Institution: Market volatility will further increase before the Fed meeting next week and the US election

According to Odaily Planet Daily, Lewis Grant, senior manager of Federated Hermes global equity portfolio, said that as the US election approaches, financial markets may continue to be turbulent due to uncertainty about the election results.

He pointed out that the first presidential debate between Democratic candidate Harris and Republican candidate Trump provided little substantive policy explanation, and uncertainty will affect market sentiment.

Federated Hermes expects market volatility to increase further ahead of the Fed's meeting next week and the U.S. election. In the short term, markets will react quickly to changes in the U.S. election and the macro outlook.