Trump's Economic Policies Ignite Global Market Surge

Global markets rallied post-investor speculation on Donald Trump’s economic policies, amid concerns over higher tariffs and interest rate decisions. U.S. stocks surged with indices setting new records, influenced by anticipated policy impacts on trade, regulation, and inflation. Meanwhile, global shares showed varied responses amid economic uncertainties.


Devdiscourse News Desk | Bangkok | Updated: 07-11-2024 10:21 IST | Created: 07-11-2024 09:59 IST
Trump's Economic Policies Ignite Global Market Surge
Donald Trump (Photo credit/Reuters) Image Credit: ANI
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Asian shares bounced back from early losses on Thursday, following record gains on Wall Street driven by investor speculation on the implications of Donald Trump's return to the White House for the global economy.

The Japanese Nikkei 225 saw minor losses, while markets in Seoul and Sydney edged higher. Meanwhile, Chinese stocks also climbed amid talks of potential fiscal stimulus from Beijing.

Investors focused on Trump's policy proposals, including higher tariffs on Chinese imports, predicting both potential trade disruptions and possible economic growth should Republicans control Congress. These expectations influenced global financial movements despite looming inflation worries and upcoming Federal Reserve interest rate decisions.

(With inputs from agencies.)

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