The era of Trump 2.0 has officially begun! A review of the key points from the inaugural speech.
Donald Trump will be sworn in as President of the USA for the second time, with the oath of office scheduled for 1:00 AM Beijing time.
Trump's "first-day executive order" focuses on the border and Energy.
Trump plans to end birthright citizenship, deploy troops to the southern border, and declare a national emergency, as well as terminate asylum applications by accelerating deportations and restarting the 'Remain in Mexico' policy. In terms of Energy, Trump plans to repeal climate regulations related to the production of electric Autos. Trump did not mention tariff policy, but plans to release a memorandum.
Futu Morning Report | Trump has officially taken office! The dollar has fallen sharply, while US stock index futures and Chinese assets have risen across the board; Goldman Sachs and JPMorgan are optimistic about the market outlook.
Trump announced a series of executive orders, including the removal of electric vehicle incentives to save the traditional auto industry in the USA; Trump expressed the hope to visit China within 100 days of taking office, to which the Ministry of Foreign Affairs responded; NVIDIA CEO Jensen Huang was absent from Trump's inauguration ceremony and stated in China that he intends to continue cooperating with China.
After Trump took office as president, the US dollar plummeted, while the three major US stock index futures and Assets in China collectively rose!
① The three major U.S. stock index futures are all rising, with Dow futures up 0.38%, S&P 500 Index futures up 0.36%, and Nasdaq futures up 0.41%; ② The USD has fallen more than 1.2% during the day, while A50 index futures have risen over 1%.
The Trump couple's meme coin has faced criticism, with several cryptocurrency executives warning that it could harm the Industry's reputation.
The meme coin craze of the Trump couple sweeps across the crypto space, but it has triggered dissatisfaction among several executives in the Cryptos Industry, who are concerned that this move may damage the credibility of Cryptos. They originally hoped that the new Republican government would take the digital Assets sector seriously, focusing on measures to promote Industry development rather than two new meme coins. After Trump took office, as of the time of writing, the Market Cap of TRUMP coin rose to 15 billion dollars before falling to around 9 billion dollars, with over a 40% drop from its peak, while Melania meme coin fell nearly 60%. Bitcoin slid back after hitting a historical high on Monday.
How will the U.S. stock market, Gold, Crude Oil Product, and the U.S. dollar move in the first hundred days of Trump 2.0?
Certain asset classes like Gold may be able to replicate the performance of Donald Trump 1.0 during the first 100 days in the short term, but there are many differences worth noting...