Citi Wealth Insights

The first five trading days of January are often perceived as indicative of January equity performance and the overall year’s potential.

At a post-G20 summit meeting in Buenos Aires on Saturday night, Donald Trump and Xi Jinping agreed to halt trade tariffs for 90 days to allow for further talks.

Focus this week will be on the meeting between US President Trump and Chinese President Xi as well as the USMCA trade agreement signage during the G20 Summit.

As geopolitical developments continue to impact markets and with the US midterm elections finalized, what are the next major events investors are watching?

Democrats have taken control of the House while Republicans have retained the Senate. As the election outcome matched investors’ expectations, Citi analysts anticipate a muted response from markets over the next few days.

Citi’s base case for the US midterm election on November 6 point to a Republican Senate and a Democratic House.