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As one of the world’s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National’s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
Episodes
Monday Nov 02, 2020
The US election and the markets
Monday Nov 02, 2020
Monday Nov 02, 2020
Uncertainty in Pennsylvania is a potential “perfect storm” for a contested election that would send shockwaves through the markets, but investors are otherwise betting on a Joe Biden win.
“The market is a bit pre-positioned for the Democratic wave, unlike last time,” John Hardy, head of FX strategy at Saxo Bank, said, while adding that markets were in no way prepared for President Trump's victory in 2016. He joins co-hosts Mustafa Alrawi and Kelsey Warner this week to outline market scenarios depending on the election’s outcome.
In this episode:
How are the markets affected in the run up to the election? (1m 16s)
Biden win and blue wave scenario (4m 39s)
Where does coronavirus fit in? (7m 54s)
The power of Pennsylvania (9m 35s)
The possibility of a contested election (12m 03s)
The three scenarios (14m 06s)
Markets don't like uncertainty (17m 10s)
Headlines (20m 10s)
Read more on our website:
• Russia’s Sberbank seeks more partnerships with Middle Eastern sovereign investors
“The market is a bit pre-positioned for the Democratic wave, unlike last time,” John Hardy, head of FX strategy at Saxo Bank, said, while adding that markets were in no way prepared for President Trump's victory in 2016. He joins co-hosts Mustafa Alrawi and Kelsey Warner this week to outline market scenarios depending on the election’s outcome.
In this episode:
How are the markets affected in the run up to the election? (1m 16s)
Biden win and blue wave scenario (4m 39s)
Where does coronavirus fit in? (7m 54s)
The power of Pennsylvania (9m 35s)
The possibility of a contested election (12m 03s)
The three scenarios (14m 06s)
Markets don't like uncertainty (17m 10s)
Headlines (20m 10s)
Read more on our website:
• Russia’s Sberbank seeks more partnerships with Middle Eastern sovereign investors
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