The main headlines that the global financial media paid attention to last night and this morning include:

Countdown to the US election: polls and betting changes, Trump's deal ebbs down, Wall Street prepares to open all night

The US presidential election was still extremely intense until the last minute. Kamala Harris's approval ratings clung to Donald Trump's, and there were even unexpected signs that she might win the crimson state of Iowa.

At the same time, the gap between the two in the gaming market has gradually narrowed, and the PredictIT platform shows that the current vice president's winning percentage surpassed for a while over the weekend.

The “Trump deal” in financial markets also generally showed fatigue. Currently, they are rushing to the last day before voting to go deep into the “battlefield state” and do their best.

Hedge fund margin trading faces scrutiny, financial regulators consider initiating an investigation

Hedge funds' record bets on US Treasury bonds are facing new scrutiny, and regulators are considering an in-depth study of such practices.

Three people familiar with the matter revealed that after a major project launched last year to gather data on the huge shadow banking system encountered difficulties, the Financial Stability Board (FSB) discussed focusing on a few priority areas, including so-called “base difference trading.”

Some of the world's largest hedge funds are trying to profit from the weak spread between US Treasury bonds and futures, and the bet on one of the recent trades was as high as $1.15 trillion.

Boeing workers vote on wage deal may end strike

Boeing's US West Coast factory workers will vote on Monday on an improved contract proposal that could end the seven-week strike and restart the struggling aircraft manufacturer's jet production.

Boeing's latest proposal includes a 38% increase in wages over four years, up from a 35% salary increase in a proposal that was rejected by about two-thirds of the 33,000 strike mechanics in a single vote 12 days ago. This is the fourth time that Boeing has made an offer since the strike on September 13, and it is a critical moment for the company.

The strike led to the suspension of production of its cash cow 737 MAX jet. Last week, Boeing announced the issuance of shares worth 24 billion dollars to support its financial position.

Carrefour is reported to be studying solutions to improve valuation

According to people familiar with the matter, French retailer Carrefour is studying a plan to increase its valuation, and the research is in the early stages. Negotiations broke down over three years ago when the company sold itself to a competitor in the industry.

People familiar with the matter, who requested anonymity because the information was not disclosed, said that various plans are being discussed internally at Carrefour and various possible options are being discussed with advisors. According to people familiar with the matter, the plans being evaluated include divestment of assets, growth through partnerships and acquisitions, or business restructuring.

People familiar with the matter said that if the buyer is interested, Carrefour, which is listed in Paris, may also consider selling all or part of the company's shares. People familiar with the matter said that another possibility is to take measures to enhance competitiveness through strategic adjustments and new investments while maintaining independence. Carrefour's stock price has fallen by about 30% from its 2022 high, with a market capitalization of about 10.1 billion euros (11 billion US dollars).

J.P. Morgan Chase: If the US election causes a political impasse, US stocks will be boosted

J.P. Morgan strategist Dubravko Lakos-Bujas predicts that once the US presidential election results are out, US stocks will rise in the final phase of 2024, especially if the result is a political impasse.

“In any kind of impasse, we believe that as uncertainty is removed, fluctuations decline, and hedging strategies are closed, US stock prices will rise. While the economy and corporate profits are still resilient, investors will once again turn their attention to the Federal Reserve,” he wrote in a report to clients on Monday.

He added that the situation where the Republican Party won big is most favorable for risky assets before the end of the year.

UK universities will raise tuition fees in an attempt to solve the funding crisis

The British government announced on Monday that it plans to raise university fees for students in England for the first time since 2017 to improve the financial situation of many institutions affected by the crisis.

Nearly half of UK universities are expected to lose money this year due to a long-term freeze in tuition fees and a decrease in the number of lucrative overseas graduate students after the previous administration cracked down on immigration policies.

Education Secretary Bridget Philipson said, “The current administration has not hesitated to meet the challenges we face and make difficult decisions,” and said next year tuition fees will rise to £9535 ($12,336).