Market News

Bitcoin Trades Near $90,000; All Major US Stock Market Indices Again Trade at Record Highs; US Dollar Gains, ‘Trump Trade’ Seen Driving Markets

Bitcoin Exceeds $80,000; All Major US Stock Market Indices Futures Trade at Record Highs; Public Holidays in USA, Canada, France

Bank of England (BoE) cuts key interest rate by 0.25%, with the British pound posting strong gains. The UK budget could complicate the BoE’s rate path.

US Federal Reserve, Bank of England Expected to Cut Rates by 0.25% Today; All Major US Stock Market Indices Trade at Record Highs, US Dollar Losing Bullish Momentum; Trump Projected to Win Popular Vote by 3.5% and All Swing States, Republicans to Win Senate; Bitcoin Retraces From Record High

Trump’s surprisingly emphatic victory in the US Presidential election campaign may change the fundamental outlook on the US stock market and the US Dollar, and generate a more bullish sentiment on US tech stocks.

Trump Projected to Win Popular Vote and All Swing States, Republicans to Win Senate; US Stock Markets, US Dollar Gain on Trump Win; Bitcoin Hits Record High

Polls universally show a statistical tie, while betting markets are a flawed political predictor due to participant bias, suggesting that we are in for a disputed Presidential election.

Polls Showing Statical Tie; Betting Markets Imply 58% Chance of Trump Victory; RBA Leaves Rates Unchanged

Polls Showing Near Dead Heat, But Trump Has Edge; Betting Markets Imply 57% Chance of Trump Victory; US Dollar Declines; Stock Markets Mixed

Bank of Japan maintains interest rates at 0.25%, Governor Ueda says inflation moving in line with expectations. Japanese yen rises sharply.

Gold Trades as High as $2,790 Per Ounce; US Stock Market Indices Close Lower After Advance GDP Slows; Betting Markets Imply 64% Chance of Trump Victory Next Week; No Surprises from Bank of Japan

U.S financial markets and global assets will be affected by the outcome of the U.S Election results. Traders who are contemplating betting on the outcome of the vote need to understand they are stepping into very dangerous terrain.

The US general election will soon conclude, electing a new President and making changes to both Houses of Congress. The outcome is very likely to impact capital markets, so traders and investors will be wise to consider the implications of various potential outcomes and position themselves to profit.

Gold Trades as High as $2,788 Per Ounce; Bitcoin a Whisker Below All-Time High Price; US Stock Market Indices Gain and Trade Near Highs; Betting Markets Imply 64% Chance of Trump Victory Next Week; Australian Inflation Lower Than Expected

Bitcoin Seen as Boosted by Trump Poll Lead; Gold a Whisker Off Record High Price; Betting Markets Imply 64% Chance of Trump Victory Next Week