Investing.com - European stock markets traded in a listless manner Tuesday as investors focused on the US presidential election, with the outcome seen as extremely uncertain.European equities traded in tight ranges Tuesday as investors reined in risk taking and settled in to wait and see the outcome of a US presidential election which has seen assassination attempts on Donald Trump and the swap of Kamala Harris for Joe Biden as the Democratic candidate.
Polling has tended to point to an extremely close contest in an election which could have far-reaching consequences for European companies given Trump’s proposed policies of protectionist tariffs., which concludes on Thursday. The market widely expects the policymakers to agree to a rate cut of 25 basis points, following the half-point reduction in September.
This was the second time OPEC+ has extended its 2.2 million bpd cut, illustrating how concerned the producing countries are about global demand.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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