Tickmill has introduced the “US Elections – Traders Hub,” a new resource to help traders navigate market volatility in the run-up to the November 2024 U.S. presidential election.
The hub provides traders with historical data, market analysis, and expert perspectives on how different election outcomes could impact financial markets. It focuses on five main assets — EURUSD, USDJPY, Gold, S&P500, and VIX — chosen for their potential volatility in response to the elections.
For each asset, the hub features a historical chart that tracks election results from 1993 to the present, a sentiment bar where 10 experts have shared their bullish or bearish views, and insightful videos by analysts and traders outlining their trade ideas and plans around the election period.
Whenever a US presidential election comes around, it’s often labeled as unprecedented. Moreover, previous elections have shown that timing investment decisions around political events can be challenging.
Co-founder Illimar Mattus explained the rationale behind this initiative. “As a trader myself, I know firsthand how crucial it is to lean on history and data when making decisions, especially around significant market events like the US Elections. We’ve built this hub to ensure traders of any level can get access to the historical data and insights that are relevant for this period,” says Illimar.
“In trading, education is the foundation for success, particularly in uncertain times like the US Elections. The tools and insights in the US Elections – Traders Hub can be of great value to help traders make informed decisions and build resilient trading strategies,” added Patrick Munnelly, a market strategy expert at Tickmill.
As the 2024 US presidential election draws nearer, heightened political uncertainty has investors questioning the potential impact on financial markets. While political shifts can influence policies and sentiment, historical data suggests that market reactions to election-year news cycles could be more severe than expected.
Tickmill’s initiative is set to provide guidance and support for traders as they prepare for one of the year’s most pivotal market events.
