Trump wins the election, triggering a huge earthquake in the global exchange rates market! The strong US dollar is coming.
The impact on the offshore renminbi exchange rates is also almost synchronized. As of 16:30 today, the US dollar against the offshore renminbi exchange rate was reported at 7.1765, with an intraday low of 7.0907, and a rare intraday maximum fluctuation exceeding 950 basis points.
Why is it said that the return of Trump will trigger a new round of inflation in the usa and even globally?
If Trump fulfills campaign promises such as tax cuts, tax increases, and cracking down on immigration, it may lead the United States and major world countries to face the issue of soaring inflation. Investors expect Trump's policies to lead to rising inflation in the United States, and if US trading partners also retaliate against US commodities, global inflation will rise significantly.
Express News | Affected by Trump's election victory, Nomura expects the Federal Reserve to only cut interest rates once in 2025.
"Fed's Messenger": The Fed is prepared to cut interest rates, but faces four major issues.
A bigger issue is, under the premise of maintaining the trend of slowing inflation, how much further rate cuts do Federal Reserve officials expect to make to sustain a robust job market.
"Xin Mei Federal News Agency": If the Republican Party "sweeps" both houses, the Federal Reserve may revise its "basic assumptions" in December.
Timiraos believes that the results of the USA election are not yet likely to change the bank's mmf policy stance, unless the Federal Reserve has fully understood the specific measures taken by Trump in the areas of domestic taxes, tariffs, and immigration policies. If the Republican Party sweeps both houses of Congress, then the Federal Reserve may "begin to modify some basic assumptions" at the December meeting.
Analyst: The prospect of a stronger dollar and increased drilling activity is putting pressure on oil prices.
November 6th, Guronghui | StoneX's Fawad Razaqzada stated in a report that the possibility of increased drilling activity after Trump became president may lead to an increase in US oil production, while the strengthening US dollar and the prospect of tariffs that could harm demand have brought downward pressure on oil futures. "So far, there is limited downside potential, but oil prices are more likely to test recent lows."
USD: A Republican Clean Sweep to Fuel Dollar Strength, Higher Yields – MUFG
Express News | usa mortgage rates rise again, reaching the largest increase in two years in the past five weeks.
Concerns about Trump's trade tariffs are growing, leading to a collective decline in container transportation giants.
Due to market concerns about the impact of Donald Trump's election as President of the usa on global trade volume, the stock prices of top container shipping companies plummeted.
US Dollar Rises Early Wednesday on Election Results Ahead of Light Data Day
Higher U.S. Rates Might Slow Non-U.S. Economies, Lead to Rate Cuts Elsewhere -- Market Talk
Express News | Analyst: Inflation in the usa may rise rapidly after Trump takes office, and the Federal Reserve will change its rate cut plan.
Fed Readies a Rate Cut and Faces These Four Questions -- Update
USD: Waiting for Details – Rabobank
DXY: 2-way Trades to Dominate – OCBC
[Real-time Tracking of the Election] Trump officially wins the usa election.
On November 5th, USA will hold the 60th presidential election, the current vice president Harris and former president Trump will officially compete. Finance Associated Press will track and report the latest developments of this election, so please stay tuned.
US Election: Republicans Likely Win Presidency & Senate – TDS
Republican Clean Sweep A Bullish Scenario For S&P 500: Franklin Templeton
Republican Sweep Raises Risks to the Outlook – ABN AMRO
Trump wins the election! Related concept stocks all soared, what else should we pay attention to in the future?
Minsheng Securities believes that for Trump's policies, two approaches need to be followed: what is said after the election is more important than what is said before the election; actions speak louder than words.