The Effects of Trump’s Victory on Financial Markets and Digital Currencies
The victory of Donald Trump and his allies in the 2024 U.S. election has had immediate and profound effects on financial markets, particularly in the crypto space, where it has triggered optimism and significant price spikes. As Trump’s numbers soared...
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President-elect Donald Trump’s Stance on Federal Reserve Chair Jerome Powell
President-elect Donald Trump is likely to allow Federal Reserve Chair Jerome Powell to complete his term, set to expire in May 2026, according to an anonymous senior adviser within Trump’s team. Although Trump has frequently expressed frustration with Powell in...
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United States Michigan Consumer Sentiment
The University of Michigan’s U.S. consumer sentiment index rose to 73 in November 2024, marking a seven-month high and coming in above the forecast of 71. This increase highlights rising consumer confidence across multiple economic factors, suggesting an overall positive...
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Dow Jones Hits Historic High Amid Economic Optimism
The Dow Jones Industrial Average (DJIA) has reached an all-time high, signaling a wave of optimism among investors and marking a significant milestone in U.S. market history. The recent surge comes amid positive economic indicators and robust corporate earnings, driving...
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Canada’s Unemployment Rate Holds Steady at 6.5% in October 2024
In October 2024, Canada’s unemployment rate remained at 6.5%, slightly under market forecasts of 6.6%. This steady rate has eased some concerns over the labor market’s recent slowdown, reflecting a mix of resilience and underlying challenges in employment dynamics across...
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