Trump Announces the DOGE, Market Showing Signs of Post Election Exhaustion
7-Eleven contemplates going private. Markets display post-election fatigue. Trump unveils DOGE. Japanese yen drops to 155 once more. US CPI releases tonight.
Futures Slide, Dollar Rallies, And Trump Assembles His Team.
Trump assembles a hardline team. Toyota criticizes California’s EV targets. China cuts homebuying taxes. Markets dip as the dollar rises. China shows military tech; Amazon and Apple adjust strategies.
President To Have Influence in Monetary Policy?
Futures point towards the upside. Elon Musk’s call for presidential influence on the Fed raises concerns over political interference. TSMC stops AI chip shipments to China under U.S. orders. Bitcoin hits $81K amid Trump’s pro-crypto stance, while China’s economic growth disappoints.
Fed's Jerome Powell Asserts Independence Against US President
The US dollar weakened as the Fed cut interest rates by 0.25%. Asian and European markets mostly declined. US futures mixed. China launched a $1.4 trillion debt swap for local government relief.
Currency Markets Showing Signs of Technical Rebound
Markets soften. FOMC meets today while other central banks make their moves. Swedish's Riksbank and Bank of England lowered rates while Norway kept rates steady.
Markets Cheer As Donald Trump Wins Presidential Election
Trump wins election. US dollar strengthened. China affirms monetary policy stance.
Markets In the Green, Dollar Soften, Last Day To Cast Your Votes
Latest On Global Markets
* It is election day today! US dollar have weakened against all major currencies. USDCHF was the biggest underperformer, declining by close to -0.66%. Currently, US futures point towards the upside with the Dow and S&P 500 climbing by 0.21% and 0.28%