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 Forex Version 19, Foreign Exchange Market Discussion

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brotan
post Nov 8 2016, 04:12 PM

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QUOTE(hujimy @ Nov 8 2016, 03:45 PM)
The US election is set to begin, Tuesday the 8th November. This is the most important market event since Brexit and the potential impact on markets is significant.

The consensus

A Clinton win means certainty and generally a risk on attitude in markets, equities higher, USD stronger and a rate rise in December, i.e. the status quo continues..

A Trump win will mean uncertainty and a risk off attitude in markets, higher volatility, equities lower, USD weaker and a temporary hold on future rate rises in the US.

Voting and results schedule (platform time GMT +2)

Tuesday 8th November
07:00 – Voting begins
13:00 – The majority of polls are open across the US
23:00 – Results from exit polls are released and early predictions made
Wednesday 9th November
00:00 – Results coming in state by state
03:00 – Suspense building..!
06:00 – This is the likely earliest time for a winner to be announced
*
US or Malaysia time?

if US time, people goes to vote at 7am?

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