What matters most to world markets in a tight US election race

The U.S. presidential election, the most consequential vote for financial markets in an election-packed year, is weeks away.

With Democratic Vice President Kamala Harris and Republican Donald Trump locked in a close race to win the Nov. 5 election, we look at what matters most for world markets.

For European equity markets, a Trump victory could spell trouble for export-heavy sectors, particularly German automakers such as BMW (BMWG.DE), but also LVMH (LVMH.PA), and other luxury goods makers as concerns of renewed trade tensions loom.

Reuters

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