On September 11th, Caixin reported (Editor Malan) The highly anticipated first debate between Trump and Harris has ended, but the audience found it boring upon reflection because these two U.S. presidential candidates did not talk about new details on key issues.

Although this debate was 'fierce', the two engaged in multiple rounds of confrontation on economic issues, immigration, and Trump's lawsuits. However, for Wall Street, the boredom of this debate even exceeded that of the debate between Biden and Trump.

On the issues that investors are most concerned about, such as tariffs, taxes, and market regulation, both Trump and Harris are simply rehashing old topics and have not revealed any new content that could affect the market.

However, some observers have managed to analyze that Harris performed better than expected, and believe that this increases her chances of entering the White House, which may affect the prices of some assets in the next few days.

Overall, Wall Street sighed: listening to their speeches was like listening to a bunch of nonsense.

A draw

Eric Beyrich, the portfolio manager of Sound Income Strategies, said that neither Harris nor Trump put forward any strong economic views, but the market does not want sharp opinions right now, it just wants clear attitudes. Overall, Harris performed slightly better than Trump.

After the debate, Harris's win rate on the PredictIt platform increased from 53% to 56%, while Trump's decreased from 52% to 48%. Another prediction platform, Polymarket, which leans towards the crypto market, shows Trump's odds declining from 52% to 49%. This is also the first time the platform has shown Trump's chances equal to Harris's.

However, Sonu Varghese, the global macro strategist at Carson Group, pointed out that this debate will not change the minds of many people, and the division among voters remains significant. The only sign is that Harris has more advantages in predicting or polling results, but the competition is still intense.

Shier Lee Lim, Chief Forex and Macro Strategist for Convera in the Asia-Pacific region, emphasized that the outcome of the debate is in line with expectations and does not seem to have a significant impact on the market at the moment.

As of the time of writing, the prices of the three major stock index futures in the US are fluctuating, with the US dollar index edging down by 0.22%. Cryptocurrency market fluctuations appear to be relatively significant, with the price of bitcoin falling by over 2% compared to before the debate.

Varghese added that neither candidate has proposed significantly different economic policy positions from the current ones, and the economic policies to be implemented next year will actually depend on the changes in the seats of the two parties in the Senate and the House of Representatives.