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One word to sum the 1st US Presidential Debate: HOT!!!

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For those of you who caught the first US presidential debate yesterday, it was certainly very interesting!


How did the markets respond?

-       It was in ‘risk off’ sentiment after the debate (understandably!)

-       Things turned around after on the back of positive US data.


What were the impact to the currencies and commodities?

-       EUR/USD was seen to trade between 1.1687 and 1.1751

-       Risky currencies such as AUD and NZD were core beneficiaries after the turn around caused a shift in sentiment.

-       USD/JPY was seen to be trading in a tight band of 105.40 and 105.75

-       Gold and oil futures fell 0.4% and 0.5%, respectively.


So, who’s looking forward to round 2 US presidential debate on Oct 15th?

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this will impact us equity and us fx market as well
Sarah Lee
Author
Oh yes. And can you imagine - there are 2 more debates to go before the election!😱😱😱

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