Factory Orders (Sep) -0.5% vs -0.5% Expected

Erste Sees Moderate Reaction in Credit Markets to US Election

Erste Sees Moderate Reaction in Credit Markets to US Election

The analyst comments "The first indications on the European corporate bond markets point to a moderate reaction to the outcome of the US election. Equity market volatility, as measured by the Deutsche Börse Volatility Index, and the synthetic 5Y High Yield CDS Index have remained in a downward trend since the beginning of this week. Monetary policy and fundamentals remain spread drivers Although the most immediate... More

BofA on US Election and Emerging Market Impact: 'We don’t think markets had clearly positioned for one outcome'

BofA on US Election and Emerging Market Impact: 'We dont think markets had clearly positioned for one outcome'

The analyst comments "Weve had more than 100 client meetings on the EM implications of the elections during the past month. Based on these we have some confidence in stating our views on the initial market reaction to the elections - if it will turn out to be validated by the final results - has still a lot of room to run. EM fund outflows are likely to materialise if trade war concerns become... More

Citi on Trump Win: 'We expect...lower inflation and policy rates in Europe'

Citi on Trump Win: 'We expect...lower inflation and policy rates in Europe'

The analyst comments "Already, the first Trump presidency had profound consequences for the EU, and the policy proposals presented and discussed during the campaign (see table at the end of this note) suggest a second... More

How different election outcome scenarios could impact software stocks

As the U.S. election approaches, Bank of America analysts evaluated how various political outcomes might affect software stocks, finding potential but limited impacts.

According to BofA, the best scenario for software stocks would likely be a mixed Congress / White House scenario, providing a backdrop of higher growth, stable tax rates, and reduced regulatory pressures.

In the case of a Democratic sweep, BofA sees some potential challenges for large-cap software firms.

We would... More