market reaction

4E Exchange: Trump Faces Attack Again, Market Reaction Remains Calm

ChainCatcher news, on September 15 local time, Trump was attacked again, but fortunately, he was not injured. According to 4E Exchange observations, after the incident, U.S. stock index futures, the dollar, and the cryptocurrency market remained relatively stable. Polymarket data shows that Harris's probability of winning the presidential election slightly decreased by 1% to 50%, still slightly higher than Trump's 49%.The incident occurred during a low-volume weekend, and the market remained relatively calm, but it may trigger volatility in the foreign exchange market. The current focus of the market is still on the upcoming Federal Reserve meeting scheduled for September 17-18.According to the latest updates, the probability of a 50 basis point rate cut has risen to 45%, after briefly dropping to single digits earlier last week. U.S. stocks rose for five consecutive days last week, with the S&P 500 gaining a total of 4.02%, just 0.7% away from its all-time high; the Nasdaq rose a total of 5.95%; and the Dow Jones increased by 2.6%, just about 0.5% away from its previous high.4E Exchange is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and foreign exchange, and is a platinum sponsor for Token2049 in 2024. With the Federal Reserve meeting approaching, 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.
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