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2:48 AM · 4 November 2020

Trump leads the betting polls, the return of risk aversion

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Despite the fact that votes are still counted in many swing states, and many of them are currently led by Biden, the market is seeing a significant retreat from risk. The dollar is gaining, yields are sharply down, and the Wall Street futures are also in retreat.
EURUSD is testing the recent local lows. Source: xStation5
Do investors fear the wall with Mexico again? USDMXN at its highest level since October 7. Source: xStation5
The initial increase in bond yields is being offset. Currently, 10-year yields are falling by almost 10 basis points. Source: xStation5
 
Meanwhile, Betfair shows that Trump's odds of winning are 71%. Previously, this rating was only 32%.
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