The US election is not far away, so how would a presidency of Donald Trump or Kamala Harris affect the financial markets?

MARKET WRAP:
ASX200: down 1.66% to 8,205
GOLD: $2,747 US/oz
BITCOIN: $100,816 AUD
REITs fell, with Lendlease down 2.6% to $6.74, Charter Hall dropped 3.5% to $15.68, and Stockland Group sank 2.4% to $5.24.
Mirvac on its update managed to sneak past, shares flat at $2.19.
The banks took a hit, with Commbank down 2.2%, NAB losing 2.1%, Westpac 1.8% lower and ANZ off by 0.8% 
Viva Energy dropped 6.7% on an outlook of softer retail conditions.
Metcash fell 6.2%, James Hardie dropped 4.7%, and Mineral Resources down 4.3%
A lift in output for mining company Stanmore Resources helped its shares up 3.4%.
Escaping losses were Coles, up 0.3%, Graincorp, up 0.8%, and Pilbara Minerals, up 0.7%.

CURRENCY UPDATE:
AUD/USD: 66.85 US cents
AUD/GBP: 51.4 pence
AUD/EUR: 61 Euro cents
AUD/JPY: 100 Japanese yen
AUD/NZD: 1.10 NZ dollars

The US election is not far away, so how would a presidency of Donald Trump or Kamala Harris affect the financial markets?
MARKET WRAP:
<ul>
<ul>
<li aria-level="1">ASX200: down 1.66% to 8,205</li>
<li aria-level="1">GOLD: $2,747 US/oz</li>
<li aria-level="1">BITCOIN: $100,816 AUD</li>
</ul>
</ul>
<ul>
<li aria-level="1">REITs fell, with Lendlease down 2.6% to $6.74, Charter Hall dropped 3.5% to $15.68, and Stockland Group sank 2.4% to $5.24.</li>
<li aria-level="1">Mirvac on its update managed to sneak past, shares flat at $2.19.</li>
<li aria-level="1">The banks took a hit, with Commbank down 2.2%, NAB losing 2.1%, Westpac 1.8% lower and ANZ off by 0.8% </li>
<li aria-level="1">Viva Energy dropped 6.7% on an outlook of softer retail conditions.</li>
<li aria-level="1">Metcash fell 6.2%, James Hardie dropped 4.7%, and Mineral Resources down 4.3%</li>
<li aria-level="1">A lift in output for mining company Stanmore Resources helped its shares up 3.4%.</li>
<li aria-level="1">Escaping losses were Coles, up 0.3%, Graincorp, up 0.8%, and Pilbara Minerals, up 0.7%.</li>
</ul>
CURRENCY UPDATE:
<ul>
<li aria-level="1">AUD/USD: 66.85 US cents</li>
<li aria-level="1">AUD/GBP: 51.4 pence</li>
<li aria-level="1">AUD/EUR: 61 Euro cents</li>
<li aria-level="1">AUD/JPY: 100 Japanese yen</li>
<li aria-level="1">AUD/NZD: 1.10 NZ dollars</li>
</ul>

Join Deborah Knight for Money News, the most respected business program on radio.


If you crave the latest insights into super & small business, interest rates & investment, and economics & e-commerce, then the team at Money News has everything you need to know.


Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing moneynews@2gb.com

Join Deborah Knight for Money News, the most respected business program on radio.
 If you crave the latest insights into super &amp; small business, interest rates &amp; investment, and economics &amp; e-commerce, then the team at Money News has everything you need to know.
 Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing <a href="mailto:moneynews@2gb.com">moneynews@2gb.com</a>

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