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    USDMYR Technical Analysis

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    Asian equities observe positive start as optimism on Wall Street echoes

    Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

    Asian equities could take a boost after strong gains seen on US equities

    Asian equities likely to trade within narrow range following volatile session on Wall Street

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

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USA ELECTIONS & MARKET

Carlo Alberto De Casa by Carlo Alberto De Casa
November 6, 2020
in Markets, Opinion, Politics
Reading Time: 1 min read
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USA ELECTIONS & MARKET

Photo by Markus Spiske.

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Pending the last ballots, the situation according to the bookmakers sees BIDEN at 1.20 for the final victory, while TRUMP is quoted at 4.75.

The Democratic candidate would be very short of it, which would be enough for Arizona and Nevada (without having to win Georgia or Pennsylvania in this case).

STATES IN BALANCE (quotas)

Arizona Dem 1.36, Rep 3.00

Georgia Dem 1.61, Rep 2.20

Nevada Dem 1.22, Rep 4.00

North Carolina Rep 1.14, Dem 5.00

Pennsylvania Dem 1.28, Rep 5.00

Georgia , which will be decided by a few thousand votes, is on the line. As announced last night, even Pennsylvania could turn blue or at least the outcome is uncertain. Trump has a 165,000 vote lead. There are 700,000 cards missing that could overturn everything.

Trump’s attempt to comeback in Arizona should be followed, in the afternoon other numbers will arrive from Phoenix and Tucson.

The SENATE did not reach the shoulder, the Democrats did not win here. This if Biden ascended to the White House would place significant limits on the implementation of his agenda. The bags remain well set up. The markets see a winner and after the uncertainty of the last few weeks they are back on the upside. The bullish path of gold also continues, reaching the $1,920 area.

Tags: 2020 US electionGoldJoe BidenPresident TrumpStock market
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Carlo Alberto De Casa

Carlo Alberto De Casa

Chief analyst at ActivTrades and technical analyst for Italian newspaper 'La Stampa'. Carlo Alberto provides regular commentary for UK outlets including the BBC, Telegraph, the Independent Bloomberg & Reuters. He is also a weekly commentator for CNBC Italy and a columnist for La Stampa. He worked for Bloomberg as their Equity Research Fundamental Analyst before joining brokerage ActivTrades in 2011 to specialize in currency markets and commodities. In 2014 he published a 250-pages book on gold and the gold market, followed in 2018 by a new updated edition.

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