Kamala Harris

Stock markets remained steady on Tuesday while the dollar and bonds showed signs of caution as global investors awaited the U.S. presidential election, with polls indicating an intensely close race.  

Asian stocks dipped on Tuesday as the U.S. dollar hovered near multi-month highs and bond markets experienced a significant sell-off, signaling investors’ nervousness ahead of the U.S. presidential election. Benchmark 10-year U.S. Treasury yields surged by 11 basis points overnight, and gold hit a record high, surpassing USD 2,740 an ounce on Monday before settling at USD 2,725.