|

US Elections: Trump is now ahead of Hillary Clinton by 44% to 39% - Rabobank

Michael Every, Head of Financial Markets Reseach at Rabobank, notes that according to a CNNPolitics poll, Donald Trump is now ahead of Hillary Clinton 44% to 39% in a hypothetical four-way match-up for the US presidency that also includes Libertarian Gary Johnson (9%) and Jill Stein of the Greens (3%); even in a head-to-head with Clinton, Trump is ahead 48% to 45%.

Key Quotes

“The poll notes increased Trump support among independents, seen as key to the presidential election this year: before the Republican National Convention, which commentators noted was far from the usual show of party unity, such independent voters were split 34% - 31% for Clinton, with Johnson on 22%, and Stein on 10%; the CNN poll now shows 46% backing Trump, 28% Clinton, 15% Johnson, and 4% Stein.

Trump also now holds double-digit leads as being more trusted on both the economy and on terrorism. An important point to stress is that CNN shows a sharp divide: among white voters with college degrees, Clinton is ahead 44% to 39%; however, among white voters without a college degree Trump is ahead by 62% to 23%. The Brexit vote has already shown all-too clearly that financial markets would be well placed to consider how broad a range of opinions they are really hearing rather than dismissing the thought of unconventional policies.

Of course, this week sees the rival Democrat National Convention (DNC), where Clinton will be hoping for her own poll bounce, even if so far it appears to have been overshadowed by storms both outside and inside the venue: indeed, it looks to be the second unconventional convention this year (and this morning a flash flood swept away the media tent.)”

Author

Sandeep Kanihama

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

More from Sandeep Kanihama
Share:

Editor's Picks

EUR/USD weakens toward 1.1600 as firm US data revives the US Dollar

The EUR/USD edged lower on Thursday, down some 0.21% as market sentiment remains risk averse due to the ongoing conflict in the Middle East. This and solid US economic data pushed the pair lower towards the 1.1600 figure ahead of Friday’s session.

GBP/USD drifts lower heading into NFP range

GBP/USD edged lower by 0.2% on Thursday, settling close to 1.3350 in a strained trading session that kept the pair pinned near three-month lows. Price briefly recovered earlier in the day on reports that Iran had indirectly signaled openness to talks with the CIA, but the bounce faded as Israeli officials reportedly advised Washington to disregard the overture. 

Gold: further weakness could challenge $5,000

Gold comes under fresh selling pressure on Thursday, slipping back below the $5,100 mark per troy ounce. Persistent strength in the US Dollar (USD) is preventing the yellow metal from building a meaningful recovery, even as markets remain risk-averse amid the deepening conflict in the Middle East.

NYSE parent Intercontinental Exchange partners with OKX, invests at a $25B valuation

OKX announced an investment from Intercontinental Exchange, raising its valuation to $25 billion, alongside a partnership to expand regulated crypto futures and tokenized equity offerings globally.

Two PMIs, two Chinas

China’s economic data are often treated with a degree of caution by global investors. The challenge is not necessarily that the numbers are incorrect, but that they can describe very different parts of a vast and complex economy. Nowhere is that more evident than in China’s PMIs.

Ripple tests recovery strength amid steady ETF inflows, growing retail interest

Ripple (XRP) continues to demonstrate notable resilience as the cryptocurrency market navigates the persistent war in the Middle East after the United States (US) and Israel attacked Iran on Saturday.