For those of you who caught the first US presidential debate yesterday, it was certainly very interesting!
How did the markets respond?
- It was in ‘risk off’ sentiment after the debate (understandably!)
- Things turned around after on the back of positive US data.
What were the impact to the currencies and commodities?
- EUR/USD was seen to trade between 1.1687 and 1.1751
- Risky currencies such as AUD and NZD were core beneficiaries after the turn around caused a shift in sentiment.
- USD/JPY was seen to be trading in a tight band of 105.40 and 105.75
- Gold and oil futures fell 0.4% and 0.5%, respectively.
So, who’s looking forward to round 2 US presidential debate on Oct 15th?
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