Summary of Election Results & Financial Market Reaction As of 11 AM ET, Donald Trump has secured 277 of the 538 Electoral College votes, becoming the 47th president. While ballots are still being counted, President Trump also looks to have won the popular vote, which has not happened for a Republican president since George W. […]
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Fed is widely anticipated to announce a 25bps rate cut today, lower the federal funds rate to 4.50%-4.75%. While Fed Chair Jerome Powell is likely to sidestep any definitive remarks about the implications of Donald Read more…
BoE is widely anticipated to reduce its benchmark interest rate by 25bps to 4.75% today. While the decision is likely to be unanimous, with known hawk Catherine Mann the only probable dissenting voice. Nevertheless, BoE’s Read more…
Key Highlights Bitcoin price started a fresh increase and traded to a new all-time high above $75,000. BTC surpassed a major bearish trend line with resistance at $69,200 on the 4-hour chart. Gold prices dipped Read more…