Monthly Archives: February 2025
Wall Street Rally as Trump Returns
Written on February 3, 2025 at 4:37 am, by
Market Summary Wall Street surged after reopening from Monday’s public holiday, fueled by optimism surrounding Trump’s administration, which is anticipated to support equities as in his previous term. The Dow Jones led the rally, gaining over 500 points and marking a 5% recovery from its three-month lows, signaling a potential bullish trend reversal. Meanwhile, theContinue Reading
Trump’s Inauguration Fluctuate Dollar’s Strength
Written on February 3, 2025 at 4:37 am, by
Market Summary The U.S. dollar experienced heightened volatility as markets reopened following Monday’s U.S. public holiday. Initially, the Dollar Index declined by over 1% during the Sydney session, reflecting market sentiment that President Donald Trump might delay imposing tariffs. However, the narrative shifted dramatically when Trump took executive action to announce a 25% tariff onContinue Reading
Eyes on Trump Return
Written on February 3, 2025 at 4:36 am, by
Market Summary The U.S. equity market stalled after its recent rally spurred by last Wednesday’s softer-than-expected U.S. CPI reading. The Dow Jones Industrial Average appears to lack bullish momentum, suggesting the potential for a pullback to fill the gap created during the post-CPI surge. As Wall Street transitions into the first quarter earnings report season,Continue Reading
