How an election-packed 2024 could swing world markets

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Key Points

Taiwanese voters. on Saturday swept the ruling Democratic Progressive Party's presidential candidate Lai Ching-te into power, rejecting Chinese pressure to spurn him..

Back story: The ruling African National Congress risks losing its parliamentary majority in elections for the first time since Nelson Mandela led it to power in 1994...

Back story: Donald Trump is predicted to win the Republican nomination in upcoming primaries, setting the stage for a tight battle with Democrat incumbent Joe Biden - a rerun of the 2020 election that ended with a pro-Trump mob storming Congress in an attempt to block certification of Biden's victory...

Back Story: Incumbent Nicols Maduro has an advantage in presidential elections, with main opposition candidate, Mara Corina Machado, banned from participating due to alleged crimes such as supporting U.S. sanctions on Maduro's government and backing former opposition leader Juan Guaido...

Market risks: In October, the US lifted oil sanctions for six months and debt sanctions indefinitely, allowing US investors to trade in some bonds in exchange for talks to ensure fair and free elections...