With US election uncertainties behind us and the Fed cutting rates as anticipated, gold prices are experiencing profit-taking amid a lack of new catalysts.
Donald Trump
Federal Reserve ready to cut interest rates by 25 basis points
The US Federal Reserve (Fed) will announce monetary policy decisions following the November policy meeting on Thursday, just barely two days after Donald Trump was elected as the 47th president of the United States. Market participants widely anticipate that the US central bank will lower the policy rate by 25 basis points (bps) to the range of 4.5%-4.75%.
Crude Oil Technical Analysis: OPEC+ Needs to Act
Crude Oil prices could be set for a bear cycle as Donald Trump is set to become the next US President in January 2025. Trump has already committed in the runup to the presidential election that regulation and permitting will become less strict. At the same time, funds allocated to green energy will be diverted towards shale Oil and fossil fuel projects. That means structural additional supply is set to be released in 2025, on top of OPEC+’s foreseen supply normalization.
Trump tax cuts come at the right time for stocks. Further ahead, it gets murky.
For stock markets, the short-term and long-term outcomes of the “Trump trade” won’t necessarily be the same.
Donald Trump’s victory
So far, President-elect Donald Trump’s victory Tuesday has been positively received by investors, as was the case in 2016. The S&P 500 rose 2.5% to a record close Wednesday, buoyed by Trump’s stated intentions to, among other tax cuts, take the corporate-tax rate from 21% to 15% for companies that manufacture in the U.S.
2024 united states elections: Donald Trump closer to reclaiming the White House
Donald Trump won the battleground state of North Carolina on Tuesday, fending off a challenge from Kamala Harris, who was looking to flip the state and expand her pathways to 270 electoral votes. The former President also won the swing State of Georgia, returning its 16 electoral votes to the Republican column.
Harris Reprises her role as prosecutor to build case against Trump
Kamala Harris formally accepted the Democratic nomination for president with a speech delivered in the guise of her old job, a prosecutor with a multi-count indictment against her November opponent, Donald Trump.
बाइडेन नहीं लडेंगे US राष्ट्रपति चुनाव, कमला हैरिस को कमान- ट्रंप को रोकने के लिए काफी होगा?
तारीख थी 31 मार्च, 1968. तत्कालीन अमेरिकी राष्ट्रपति लिंडन जॉनसन को वियतनाम युद्ध को लेकर अपने देश में बड़े पैमाने पर विरोध का सामना करना पड़ रहा था, खासकर विभिन्न विश्वविद्यालयों के परिसरों में। इन सबके बीच, राष्ट्रपति जॉनसन इस दिन राष्ट्रीय टेलीविजन पर आए और घोषणा की कि वे राष्ट्रपति पद के लिए अपनी पार्टी का नामांकन नहीं मांगेंगे।