• Trump and Biden clash in a mostly civil debate.
  • Trump stays on message and remains composed throughout.
  • Biden's several errors will appear in campaign ads.

The final debate of the 2020 election was a huge change from the raucous and barely controlled initial confrontation.

Donald Trump and Joe Biden learned the public disapproval lesson of their first meeting. Interruptions were minimal, response times were short and the directions of the moderator Kristen Welker were generally followed.

The six topics, COVID-19, American families, race in America, climate change, national security, leadership were covered in 15 minute segments with each candidate given an uninterrupted two minutes to speak.

Market response was minimal with currencies, US equity futures and bonds unmoved.

As he said he would, Mr. Trump brought up the recent charges that Biden's son Hunter traded on his father's office to enrich himself and the Biden family.

Mr. Biden challenged the president to release his tax returns and said the president was responsible for the 200,000 COVID deaths in the US.

The quality of the exchanges and the informative value was high. Each candidate performed well, though in comparison to the first debate Trump showed much greater range.

Most of the back and forth challenges moved to Trump's initiative. His persona was considerably different, restrained, focused and in command of facts and recall.

In that difference Mr. Trump probably helped himself more with his modulated performance than Mr. Biden who was unchanged from his earlier appearances.

Mr. Biden also committed a number of errors that will certainly appear in Trump campaign ads in the next twelve days.

Primary was his statement that “I would transition from the oil industry.” When combined with his previous promises to end fracking, which in the debate he denied ever saying, but exist in several videos, the impact could be costly in close states like Pennsylvania where the oil industry has brought prosperity to many communicates.

He also claimed that the laptop subpoenaed by the FBI last year in a money-laundering investigation and now at the center of the corruption accusations swirling around his son Hunter and himself, was a Russian plant. The FBI and the Director of National Intelligence, the head of all 17 US intelligence agencies, John Ratcliffe have said that it is not, clearly implying that the computer and the information on it, belong to Hunter Biden.

Finally in an exchange over Obamacare, Mr. Biden claimed that no one lost their health insurance because of the bill, an assertion debunked many times.

Mr. Trump committed no errors and was forceful in pursuing Biden, at several points asking him direct questions to which the former Vice-President had no response.

But with so few undecided voters and so little time left will President Trump's superior performance matter?

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD clings to gains above 1.0750 after US data

EUR/USD clings to gains above 1.0750 after US data

EUR/USD manages to hold in positive territory above 1.0750 despite retreating from the fresh multi-week high it set above 1.0800 earlier in the day. The US Dollar struggles to find demand following the weaker-than-expected NFP data.

EUR/USD News

GBP/USD declines below 1.2550 following NFP-inspired upsurge

GBP/USD declines below 1.2550 following NFP-inspired upsurge

GBP/USD struggles to preserve its bullish momentum and trades below 1.2550 in the American session. Earlier in the day, the disappointing April jobs report from the US triggered a USD selloff and allowed the pair to reach multi-week highs above 1.2600.

GBP/USD News

Gold struggles to hold above $2,300 despite falling US yields

Gold struggles to hold above $2,300 despite falling US yields

Gold stays on the back foot below $2,300 in the American session on Friday. The benchmark 10-year US Treasury bond yield stays in negative territory below 4.6% after weak US data but the improving risk mood doesn't allow XAU/USD to gain traction.

Gold News

Bitcoin Weekly Forecast: Should you buy BTC here? Premium

Bitcoin Weekly Forecast: Should you buy BTC here?

Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.

Read more

Week ahead – BoE and RBA decisions headline a calm week

Week ahead – BoE and RBA decisions headline a calm week

Bank of England meets on Thursday, unlikely to signal rate cuts. Reserve Bank of Australia could maintain a higher-for-longer stance. Elsewhere, Bank of Japan releases summary of opinions.

Read more

Majors

Cryptocurrencies

Signatures