Daily News | Clinton – Wall Street’s favorite?

This week is moving along just nicely, and we have another set of interesting news for you today, which really allow you to choose between numerous combinations. Luckily, you have us in your corner and we will provide you with the best data. Without further ado, this is what we expect to have an impact on global markets today.
First, we start this Wednesday off with the British pound sterling. From Monday to Tuesday, the currency rose from $1.2199 to $1.2223. The British economy could be in jeopardy, however, as the Brexit could curtail supplies of new drugs. You see, drug makers use the European Medicines Agency as the go-to place to get their drug licenses which are valid across Europe. Thus, the results of the Brexit could not only create a sick economy, but a sick populace as well. We will continue to follow this story as it develops.
However, let us now take a closer look at the US dollar. In the same timeframe, the USD fell from €0.9126 to €0.9056. It seems that Hillary Clinton is still Wall Street’s favorite, despite encouraging regulators to break up too-risky banks and her ideas to tighten banking regulations and raising fees. Ultimately, Clinton has an advantage over her rival, as financiers believe Trump could curtail global trade. His candidacy has upended traditional partners, as Republican bankers have started to support Democrats. How this will influence the economy? We will see in the next few days.

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