Reuters/Ipsos Poll: Kamala Harris Leads Trump 46% to 43%; Tight Race Ahead for US Presidential Elections

As per the latest Reuters/Ipsos poll, Democratic Vice President Kamala Harris is leading Republican Donald Trump by a narrow margin of 46% to 43% in the 2024 U.S. presidential election, reflecting the sentiments of voters as the November 5, 2024 vote is nearing.

The poll reveals that voters consider the economy as the top issue facing the country. Within this context, the cost of living was identified as the most important economic concern, with 70% of respondents considering it a key issue while other economic issues like the job market, taxes, or improving personal finances received significantly less attention.

When it comes to addressing these economic issues, voters’ opinions diverge. Donald Trump was seen as the preferred candidate for addressing the cost of living, with 44% of respondents supporting his approach compared to 38% for Kamala Harris. However, when it comes to addressing the gap between wealthy and average Americans, Harris was favored by a margin of 42% to 35%.

The poll also touched on the contentious issue of immigration, which is currently at its highest level in America in over a century. Some 53% of voters in the poll agreed with the statement that immigrants who are in the country illegally are a danger to public safety, compared to 41% who disagreed. This shows that Trump’s claims about immigrants being prone to crime might have swayed some voters, despite these assertions being largely discredited by academics and think tanks.

State-by-State Results

In terms of trust, voters favoured Kamala Harris more than Donald Trump. The poll found that 55% of respondents agreed that Harris was mentally sharp and able to deal with challenges, compared to 46% who held the same view about Trump. This could be a significant factor in the election, as voters may prioritize a candidate’s mental sharpness when making their decision.

The poll, which had a margin of error of about 3 percentage points, also highlighted the importance of state-by-state results in determining the winner of the election. The Electoral College’s state-by-state results are crucial, with seven battleground states likely to be decisive. Polls have shown Harris and Trump are neck-and-neck in those battleground states, with many results within the margins of error.

Historically, close races like this one have been decided by a few key factors, including the candidates’ performance in debates, their ability to mobilize their base, and their success in swaying undecided voters.

In 2000, George W. Bush and Al Gore were locked in a tight race that was ultimately decided by a few hundred votes in Florida. Similarly, in 2016, Donald Trump’s victory was secured by narrow margins in key swing states. As the 2024 election approaches, both Harris and Trump will need to focus their efforts on these crucial areas if they hope to secure victory.

Indian Rupee to Touch 70 Per US$ in 2017: Reuters Poll

After demonetisation, all calculations and projections have been turning red and even on forex front, the Indian rupee is seen dwindling further in value to about 70 per US dollar in 2017, said a poll-based survey by Reuters.

“The rupee is expected to fall further against the US dollar this year to a record low, hit by rising global bond yields and an economic blow from New Delhi’s dramatic currency crackdown launched two months ago,” said the Reuters poll.

“It is expected to fall further to 69.50 by year-end. That 12-month consensus is the weakest for several years and would mark a record low,” it said. Quoting a poll conducted three months ago, Reuters Polling team said three months back the view in a Reuters poll was for the rupee to trade at 67.73 in 2017.

In the year 2016, the rupee remained stronger with variance at below 2 percent, which was better than most of the regional peers making the India’s economy the fastest-growing in Asia. But the election of Donald Trump in the US presidential election and the effect of demonetisation by Indian Prime Minister Narendra Modi have reversed the expections, said the report.

“We see a less rosy scenario in the capital account and current account front in the coming two years, with global bond yields and money flowing back to the US,” said Bhupesh Bameta, head of FX research at Edelweiss Financial Services in Mumbai, participating in the poll.

Since demonetization has roughed up many savings avenues, the attraction for gold may come back again, he added.