Online trading company OANDA is offering traders to explore the intricate relationship between US Presidential elections and the global financial markets.
With President Joe Biden withdrawing from the presidential race, the US are set for an election without the incumbent president on the ballot card for the first time since 1968. Current Vice-President Kamala Harris will be the Democrat nominee to take on Donald Trump in November, and OANDA explores what this could mean for both traders and the financial markets.
Kamala Harris and Donald Trump offer significantly different visions for USA’s future, and the outcome will have profound implications for both domestic and global policies.
OANDA compares Biden and Trump in terms of economic metrics: how can their previous performance be judged?
The dedicated webpage on OANDA’s website explores how previous presidencies compare. Covering the last six administrations, the brokerage collected 976 data points to find out.
For instance, while in office, President Trump kept inflation closest to the US target of 2%.
The broker also offers insights on how major currencies performed in the last presidential election.
