US election 2020: Biden vs Trump

How will the US election impact the markets? Discover what effect a Trump or Biden win could have and the instruments to watch.

US election

How will the US election impact the markets?

What if … Trump wins

  • How will an escalation of trade wars affect US and China indices and shares, and the US dollar?

  • How would Trump’s lack of attention on climate and renewables affect the industry?

  • Could a more relaxed approach to regulation on the tech industry be a boon for the sector?

What if … Biden wins

When is the US election?

The US presidential election takes place on Tuesday 3 November, 2020, and while the first exit polls could come in at around 4am (UK time) on 4 November, there may be a longer wait this time due a predicted increase in postal voting. To win, either Trump or Biden must win a majority of the electoral votes (270 of 538), with the victor beginning a four-year term of office on 20 January 2021.

29Sep

First debate

07Oct

Vice-presidential debate

15Oct

Second debate

22Oct

Final debate

03Nov

Election day

Markets to watch

How will the US election impact your trading? See how key instruments are likely to be affected and how our clients are positioned.

EUR/USD
1.1771
7.62%
Client sentiment
-0%1%2%3%4%5%6%7%8%9%10%11%12%13%14%15%16%17%18%19%20%21%22%23%24%25%26%27%28%29%30%31%32%33%34%35%36%37%38%39%40%41%42%43%44%45%46%47%48%49%50%51%52%53%54%55%56%57%58%59%60%61%62%63%64%65%66%67%68%69%70%71%72%73%74%75%76%77%78%79%80%81%82%83%84%85%86%87%88%89%90%91%92%93%94%95%96%97%98%99%100%
Short
US SPX 500 - Cash
3451.4
16.62%
Client sentiment
-0%1%2%3%4%5%6%7%8%9%10%11%12%13%14%15%16%17%18%19%20%21%22%23%24%25%26%27%28%29%30%31%32%33%34%35%36%37%38%39%40%41%42%43%44%45%46%47%48%49%50%51%52%53%54%55%56%57%58%59%60%61%62%63%64%65%66%67%68%69%70%71%72%73%74%75%76%77%78%79%80%81%82%83%84%85%86%87%88%89%90%91%92%93%94%95%96%97%98%99%100%
Short
US NDAQ 100 - Cash
11745.60
24.90%
Client sentiment
-0%1%2%3%4%5%6%7%8%9%10%11%12%13%14%15%16%17%18%19%20%21%22%23%24%25%26%27%28%29%30%31%32%33%34%35%36%37%38%39%40%41%42%43%44%45%46%47%48%49%50%51%52%53%54%55%56%57%58%59%60%61%62%63%64%65%66%67%68%69%70%71%72%73%74%75%76%77%78%79%80%81%82%83%84%85%86%87%88%89%90%91%92%93%94%95%96%97%98%99%100%
Long
Gold - Cash
1902.62
11.50%
Client sentiment
-0%1%2%3%4%5%6%7%8%9%10%11%12%13%14%15%16%17%18%19%20%21%22%23%24%25%26%27%28%29%30%31%32%33%34%35%36%37%38%39%40%41%42%43%44%45%46%47%48%49%50%51%52%53%54%55%56%57%58%59%60%61%62%63%64%65%66%67%68%69%70%71%72%73%74%75%76%77%78%79%80%81%82%83%84%85%86%87%88%89%90%91%92%93%94%95%96%97%98%99%100%
Long
CMC USD Index
984.70
-6.10%
Client sentiment
-0%1%2%3%4%5%6%7%8%9%10%11%12%13%14%15%16%17%18%19%20%21%22%23%24%25%26%27%28%29%30%31%32%33%34%35%36%37%38%39%40%41%42%43%44%45%46%47%48%49%50%51%52%53%54%55%56%57%58%59%60%61%62%63%64%65%66%67%68%69%70%71%72%73%74%75%76%77%78%79%80%81%82%83%84%85%86%87%88%89%90%91%92%93%94%95%96%97%98%99%100%
Long

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1

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2

Fund

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3

Trade

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Why trade the US election with CMC?

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Trade out of hours

Favourites like the US 30 and UK 100 trade 24/5, so you don’t have to stop when the markets do.

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Get broader access to the market from a single position with our exclusive share baskets.

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'Cash' markets

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Yes, CMC Markets UK plc (registration number 173730) and CMC Spreadbet plc (registration number 170627) are fully authorised and regulated by the Financial Conduct Authority (FCA) in the UK. Retail client money is held in segregated client bank accounts and money held on behalf of clients is distributed across a range of major banks, which are regularly assessed against our risk criteria.

Is CMC Markets covered by the FSCS?

Yes, your eligible deposits with CMC Markets are protected up to a total of £85,000 by the Financial Services Compensations Scheme (FSCS), the UK's deposit guarantee scheme. If CMC Markets ever went into liquidation, retail clients would have their share of segregated money returned, minus the administrators' costs in handling and distributing these funds. Any shortfall of funds up to £85,000 may be compensated under the FSCS.

 

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As a retail client, your money is always held separately from CMC Markets' own funds, so that under property, trust and insolvency law, your money is protected. Therefore your money is unavailable to general creditors of the firm, if the firm fails.

Where do your prices come from?

Our automated pricing engine collates and checks thousands of prices per second, streamed from our liquidity providers. The most representative price is then used to create the quotes on our platform. Our pricing on commodities aims to mirror the underlying market. Learn more

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We never aim to profit from our clients’ losses. Our aim is to build long-term relationships by providing the best possible trading experience through our technology and customer service.

*Awarded No1 Web-Based Platform, ForexBrokers.com Awards 2020; Best Phone Customer Service & Best Email Customer Service, based on highest user satisfaction among spread betters, CFD and FX traders, Investment Trends 2020 UK Leverage Trading Report; Best Platform Features, Best Mobile/Tablet App, Rated Highest for Charting, Investment Trends 2019 UK Leverage Trading Report; Best In-House Analysts, Professional Trader Awards 2019.​