简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Officially which party has won control of the Congress is still not known. The trends and projections, the results are pretty much in line with what was expected. Republicans take control of the House, but by a smaller margin than expected. And control of the Senate is still unknown, and will likely come down to a run-off election in Georgia.
Officially which party has won control of the Congress is still not known. The trends and projections, the results are pretty much in line with what was expected. Republicans take control of the House, but by a smaller margin than expected. And control of the Senate is still unknown, and will likely come down to a run-off election in Georgia.
The initial reaction from the markets wasn‘t favorable, likely because of the associated uncertainty. Investors don’t like knowing what‘s coming, and with control of the Senate down to a single race that had less than a percentage point of margin, doesn’t inspire confidence. Additionally, Republican control by a small margin means that maintaining consistency will be harder. It only would take convincing a small number of Representatives to change legislative outcomes.
Senate results are pending in Arizona and Nevada, both with less than 80% of the vote counted so far. Final tallies aren‘t expected for days. At the moment, a republican is leading in Nevada, and a Democrat leading in Arizona. Should either of these trends reverse, then it could confirm that either party controls the Senate. If not, then the Georgia run-off election isn’t December 6.
On 11th, the University if Michigan reports a preview of its November survey of Consumer sentiment. The survey is on-going, and could be affected by the electoral outcome when the final version comes out later in the month. Currently consumer sentiment is expected to remain broadly healthy at 59.5, a marginal decline from 59.9 in October.
Following the election results, the expectations of what the Fed will do at their next meeting have remained largely unchanged. Only a marginal increase in the number of economists expecting a 25bps hike instead of a 50bps one.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Meta Description: The Nigerian Senate supports cryptocurrency regulation to safeguard investors and strengthen the naira amid inconsistent policies. This move aims to boost economic stability and attract investments.
The foreign exchange market, commonly known as forex, stands as the world's largest financial arena, boasting daily trading volumes in the trillions of dollars. For those eager to capitalize on currency fluctuations, entering this dynamic yet intricate market necessitates the guidance of a skilled intermediary: the forex broker.
SC Malaysia has been cautioned regarding Arab investment company. According to the Authority, a possible clone operating an illegal investment scheme offers high returns e.g.a return of RM3,000 in 24 hours with an investment of RM300. This entity does not carry a License.
SWIFT EARNERS has emerged as a controversial and highly dubious player. Despite its claims of being a reliable broker with a base in the United States and additional operations in Thailand, the experiences of numerous victims tell a different story. A particularly harrowing account comes from a South African victim who has found himself ensnared in what appears to be a well-orchestrated scam.