Sharemarket investors were initially excited about the president-elect’s return to the White House but Jerome Powell quickly became the party pooper.
The Australian sharemarket has started the week in positive territory,as investors await the release of minutes from the RBA’s most recent monetary policy meeting.
Professional pollsters are having a hard time picking winners,and financial markets are much better at gauging public sentiment.
The Australian sharemarket ended the day in the green following gains from utilities,real estate and banking stocks.
Trump 2.0 is Trump unleashed. His policies and personality are a toxic mix that will poison the global economy.
The Australian sharemarket has made the most of a bright start to close in the green,with banks and IT stocks setting the pace.
The greenback has surged against currencies of America’s major trading partners since the election,sounding a warning for the global economy.
The Australian sharemarket remained in the red throughout the day on Wednesday,marking the index’s third consecutive day trading lower.
Donald Trump’s administration is starting to take shape,and his appointees to key positions have something in common:they’re well-known China hawks.
The Australian sharemarket closed in the red on Tuesday,weighed down by mining stocks,which declined sharply for a second day after China’s latest economic package failed to wow investors.
The crypto market has been set alight by Donald Trump’s election win. What has them most excited is the man Trump has vowed to fire on his first day in office.