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US Vice Presidential Debate Wrap Up: Pence echoes Trump on peaceful transition, a more civil show

The responses on the economy, taxes and coronavirus from both the Vice-Presidential contenders Kamala Harris and Mike Pence failed to have any market reaction.

Although the risk sentiment remains upbeat on the US stimulus hopes, with the Asian stocks at one-month highs.

As the debate ends, Yohay Elam, Senior Analyst at FXStreet, sums it up: “The debate was a stark contrast from the presidential one last week. While both candidates occasionally interrupted each other and exceeded their time limits, they covered policy.”

Pence tactfully avoided answering the question on the peaceful transfer of power should Joe Biden emerge victorious in the Presidential election.

He voiced President Donald Trump’s take on the election results and a peaceful transition. Recall that Trump refused to accept the election outcome in the first Presidential debate, which sent the risk trades in a tailspin alongside stocks.

All in all, the Pence-Harris face-off emerged to be a much better event, in terms of civility, when compared to the Trump-Biden debate.

“Even the interruptions, of which there were many fewer, were polite. On points Pence scored more often but Harris was adamant in coitizing the Trump administration,” FXStreet’s Senior Analyst, Joseph Trevisani noted.

Related reads

  • US Vice Presidential Debate: Pence says Biden wants to go back to economic surrender to China
  • US Vice Presidential Debate: Pence said Biden plagiarized the Trump administration’s Covid-19 response

S&P 500 futures trades near session highs as the US Vice Presidential Debate concludes

The futures tied to the S&P 500 are trading near session highs and Japan's Nikkei index has risen to eight-month highs. At press time, the S&P 500 fut
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Forex Today: Fiscal stimulus hopes are alive and keep gold and stocks bid, politics eyed

Here is what you need to know on Thursday, October 8: Markets remain cautiously optimistic that further fiscal stimulus comes from the US. Official ta
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