Donald Trump's economic advisor Peter Navarro on Wednesday sought to reassure the markets, saying the Republican president-elect would help boost economic growth once in the White House, aided by a Republican-controlled Congress.
U.S. interest rates futures on Wednesday pared their initial gains linked to Donald Trump's surprise victory for the U.S. presidency, suggesting traders think the Federal Reserve may still raise interest rates at its Dec. 13-14 policy meeting.
The conventional wisdom is that active investors and market participants prefer Hillary Clinton over Donald Trump to maintain the seven-year stock market advance that began in 2008 and took out prior highs in 2013. According to a new election eve survey – that is only partially true.
In advance of the US Presidential election, Oanda market strategist Alfonso Esparza discusses volatility and shares elite traders’ top tips to mitigate the effects of shock announcements. There is very little time in the fast-moving Forex market to dwell on the past. The best traders learn and move on.
If Hillary Clinton will win, the dollar and stocks will rise, right? Well, not quite. It is more complicated than that, but bear with me I will explain. The U.S. Presidential Election Day has finally arrived and soon we will know who will be leading the country for at least the next four years: Hillary Clinton or Donald Trump.
Big global banks, including Morgan Stanley, JPMorgan Chase & Co and Goldman Sachs Group Inc are bracing for potential tumult on financial markets after Tuesday's U.S. election. As the outcome of the most bitterly fought U.S. presidential elections starts to roll out by Wednesday in Asia, the regional markets will be the first to trade on the results.
U.S. stocks slipped in cautious trading on Tuesday morning as Americans headed to elect their next president, with the odds currently favoring Democrat nominee Hillary Clinton. Clinton has a 90% chance of defeating Republican nominee Donald Trump, according to the final Reuters/Ipsos States of the Nation poll released on Monday.