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Posts From Steve White

Trump victory speech helps soothe market concerns

Trump victory speech helps soothe market concerns

Under the USA constitution, Trump doesn’t formally take the reins of power until January but he will begin the transition to his presidency nearly immediately.

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Obama, Trump to meet at White House — Transition

Obama, Trump to meet at White House — Transition

Obama said he was encouraged by Trump’s wanting to work with his team on issues facing the country.

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Asia shares, Dow futures sink as Trump leads in vote count

Asia shares, Dow futures sink as Trump leads in vote count

The dollar, the Mexican peso and crude oil all plunged as Mr Trump gained ground, with USA stock futures tumbling almost five per cent, likely wiping trillions of dollars of

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See How Markets Around the World Reacted to a Trump Victory

See How Markets Around the World Reacted to a Trump Victory

It may have been suggested a Donald Trump victory could lead to recession, then eventual doom for all of humanity – but now the markets have an idea of what

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Mexican peso plunges to all-time low

Mexican peso plunges to all-time low

The peso, which had been viewed as a proxy for Trump’s chances of winning, plunged more than 11 per cent, while the US dollar fell against the yen.

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Dow futures, Asian shares tumble as Trump leads vote count

Dow futures, Asian shares tumble as Trump leads vote count

Emerging-market stocks and currencies slumped amid a global selloff after Donald Trump won the USA presidency in a stunning upset.

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Obama invites Trump to meet, congratulates him on victory

Obama invites Trump to meet, congratulates him on victory

“People are sick and exhausted”, she said.

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Congressional GOP pledges swift action on Trump’s agenda

Congressional GOP pledges swift action on Trump’s agenda

Mr Trump in his victory speech made shortly after candidate of the Democratic Party, Hillary Clinton, had called to congratulate him, promised to be a President for all.

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California Voters Decide To Uphold Death Penalty, Streamline The Process

California Voters Decide To Uphold Death Penalty, Streamline The Process

Voters in California and Nebraska on Tuesday rejected efforts to abolish the death penalty in their states.

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Stunned Mexico ponders new relationship with US

Stunned Mexico ponders new relationship with US

And Mexican Foreign Minister Claudia Ruiz Massieu told CNN late Wednesday that the country is ready to “modernize” but not renegotiate NAFTA.

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Chinese spend billions on Singles’ Day

Chinese spend billions on Singles’ Day

Alibaba said on Friday 84 per cent of sales in the first two hours were via mobile devices, up from past year. Sports stars David Beckham and Kobe Bryant attended

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OPEC says oil and gas will remain world’s main energy source

OPEC says oil and gas will remain world’s main energy source

Still, output wont match 2015, which was the biggest year for US production in 35 years.

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