Many people are touting Article 50 to be the big market mover next week. They might just be wrong.

On Monday morning, we’ll have the market reaction to the first major legislative vote for the young Trump administration in the US. You may be forgiven for thinking that an event all the way across the Atlantic might not have a significant impact on the UK’s blue chip index. However, it is likely to be a major driver of sentiment and here’s why.

As I write this, Donald Trump and his administration are pushing for their first major legislative change since his inauguration in the form of repealing Barack Obama’s Affordable Care Act. Markets have thus far bought into the Donald’s ability to deliver on his promises, recording record highs after record highs in both the UK and the US.

However, promises can only propel markets so far and investors are now looking for proof that Trump will indeed deliver the goods. With the next wave of legislation likely to include much more market sensitive policies, including infrastructure investment spending, deregulation of the banking sector and tax reform across the US, this is the first true test of the new US government’s ability to pass new laws.

The key question is, ‘have markets jumped the gun?’ or is Trump all he claims to be on delivering on the art of the deal. The answer to this is likely to provide an idea of whether the post-election rally in global equities is set to continue or reach a premature end. The stakes are high.

Of course, should you already be a client of Accendo Markets this would come as no surprise. Their broker would have already briefed them on the potential outcomes of this vote, when the result is expected and what sectors are most likely to be affected. With the ability to take both long and short positions in the market, they’re well prepared to make the most out of whatever the eventual outcome of the vote. All that’s left on their to-do lists is to receive their pre-market call from their broker on Monday and react accordingly, making the most of the potentially considerable stock market reaction as the London Stock Exchange opens.

If you’re not already trading with us, then your options may be more limited. However it is not too late to act. Your first port of call should be to sign up to receive our award-winning research service here. Alternatively, you can put into call direct to our trading floor on 020 3051 7407 to have myself or one of the other fully regulated traders brief you ourselves on the weekend’s events.

But who doesn’t hate missing out?

With a whole host of momentous changes to US legislation coming imminently, make sure you haven’t missed out on further opportunities that the major Trump trades will provide in 2017. Hopefully the next time a major change in the US comes about, you won’t be looking from the outside in, but you’ll be receiving your morning call from your trusted Accendo Markets broker.

We look forward to working with you.

George Walker, Trader, 24 March