2024 US Presidential Election

CNN has reported that Xi and Trump held a phone call on Wednesday in which the Chinese leader also congratulated the president-elect.

Trump’s second term is poised to either bring substantial shifts in US policy or reinforce continuity — both alternatives carrying far-reaching implications for global oil markets in 2025.

Trump’s economic policy is seen as more expansionary and inflationary than that of Harris, making it less likely for the US Federal Reserve to aggressively cut interest rates.

Treasury yields and the US dollar have surged, reflecting mounting expectations that Trump’s inflationary policies may materialise.

Among the scenarios, analyst Edith Qian expects to see a "more benign" impact on China stocks should Harris win the election.

Morningstar’s top stock picks include Tencent, Kweichow Moutai and Yum China.

A Harris victory, along with a clean sweep of Congress by the Democrats, should be “neutral to positive” for both equities and bonds, says Vasu Menon, managing director of investment strategy at OCBC.

In modern US elections, the losing candidate generally concedes within a day or two, but the 2020 outcome wasn’t called until four days later.

They are laying the groundwork to bring back coal-fired power plants, gut science at the Environmental Protection Agency and neuter the modelling used by the federal government.

We spiral towards the final week of the US presidential election as communities in rural Pennsylvania, Michigan, Wisconsin, Georgia, Arizona, Nevada and North Carolina decide the fate of the world.