In a significant shift of power, Republicans have taken control of the US Senate, according to early Wednesday projections from major news outlets. This victory ends four years of Democratic control in the upper chamber and positions the GOP to hold sway over both legislative houses if Donald Trump prevails in the presidential race. With Republicans now holding the …
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US election: Trump ahead of Kamala in polls as he wins North Carolina, a key battleground state
Former US President Donald Trump has won North Carolina, taking the first major major battleground state of the election so far and cementing the Republican party’s hold on the state’s 16 electoral votes. Voters in all 50 states and the District of Columbia did cast ballots in the presidential contest between Democrat Kamala Harris and Republican …
Read More »US election: Donald Trump expected to win North Carolina
The former president appears to have clung onto a hotly contested state that Democrats worked hard to pick up. ADVERTISEMENT Donald Trump is projected to have won the state of North Carolina, netting him 16 Electoral College votes and dealing a blow to Kamala Harris’ hopes of adding a state to the Democrats’ column after Joe Biden’s 2020 victory. While …
Read More »We are fully prepared for Ondo election ? INEC chairman
The Independent National Electoral Commission (INEC), Chairman, Prof. Mahmood Yakubu, has stated that the commission’s readiness to conduct a free and fair governorship election in Ondo State on November 16. Yakubu made this known on Tuesday while visiting INEC Local Government Area (LGA) offices in the state. “In terms of the level of preparation so far, I am …
Read More »Would Harris’ election victory bring stability to US-EU ties?
The EU would prefer Kamala Harris over Donald Trump as next US president due to her stance on issues from trade to support for Ukraine, analysts say. ADVERTISEMENT A victory for Democratic candidate and Vice President Kamala Harris in the US presidential election would be widely welcomed in Europe as it would likely signal transatlantic continuity on issues from support …
Read More »Signs of Trump trade unwinding ahead of the US Election
Signs of Trump’s Trade positions unwinding appeared ahead of the US election. Analysts expect a Harris win could reverse current market trends. ADVERTISEMENT Risk-off sentiment continued to shape market trends, with major indices in both Europe and the US starting the week on a negative note. The pan-European Stoxx 600 dropped by 0.3%, while the S&P 500 declined by 0.28%. Meanwhile, …
Read More »A turbulent week expected as US Election spurs market volatility
Markets are poised for high volatility this week due to the upcoming US election and key central bank decisions. Below is an outline of crucial market events and potential trends for the days ahead. ADVERTISEMENT The US presidential election is set to drive significant market volatility this week, as investors brace for risk hedging and position adjustments depending on the …
Read More »US election: What could a Harris win mean for Europe’s economy?
As the US prepares to elect a new president, many analysts have outlined what a Trump victory could mean for the global economy. What, on the other hand, could Europe expect from Harris? ADVERTISEMENT “My presidency would not be a continuation of Joe Biden’s presidency,” said Democratic candidate Kamala Harris last month, speaking to Fox News. In terms of domestic …
Read More »What effect could the US Election have on stocks and bonds?
The US election will certainly impact stock markets and government bonds. Here’s a detailed look at the potential reactions of these financial instruments under different outcomes. ADVERTISEMENT Markets have been preparing for the US presidential election throughout the month, with mounting uncertainties creating significant volatility. The close race between Trump and Harris has led investors to shift towards safe-haven assets …
Read More »Stocks dip as uncertainty ahead of US Election fuels market volatility
Market sentiment soured amid uncertainties surrounding next week’s US election, exerting pressure on stock markets. The euro strengthened due to rising inflation, while the US dollar weakened ahead of the upcoming non-farm payroll report. ADVERTISEMENT Global markets extended their losses for the week, with uncertainties surrounding the impending US presidential election. Major benchmarks across the US and Europe appear set …
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