Take the edge off the US election with a bourbon cocktail November 5, 2020 With the Presidential election still dragging on, you could be forgiven for having somewhat frayed nerves right now. Will it be resolved with decisive-enough wins in the outstanding states? Will it end up in the courts? Will it lead to the death of democracy and civil conflict? As if 2020 was already stressful enough, without [...]
Evening update: What we know about the US election race November 4, 2020 After an action packed day of ballot counting in the Midwest, we now have a much clearer picture of the final results of the 2020 US presidential election. As this reporter went to bed early this morning in D.C., Trump held solid leads in the three election-deciding states of Pennsylvania, Wisconsin and Michigan. However, things [...]
FTSE 100 closes higher and US stocks jump amid election uncertainty November 4, 2020 The FTSE 100 closed on a high and US stocks shot up as traders sought out the safety of recent corporate success stories in the face of a knife-edge presidential election. Wall Street’s major indices all opened higher as the race for the White House went down to the wire, despite investors remaining worried about [...]
Eyes turn to the Federal Reserve as markets await US election result November 4, 2020 As markets nervously awaited the results of today’s chaotic presidential election, investors’ eyes turned to the US Federal Reserve’s meeting tomorrow. Traders were digesting the state of play so far, and seemed to think that the most likely outcome is a president who doesn’t have control of congress. It comes after President Donald Trump fared [...]
‘Markets got what they really did not want’: The City reacts to knife-edge US election November 4, 2020 Investors didn’t want this to happen. They had bet on a Joe Biden win in the US presidential election that they hoped would unleash a big stimulus, but found themselves rapidly adjusting their positions as the race became too close to call. Bonds and the dollar rose as investors sought safety. US stocks were volatile, [...]
US election day as it happened: In Pictures November 4, 2020 Pictures captured of people across the US at polling stations at the end of a bitter and unusual campaign. Almost 100m people already voted by mail-in and absentee ballot, which is 70 per cent of the total vote in 2016. Below we bring to you the best pictures on US election day from across the [...]
US election: America heads to the polls with 100m votes already cast November 3, 2020 WASHINGTON, D.C. – Polls have now opened across the US on election day, with almost 100m votes already cast through mail-in and absentee ballots. The first polls will close at 11pm London time in parts of Indiana and Kentucky, with a stream of states closing their polls every hour from this point onward. Crucially, not [...]
Betfair: Get set for trading as the US election finally arrives November 3, 2020 Get set for the biggest night in political betting history. £300million has now been traded on Betfair’s Next President market, beating the all-time record, including sports, by more than 50%. That includes the largest ever single stake – £1m on Biden at 8/15. Even bigger action is yet to come. In 2016, £75m out of [...]
‘Trumpism is here to stay’: The future of the Republican Party November 3, 2020 WASHINGTON, D.C. – Factional infighting is the political battleground that is most commonly associated with parties of the left. Labour’s intermittent factional psychodramas are a constant fixture of the UK’s political landscape, often to the detriment of its electoral success. America’s Democrats are also well versed in intra-party warfare, with the last four years providing [...]
US election: Almost 100m early votes cast as record turnout looms November 2, 2020 WASHINGTON, D.C. – Nearly 100m Americans have cast votes for tomorrow’s election already, with turnout expected to be at its highest in decades. The total amount of ballots cast now sits at 97m, which is around 70 per cent of the 139m people who voted in the 2016 election – a record for total number [...]