How social media are influencing voters and skewing public opinion in the 2020 US presidential campaign
Social media will play a central role in the next US elections as people are spending more time online than ever before in human history. The information that voters get through these platforms is often biased, making it a powerful tool for campaigners to skew public opinion. Within this context, the Trump campaign seems to be better equipped to run a digital campaign over Biden's.
Podcast: Unity IPO on tap. Crossfire for GBP traders.
Today we look at yesterday's nervy session in the US equtiy market, where the post-FOMC sell-off found support after testing the key range lows in the Nasdaq 100. Elsewhere, the US dollar rally has faded very quickly and sterling is caught in the crossfire of positive and negative developments as key pivot levels come into view. We also talk the Unity IPO and oil and natural gas heading in opposite directions. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
Market Quick Take - September 18, 2020
The US equity market closed lower yesterday, but well off the lows of the day, which was important to prevent a further post-FOMC cratering of risk sentiment as the Nasdaq 100 Index avoided closing at new lows. Elsewhere, the USD rally proved a brief affair and turned tail, the oil rally extended, and sterling is in crosswinds on a dovish BoE but positive noises from latest Brexit talks.
US Election Cheat Sheet
At Saxo Bank, we see three distinct possibilities between now and inauguration day on 20 January 2021: a Trump or Biden victory, or a contested election. In this cheat sheet, our strategists summarize their views on how different asset classes could react to each of these outcomes.