US: Clinton comes out with the advantage following the presidential debate with Trump – Deutsche Bank

Research Team at Deutsche Bank, suggests that in the outcome of the most watched televised election debate in history and the first of three between Clinton and Trump showed that the Clinton has come out with the advantage following the exchange.

Key Quotes

“Indeed a CNN/ORC poll out a short time ago had 62% of viewers claiming that Clinton won the debate, compared to 27% which believed Trump was the victor. This is the only poll that we have seen officially released so far. In terms of markets, following three consecutive weekly losses in which it weakened nearly 9%, the Mexican Peso – which is seen as a bit of a sentiment proxy for the debate given the trade subject - has rallied back 1.95% and the most since February while there are gains also for a number of other EM currencies which are seen as vulnerable if Trump scrutinises trade deals. US equity index futures are up over +0.60%, while safe haven barometers like the Yen (-0.38%) and Gold (-0.22%) are weaker.

In terms of the debate itself, the subjects of trade, foreign policy, the US economy and race were all debated along with various personal charges of both candidates. It was far from smooth however and at times the moderator lost control of both candidates as the exchanges descended into a tirade of accusations. As a report from the Washington Post out just a short time ago suggested, Clinton came across overly rehearsed but tended to stay more on topic while also coming across as competent and deliberate, and surprisingly didn’t face too many challenges. Trump, meanwhile, was a lot more restless and unprepared. Having said all this Trump has been written off many times and has repeatedly confounded his critics with strong on the ground support. Roll on the next two battles on October 9th and 19th.”