Morning Bid: Resounding Trump win sees dollar soar

A look at the day ahead in U.S. and global markets from Mike Dolan Donald Trump’s surprisingly comprehensive victory in the U.S. Presidential election has electrified the U.S. dollar –…

Peso Bruised After Trump Victory. Forecast as of 06.11.2024

Implementing a 25% tariff on all Mexican imports, as proposed by Donald Trump, would have a detrimental impact on the Latin American country’s economy. Approximately 80% of goods are currently…

Oil falls after Trump election as US president sends dollar higher

By Arunima Kumar (Reuters) -Oil prices fell 2% on Wednesday as projections that Republican Donald Trump had won the U.S. presidential election pushed the dollar higher. Brent crude oil futures…

Why VCs Can’t Stop Throwing Money at US Startups

The United States continues to dominate the global venture capital landscape, commanding over 55% of high-value deals worth $100 million or more during the first nine months of 2024, according…

Mexico’s peso slumps to two-year low on prospect of Trump win

LONDON (Reuters) – Mexico’s peso sank to its weakest level in over two years on Wednesday, as markets braced for a win for Donald Trump the U.S. election, extending a…

South Korean trade minister sees firms investing more in US if Trump imposes tariffs

By Jihoon Lee and Heekyong Yang SEOUL (Reuters) – South Korea’s trade minister said on Wednesday he saw domestic companies investing more in the United States if the next U.S.…

Oil falls as projected Trump win sends US dollar higher

By Emily Chow SINGAPORE (Reuters) -Oil prices fell as much as 2% on Wednesday after two sessions of gains, as the dollar surged on projections that Republican Donald Trump had…

The UK Regulator Opens Doors for GTN’s European Growth Push

Fintech firm GTN has secured authorization from the UK’s Financial Conduct Authority (FCA), marking a significant milestone in its European growth strategy. As CEO Manjula Jayasinghe stated, this expands the…

Dollar soars as Trump nears election win; euro, sterling, yen all retreat sharply

Investing.com – The U.S. dollar soared Wednesday, set for its biggest one-day rise since March 2020, as Donald Trump closed in on presidential victory, while a Republican clean sweep of…

Economic calendar for the week 11.11.2024 – 17.11.2024

Market participants are actively digesting the outcomes of last Thursday’s US Fed meeting, which followed the presidential election held the week prior. In the upcoming week, traders will focus on…