Trump

NEWS DESK

FX Update: Trump tariff headlines roil markets – Saxo Bank MENA

News Desk 1 07/01/2025 0

Summary: The USD is all over the map today on a story that Trump will dial back his broad-based approach on tariffs, which Trump later specifically denied. Chart: USDCNH The critical exchange rate for the world this year may be USDCNH as we await how the US-China relationship takes shape in the

NEWS DESK

US Elections Aftermath: Trump 2.0 is here, what now? – Saxo Bank

News Desk 1 13/11/2024 0

The US election is over, and it has proved that the pollsters once again were disastrously wrong. The mid-to-late October betting odds predicting a strong Trump victory are remarkably right. The result is a shock as many, including this author, were misled by sudden changes in Harris’ winning odds just ahead of the election. And […]

NEWS DESK

Bitcoin Hits $89K Record, Gold Slips as Dollar Strengthens Post-Trump Victory – Century Financial

News Desk 1 12/11/2024 0

Bitcoin’s record-breaking rally took the digital asset past $89,000 and lifted the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under President-elect Donald Trump.The largest token has jumped about 32% since the US election on Nov. 5 and hit an all-time high of $89,599 early on Tuesday. […]

NEWS DESK

UAE Real Estate Poised for Potential Growth as Trump’s Return Influences Global Investment Trends

News Desk 1 11/11/2024 0

The recent US election outcome, which saw Donald Trump elected as the 47th President, has already begun stirring up global markets, creating new opportunities and challenges across international real estate landscapes. For the UAE, particularly Dubai and Abu Dhabi, the influence of Trump’s administration could introduce dynamic shifts and potential growth within the real

NEWS DESK

Oil continues to rise following Trump win – Noor Capital

News Desk 1 08/11/2024 0

Oil continues its upward trajectory since the start of Wednesday trading, extending a strong rally driven by developments in the U.S. political landscape, American oil inventories, Middle Eastern tensions, and a boost in risk appetite across markets. Trump’s economic policies focus on increasing tariffs and implementing more tax breaks for families and businesses, making

Blockchain & Cryptocurrency

Eric Trump to headline Bitcoin MENA 2024

Dan Ngiam 08/11/2024 0

Trump family supports bitcoin Eric Trump will be the keynote speaker at the upcoming Bitcoin MENA Conference in Abu Dhabi, which will be held from December 9 to 10, 2024, at the ADNEC Centre. Trump’s participation marks a significant milestone for the event, underscoring the growing momentum of bitcoin adoption in the Middle East and […]

NEWS DESK

Trump’s Win – U.S. stock futures, the dollar, and the treasury yields all rising – Noor Capital

News Desk 1 06/11/2024 0

Former President Donald Trump has declared victory in the 2024 presidential election after Fox News projected his win over Democrat Kamala Harris, marking a remarkable political comeback. Trump’s projected triumph included key battleground states—Pennsylvania, North Carolina, and Georgia—with reported leads in other decisive states, according to Edison Research. Other news

NEWS DESK

US election: Shortlists for a Trump or Harris victory – Saxo Bank

News Desk 1 09/09/2024

The stakes in US elections have risen sharply since the shock 2016 election result that saw Trump take the White House. This is especially true when US equities are more dominant than ever, comprising a staggering 65% weight, for example, in the MSCI’s ACWI Index. This global stock index includes both developed and emerging markets, […]

NEWS DESK

What Could Make the Trump Presidency Mostly Bearish for Crude Oil?

News Desk 2 26/07/2024

Mohamed Hashad, Chief Market Strategist, Noor Capital A second Donald Trump presidency after the election on November 5th would be generally negative for the oil market, albeit it would probably have a limited impact. Even while Trump seems to have a more pro-oil and gas agenda than a Democratic contender, it would take a year […]

NEWS DESK

Attack on Trump may prompt safe-haven flows in Asian markets  – Saxo Bank MENA

News Desk 2 15/07/2024

Commodities: WTI crude oil futures declined by 0.5% to close at $82.21 per barrel, ending a two-day winning streak and marking a 1.14% decrease for the week. Brent Crude futures also fell, settling at $85.03 per barrel, down 0.43%. Natural gas saw a late-week rebound, finishing up 0.43% for the week at $2.329. Gold prices […]