GLOBAL MARKETS-Stocks Steady, Currencies Jittery as US Votes

November 05, 2024, 07.46 PM | Source: Reuters
GLOBAL MARKETS-Stocks Steady, Currencies Jittery as US Votes

ILUSTRASI. Screens show the presidential debate between Republican presidential nominee and former U.S. President Donald Trump and Democratic presidential nominee and U.S. Vice President Kamala Harris outside the Nasdaq MarketSite in New York City, U.S., September 10, 2024. REUTERS/Adam Gray

GLOBAL MARKET - LONDON. Stocks and bond markets were calm on Tuesday and an index of market volatility was subdued as markets awaited early indications of the outcome of a knife-edge U.S. election, with only currency markets showing some jitters.

Overnight implied volatility options for euro/dollar spiked to the highest since November 2016, as did those for the dollar-Mexican peso pair, in recognition that the latter could be hard hit by protectionist policies if Republican Donald Trump defeats Democrat candidate Kamala Harris.

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