A Market Surge After Trump's Comeback
Written by Antonio Di Giacomo, Senior Market Analyst at XS.com
Donald Trump's victory in the presidential election on November 5, 2024, sparked a positive reaction in the central U.S. stock indexes, which closed at historic highs. The Dow Jones Industrial Average rose more than 1,500 points, reaching 43,800 points. Meanwhile, the S&P 500 closed at 5,940 points and the Nasdaq at...
What’s Next Amid U.S.-Japan Policy Divergence?
Written by: Rania Gule, Senior Market Analyst at XS.com
In recent weeks, the USD/JPY pair has experienced sharp fluctuations, and as of Friday, it is trading at 153.00. This movement is largely influenced by the U.S. Federal Reserve's decisions and the presidential election results, in which Donald Trump emerged victorious. The election outcome has increased market risk appetite, boosting the...
