| Financial Assets You Should Watch Before the US Elections .. ๐บ๐ธ
1. US Dollar (USD) .. ๐ต
- During the election season, the US dollar takes center stage. It acts as an indicator of risk appetite, and can signal trends in global commodities and other safe-haven assets.
2. Gold (XAUUSD) .. ๐
- Gold attracts capital during times of uncertainty, and its inverse relationship with the US dollar makes it a strategic hedge during periods of market volatility.
3. US Indices (US500, USTEC) .. ๐บ๐ธ
- Indices such as the S&P 500 can fluctuate significantly during elections. Political changes affect market sentiment, creating trading opportunities and a level of risk as the results unfold.
4. Oil (USOIL) .. ๐ข
- Elections can affect demand expectations in energy markets, causing sharp price movements. Traders focus on oil during these periods for risk and opportunity.