market-watchers
S&P affirms U.S. investment-grade ratings after presidential election
November 10, 2016 by elegant · Leave a Comment
Donald Trump won the U.S. presidential election in a stunning upset, and will take office in January, with the Republicans maintaining majority control of the House of Representatives and the Senate. “We assume the longstanding institutional strengths and robust checks and balances of the U.S. will support policy execution in a Trump administration, despite the president-elect's lack of experience in public office, which raises uncertainty on policy proposals,” the ratings agency said.
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S&P affirms U.S. investment-grade ratings after presidential election
market-watchers
Asia shares rebound in sharp turnaround from Trump shock
November 10, 2016 by elegant · Leave a Comment
By Wayne Cole and Shinichi Saoshiro SYDNEY/TOKYO (Reuters) – Asian shares rebounded on Thursday and the dollar firmed in a remarkable snapback from the shock of Republican Donald Trump's presidential victory, though the speed of the reversal left some market watchers scratching their heads. MSCI's broadest index of Asia-Pacific shares outside Japan bounced 1.7 percent after dropping 2.4 percent on Wednesday as global markets plunged as Trump swept to power. “Markets…
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Asia shares rebound in sharp turnaround from Trump shock