The US presidential election is close and leaves investors on edge. Donald Trump claimed victory – “we’ll be going to the U.S. Supreme Court. We want all voting to stop.”
Meanwhile in the UK, MPs are voting today on England’s new lockdown measures with Boris Johnson hoping to push the new rules through despite rebels in his own party.
On Tuesday, European stocks closed higher as investors braced for the US presidential election. Growth-sensitive cyclical sectors including energy, miners, and banks were among the best performers. Meanwhile, traders continue to monitor coronavirus developments, with several countries across the region tightening restrictions amid surging infections. US stocks also moved higher on Tuesday adding to the gains posted in the previous session.
Disclaimer: ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’
