Trump vs Biden: What's at stake in key emerging markets?


  • World
  • Friday, 30 Oct 2020

FILE PHOTO: Yard signs supporting U.S. President Donald Trump and Democratic U.S. presidential nominee and former Vice President Joe Biden are seen outside of an early voting site at the Fairfax County Government Center in Fairfax, Virginia, U.S., September 18, 2020. REUTERS/Al Drago/File Photo

LONDON (Reuters) - Emerging markets have historically fared better with a Democrat as U.S. president and after this year's underperformance under Republican Donald Trump, much of the sector might welcome the prospect of a Joe Biden victory in Tuesday's election.

Opinion polls ahead of the Nov. 3 vote show Biden with a significant edge nationally over Trump in a race being closely watched by investors in developing economies, which account for nearly 60% of global GDP.

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