service activity data and policy comments. The US dollar remained steady, with market focus also on the Federal Reserve's upcoming decision and corporate earnings reports. Analysts suggest a Trump victory might boost the dollar, while a Harris win with a split Congress could weaken it.
- US Stock Futures Rise Before Presidential Election: Markets Wrap Yahoo Finance
- Asian Stocks Climb on China Boost, Dollar Steady: Markets Wrap Bloomberg
- Asia-Pacific markets trade mixed as investors await U.S. election outcome, Fed rate verdict CNBC
- Live news: China regulators approve Morgan Stanley’s futures business Financial Times
- Morning Bid: Eerie pre-US election calm, RBA sets rates Reuters
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