US and Japan Fast-Track $550 Billion Strategic Investment Initiative 
Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally 
Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week 
German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025 
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise 
Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook 
Yen Stabilizes Near Lows as Japan Signals Readiness to Intervene Amid Dollar Weakness 
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched 
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand 
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist 
Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten 
BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks 
U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session 
Wall Street Hits Record Highs Amid Trump’s Victory and Anticipated Fed Rate Cut
U.S. stock index futures steadied Wednesday night as Wall Street reached new highs, celebrating Donald Trump's victory in the 2024 presidential election. With the election results sparking optimism, investors now await the Federal Reserve’s upcoming interest rate decision.
Trump's Victory Boosts Wall Street
Wall Street indexes surged after major networks projected Trump’s win over Kamala Harris. The Republican majority in both the Senate and House strengthens Trump’s path to enacting major policy changes, including potential corporate tax cuts. This “red sweep” energized investors, pushing the S&P 500 up 2.5% to a record 5,929.04 points, the Nasdaq Composite 2.9% to 18,978.65 points, and the Dow Jones 3.6% to 43,729.93 points—its best day since 2022.
Key Market Drivers
Investor sentiment was further lifted by stronger-than-expected PMI data and positive earnings from semiconductor giants like Qualcomm and GlobalFoundries. Qualcomm shares jumped nearly 7% in after-hours trading, while GlobalFoundries gained on reports of potential government support through the CHIPS Act.
Fed Rate Decision Looms
Attention now shifts to the Federal Reserve's Thursday meeting, where a 25-basis-point rate cut is widely expected. However, the central bank’s outlook on future rate policy remains unclear, especially as Trump’s protectionist economic stance may fuel inflation. The Fed’s stance on long-term interest rates will be crucial in shaping investor expectations.
