Why Trump couldn’t be good for the monetary markets | EUROtoday

Donald Trump would be the subsequent President of the United States. The markets reacted to this on Wednesday. On the US inventory exchanges, inventory costs rose whereas bond costs fell. In Germany and Europe it was the opposite manner round. The greenback appreciated noticeably, particularly in opposition to the euro. “The markets like the election result,” stated Paul Jackson, head of asset allocation analysis at American funding agency Invesco. Historically, the US inventory markets specifically have all the time carried out above common within the yr following elections. And with the Fed chopping rates of interest and an economic system that seems to be headed for a delicate touchdown, issues are literally wanting fairly good.