‘I didn’t hear anything reassuring’: Market observers react to fiery U.S. presidential debate between Trump and Harris

U.S. stock futures slipped and the dollar edged lower in early Asian trading on Wednesday as Republican Donald Trump and Democratic Vice President Kamala Harris faced each other for the first time, with some analysts saying Harris put in a slightly stronger performance.

The dollar index, which measures the U.S. currency’s strength against six major peers, slipped 0.23%.ERIC BEYRICH, PORTFOLIO MANAGER, SOUND INCOME STRATEGIES, WESTCHESTER, NYC “That said, the debate could still prove to be a significant catalyst for shifting election probabilities. Betting markets currently give Trump a slight edge in the overall election, with platforms like Polymarket showing Trump with a 52% chance compared to 45% for Harris. However, the race appears tight, with some variation across prediction markets.”

“There wasn’t much substantive discussion of policy. Neither candidate advocated for vastly different economic policies than currently in place. Ultimately, a lot of economic policies that we see implemented next year will depend on the makeup of the Senate and the House, and negotiations related to the extension of the Tax Cut and Jobs Act .”“Harris started off quite nervously, but then she gained confidence and set out her economic policies very clearly.

“Harris comes through with better policies for the middle class while Trump has positioned himself as the strong leader American needs to stand up to countries that have taken it for granted. The question is will Americans vote based on policies or rhetoric. The jury is still out and investors will be left guessing and that only means more market volatility in the run up to U.S. elections in November.”“I don’t think there’s a lot for markets here...

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