Daily News | Learn how Trump will affect the global economy

Daily News | Trump shocks markets

Welcome to another great day of global binary options trading on the currency market! We have, once again, compiled data that will be pertinent to your trading this Wednesday. As you might have guessed, economic data today is unquestioningly linked to the victory of Republican candidate Donald Trump in the presidential elections in the United States. With that, let us look at the US dollar. From Monday to Tuesday, the currency rose from €0.9059 to €0.9062. This rise will, however, assuredly see a drop today. This is because of the fact that economists everywhere are stunned with the election results, as Hillary Clinton was Wall Street’s preferred choice. Even S&P 500 index futures crashed. On the other side of the pond, in the same timeframe, the euro fell slightly, from $1.1038 to $1.1034. This drop is bound to increase as well, as European shares fell at the open today. This brings in uncertainty which will affect the global markets. The STOXX Europe 600, for example, fell 1.1%. There is a lot of market skepticism surrounding the views of Donald Trump concerning trade, as well as uncertainty regarding his policy positions. We are on the early outset of this news and will continue to update you on the markets as this story develops.

Daily News | Why worry about the elections?

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