Democratic presidential candidate Joe Biden has gained ground in betting markets over President Donald Trump following their first debate of the 2020 U.S. election campaign, two betting market aggregators said.
Democratic presidential candidate Joe Biden has gained ground in betting markets over President Donald Trump following their first debate of the 2020 U.S. election campaign, two betting market aggregators said.
Oct 1 Democratic presidential candidate Joe Biden has gained ground in betting markets over President Donald Trump following their first debate of the 2020 U.S. election campaign, two betting market aggregators said.
Broad weakness in emerging stocks and volatility stemming from U.S. election uncertainty have created value opportunities in developing markets, a client portfolio manager at fund house Eastspring Investments said.
The U.S. dollar is likely to continue weakening against developed market currencies after the U.S. Federal Reserve's shift to a new monetary policy strategy, a portfolio manager at bond giant PIMCO said on Tuesday. Erin Browne, managing director and portfolio manager at PIMCO, told the Reuters Global Markets Forum she had become more bearish on the U.S. dollar over the last three months.
Republican U.S. President Donald Trump is gaining momentum in betting markets and has narrowed Democratic presidential candidate Joe Biden's lead over himself, according to Betfair Exchange, operator of the world's largest online betting bourse. Betfair Exchange's prices on Wednesday implied Biden has a 54% probability of winning, compared with 45% for Trump.
Betting markets favor Democratic presidential candidate Joe Biden over Republican President Donald Trump in November's U.S. election, though the odds between them have narrowed during the last week, two betting market aggregators said.
Aug 5 The U.S. coronavirus relief bill currently under debate is likely to come in at about $1.5 trillion and will be aimed at sustaining current levels of economic activity rather than boosting them, TS Lombard Chief U.S. Economist Steven Blitz said.
U.S. equities will not revisit the lows hit in March 2020, but the next big correction in stock markets could be triggered by corporate defaults, Mohamed El-Erian, chief economic adviser at Allianz SE , said on Tuesday.
Risks from skyrocketing valuations of U.S. technology stocks are "extremely" high, and investors should look for value in U.S. small caps and international equities, Leo Kelly, founder and president of Verdence Capital Advisors, said on Wednesday.
The presidents of France, Russia and the United States called on Thursday for an immediate ceasefire between Azerbaijan and ethnic Armenian forces around Nagorno-Karabakh, but Turkey said the three big powers should have no role in peace moves.