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Express News | India's stock market saw a record outflow of foreign funds, as weakened economic momentum prompted foreign investors to adopt a cautious stance.
Express News | Citi Banks updated the aluminum consumption data in the photovoltaic industry and estimated that the aluminum consumption in 2024 will achieve a year-on-year growth of 5%, reaching 5.8 million tons.
Express News | Citigroup expects that, driven by the loose policy of the Federal Reserve and the results of the US election, copper prices will temporarily rise to $0.01 million per ton in the coming week.
Trump or Harris? What the Bank Stock Rally Says About Who Will Win the Election. -- Barrons.com
New York Forex Market: The US dollar fell as investors cut back on Trump trades ahead of election day.
As traders reduce their bets on Trump trades, the US dollar has fallen against all major currencies. The dollar continues to fluctuate. The yen and the franc are performing well among G-10 currencies. The Bloomberg Dollar Spot Index once fell by 0.7%, marking the largest decline since August, before narrowing. A poll by the Des Moines Register shows Kamala Harris leading in Iowa, where former President Trump won in the previous two elections. This survey may be an outlier, but it indicates a constantly changing dynamic. "Polls in Iowa are driving people to cut back on the so-called Trump trades."
Express News | Citigroup raises the target price of Mastercard from $566.00 to $572.00.