The US Dollar (USD) recently experienced a sharp decline against major currencies following reports suggesting a potential shift in the incoming Trump Administration’s trade policy. While the campaign rhetoric heavily emphasized broad-based tariffs of 10-20% on all imports, recent indications point towards a more nuanced approach.Woes as well as concerns …
Read More »US Dollar Declines Following Trump’s Remarks
Investors Cash in Amidst Trade Tensions and Holiday LullAfter President-elect Donald Trump’s inauguration, the US dollar faced a decline as investors cashed in their profits amidst ongoing trade tensions and a holiday pause in bond markets. Early indicators from the incoming administration suggest a deliberate approach to tariffs and fiscal …
Read More »XAU/USD Rises Amidst Trump’s Inauguration
Market Response to Trump’s Inauguration Gold prices saw a moderate increase on Monday as market liquidity remained thin following the swearing-in of Donald Trump as the 47th President of the United States. During his inauguration speech, the US dollar experienced a significant dip, reaching a nine-day low, as Trump indicated …
Read More »TikTok Resumes U.S. Operations After Supreme Court Ban, Trump Vows to “Save” Platform
TikTok began restoring its services in the United States on Sunday, hours after the app went offline following a Supreme Court-backed ban. The ban, approved by Congress, required TikTok to divest from its Chinese ownership due to concerns about potential misuse of user data by the Chinese government. Supreme Court …
Read More »European Stocks Edge Higher Amid Focus on Trump’s Inauguration and Global Events
European stock markets posted modest gains on Monday as investors anticipated U.S. President-elect Donald Trump’s second-term inauguration later in the day, while keeping an eye on global developments like the World Economic Forum in Davos. Market Overview DAX (Germany): +0.1% CAC 40 (France): +0.3% FTSE 100 (UK): +0.1% With U.S. …
Read More »Trump Plans National Emergency Declaration to Revamp Energy Policies and Push Economic Agenda
President-elect Donald Trump is preparing to declare a national emergency as he assumes office, granting him expanded powers to bolster domestic energy production and roll back climate change regulations, Bloomberg reported on Monday. The announcement is expected to be part of a sweeping set of executive actions on his first …
Read More »TikTok Restores U.S. Services Amid Supreme Court Ban and Trump’s Promise of Reprieve
TikTok began reinstating access for U.S. users on Sunday, just hours after compliance with a Supreme Court-backed ban temporarily took the app offline. The move comes as President-elect Donald Trump pledged to issue an executive order upon taking office on Monday, granting TikTok additional time to secure a U.S. buyer …
Read More »Financial Markets Weekly Reap: Q4 Earnings, CPI In Focus
Wildfires Ignite Inflation Fears as Economic Headwinds IntensifyThe recent wildfires in Los Angeles have ignited concerns beyond the immediate human and environmental toll. Economists warn that these infernos will not only scorch the land but also fan the flames of inflation, further complicating the Federal Reserve’s fight to bring prices …
Read More »Trump Coin Takes the Crypto Market by Storm
On January 17th, 2025, just days before his presidential inauguration, Donald Trump launched a meme coin, aptly named “Trump Coin.” Within 24 hours, the coin achieved an astounding market capitalization of $4.8 billion and a fully diluted valuation of $24.3 billion. This rapid rise has positioned Trump Coin to potentially …
Read More »The cryptocurrency market is buzzing with excitement as Bitcoin continues to demonstrate strength, trading comfortably above the $100,000 mark. This bullish sentiment is fueled by a confluence of factors, with the incoming Trump administration’s potential pro-crypto policies emerging as a key driver.Several economists echo this optimism, predicting a significant price …
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