Rates Spark: A blue wave in the US and euro inflation - ing think

A decisive election result supports immediate sentiment, but the prospect of tighter AI regulation could add to jitters about the tech sector. A president now potentially focusing more on foreign policy leaves oil and tariff risks in focus as sources of rate volatility. Eurozone headline inflation is expected to rise to 4% The baseline case was a Democrat win, but the scale of the victory will give markets plenty to digest. A decisive victory helps ensure a smooth process, as there is little risk of the result being challenged. Trump is accepting the result, and in January we should have a new Congress taking office. We also avoid a gridlock situation with Congress split between Democrats and Republicans.