US midterm elections unlikely to lead to any notable market swing – Nordea

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US midterm elections unlikely to lead to any notable market swing – Nordea UnitedStates Fed US Elections Banks

“While the results of the midterms will be watched closely next week, the Fed outlook remains a much bigger and more permanent driver for financial markets compared to US politics.”

“We see more upside potential for US yields, but the risk picture is not tilted towards higher yields any more in the same way as it was some time ago. In a state of high data dependency on the part of central banks, an environment of elevated volatility is set to continue.”Information on these pages contains forward-looking statements that involve risks and uncertainties.

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