Traders are positioned for a clear US election outcome ...Middle East

Quartz - Economy
Traders are positioned for a clear US election outcome
As Americans vote in record numbers to choose the next US president, they might be braced for a contested election that drags on for weeks. But professional traders, for the most part, are positioned for a clear outcome.The VIX volatility index, also called the “fear gauge,” has declined for the past two days as a wide range of polls signal Democratic candidate Joe Biden leads the race. The Cboe benchmark measures expectations for price swings in the S&P 500 index during the next 30 days and is seen as proxy of anxiety among investors. Stock markets from Paris to Frankfurt have also rallied for a second day, and futures linked to the S&P 500 index of large US companies climbed about 1.2% tod

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