Aussie Dollar a Good Buy if Biden Wins Election: Nordea

The transcript discusses the yen as a safe haven leading up to the election, suggesting it may not be as favorable post-election if Biden wins. It highlights emerging markets as a good investment post-election due to Biden's trade policies, which are expected to boost dollar liquidity and world trade. The discussion also covers G10 currencies, particularly the Australian dollar, as a promising investment in the event of a Biden victory, due to its correlation with emerging markets and commodities.

Why is the yen considered a good place to invest before the election?

• It is less volatile than the Swiss franc.

• It is expected to appreciate significantly.

• It serves as a safe haven during uncertain times.

• It offers higher interest rates.

How might Joe Biden's trade policies affect emerging markets?

• They are expected to be more favorable, boosting trade flows.

• They might reduce dollar liquidity.

• They could cause a recession in emerging markets.

• They could lead to increased tariffs.

What is a key factor that could benefit emerging markets under Biden's presidency?

• Stricter immigration policies

• Improved trade relations and dollar liquidity

• Higher interest rates

• Increased military spending

Which G10 currency is considered a good investment if Biden wins the election?

• British pound

• Australian dollar

• Swiss franc

• Japanese yen

What is the relationship between the Australian dollar and emerging markets?

• The Australian dollar is only correlated with European markets.

• The Australian dollar is negatively correlated with emerging markets.

• The Australian dollar is positively correlated with emerging markets.

• There is no correlation between the Australian dollar and emerging markets.