🌐 Market signals: U.S. politics shifts course, financial markets see sharp volatility!
The Democratic Party’s victory in the recent election is sending shockwaves from oil to technology:
📉 *Key figures:*
• Brent crude: Down nearly 9%, falling below $100 per barrel (down about 20% for the week).
• KOSPI (South Korea): Down about 4%, hitting a 7-month low.
• TAIEX (Taiwan): Down 1.8%.
• S&P 500: Up 1.6%.
• EUR/USD exchange rate: Up to around 1.1273.
*Why does it matter?*
1. Expectations that U.S.-Iran tensions will ease have sent energy prices tumbling, supporting gains in bonds and growth stocks.
2. The rise of candidates opposed to building data centers is putting short-term pressure on chip and AI stocks.
3. The shift toward renewable energy is expected to accelerate under the Democrats.
👉 Insights to guide your way — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#CryptoMarket #Trading #Crypto $TRX
The Democratic Party’s victory in the recent election is sending shockwaves from oil to technology:
📉 *Key figures:*
• Brent crude: Down nearly 9%, falling below $100 per barrel (down about 20% for the week).
• KOSPI (South Korea): Down about 4%, hitting a 7-month low.
• TAIEX (Taiwan): Down 1.8%.
• S&P 500: Up 1.6%.
• EUR/USD exchange rate: Up to around 1.1273.
*Why does it matter?*
1. Expectations that U.S.-Iran tensions will ease have sent energy prices tumbling, supporting gains in bonds and growth stocks.
2. The rise of candidates opposed to building data centers is putting short-term pressure on chip and AI stocks.
3. The shift toward renewable energy is expected to accelerate under the Democrats.
👉 Insights to guide your way — Follow the channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#CryptoMarket #Trading #Crypto $TRX