What a day. The local market took a dip before bouncing back in the afternoon as Trump's chances improved. Talk about deja vu all over again!

The ASX 200 closed down 0.07% led by tech and industrials. Futures were also up which, depending on whether you think the election result will be contested or not, was due to the tech sector breathing a sigh of relief at the prospect of a Trump win or hedge funds unwinding trades in anticipation of a contested result. The AUD jumped to US72.2cents this morning before dropping more than 1.5% this afternoon to now sit at 71.06 cents. Join us live from 8:30am AEDT for more US election commentary or catch-up with our top interviews from today. Our top three VODs are:As long as it's not contested, markets will be happyThe contested result has arrived and hedge funds are backing outWe need to get back into discussions with Chinese says former ambassadorCatch us live and free at ausbiz.com.au Hosted on Acast. See acast.com/privacy for more information.

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This episode was published on November 4, 2020.

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