It should be noted that the negative impact of Trump's deal on the Chinese stock market has long been factored into the market price. Therefore, Trump's election will have limited subsequent pressure on the Chinese stock market, a bit like the US dollar today, which fell after Trump's election. The rise of the Chinese stock market also led to a rebound in commodities and the Australian dollar and New Zealand dollar. It is also beneficial to the gold price during the day.

Implications of Trump’s Election on Global Markets: Short-term Gains or Market Stabilization?

Nov 07 2024