Find all Forex news > Weekly Market Outlook >

US Elections: Still time for a black swan event...

Peter Rosenstreich

US Elections: Still time for a black swan event?    Once again financial markets were unable to find a directional bias as participants struggled with locating meaningful drivers. In Russia, the economic data continued to disappoint suggesting the path to recovery is still far away. The Bank of Canada held rates unchanged, with consensus, but against our expectations. Yet BoC’s dovish language and weak economic projections suggests more easing is coming. The ECB held policy mix unchanged and Draghi provided negligible indication on monetary policy strategy moving forward. With Eurozone inflation underperforming, the lack of an announcement increases expectations for the December policy meeting. The final US Presidential debate provided plenty of highlights but little substance. Despite having no more scheduled election events for financial markets, especially FX EM, the path to Nov 8th is unlikely to be smooth. 

Download report
Simplified Chinese
Traditional Chinese

Our systems have detected that you are using a computer with an IP address located in the USA.
If you are currently not located in the USA, please click “Continue” in order to access our Website.

Local restrictions - provision of cross-border services

Swissquote Bank Ltd (“Swissquote”) is a bank licensed in Switzerland under the supervision of the Swiss Financial Market Supervisory Authority (FINMA). Swissquote is not authorized as a bank or broker by any US authority (such as the CFTC or SEC) neither is it authorized to disseminate offering and solicitation materials for offshore sales of securities and investment services, to make financial promotion or conduct investment or banking activity in the USA whatsoever.

This website may however contain information about services and products that may be considered by US authorities as an invitation or inducement to engage in investment activity having an effect in the USA.

By clicking “Continue”, you confirm that you have read and understood this legal information and that you access the website on your own initiative and without any solicitation from Swissquote.

If cookies are currently disabled on your computer, you will be required to continue accepting this legal information for every new page visited on this website. In order to avoid this, please enable cookies on your computer.