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What did we learn from the presidential debate? ...Middle East
Well done we made it through the presidential debate.There were plenty of takeaways you can derive on the political side, but this didn't mean much for markets.We saw some initial upside in the USD (downside in Antipodean currencies) but the moves pulled back the deeper we went into the debate.The most noticeable comments for markets (but arguably not really impactful or meaningful) were:Trump says planned tariffs will decrease deficits and won't increase problematic inflationTrump says China has been robbing us for years, and imposing tariffs on them is fairTrump says he would have the Russia/Ukraine war settled before he takes officeSo, all in all, it was 90 minutes (which we'll never get
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