How will Trump 2.0 policies affect global capital markets? Bank of America Merrill Lynch lists three possible scenarios that may arise.
Bank of America Merrill Lynch believes that in the best-case scenario, the US GDP growth rate will exceed 3%, the US dollar will be slightly strong, and the gold price will be relatively low; in the worst-case scenario, aggressive tariff policies will impact global trade, exacerbate the risk of US recession, and cause a sharp decline in US stocks; in the tail risk scenario, the US economy will fall into stagflation, the US dollar will weaken across the board, and gold and cryptos will benefit.
Who will bear the burden of the currency market? In the face of a strong dollar, the euro is the first to falter!
① This week, as the usd index broke through the 108 mark, reaching its highest level in over two years, the volatility in the forex market has become a focal point for many domestic investors. ② However, behind the strong trend of the dollar, have some small details been overlooked? ③ One easily overlooked aspect might be the euro...
A visual overview of the Trump 2.0 policy timeline! What investment opportunities are worth paying attention to?
Analysis indicates that Trump 2.0's policy may still be within the framework of 1.0, but the pace may accelerate, and domestic and foreign policies may become more assertive. Trump may be more firm in practicing the "America First" principle, implementing tougher immigration and trade policies.
The Republican Party won a majority of seats in the House, but the slim advantage brings challenges.
House Republicans are expected to win a majority of seats in the next Congress, giving them unified control that allows Trump to have more say in budget and tax battles. However, given that the Republican majority is expected to be narrow and internal consensus may be difficult to achieve, this could hinder their efforts to advance Trump's agenda.
PBOC Governor Pan: Will Continue to Implement Supportive Monetary Policy
Trump wins the election, triggering a huge earthquake in the global exchange rates market! The strong US dollar is coming.
The impact on the offshore renminbi exchange rates is also almost synchronized. As of 16:30 today, the US dollar against the offshore renminbi exchange rate was reported at 7.1765, with an intraday low of 7.0907, and a rare intraday maximum fluctuation exceeding 950 basis points.