Emerging-Market Traders Cut Wagers on U.S. Election Volatility
- Investors are more sanguine about risks, Medley Global says
- PBOC made betting against the yuan cheaper following its rally
Voters wearing protective masks stand in line to cast ballots at an early voting polling location for the 2020 Presidential elections in Fairfax, Virginia, U.S., on Sept. 18.
Photographer: Sarah Silbiger/BloombergThis article is for subscribers only.
Traders across the world may be coming around to the idea that the U.S. election isn’t going to be the tumultuous event it was once expected to be.
But the real believers seem to be in emerging markets.