Trump presidency ends in chaos

What was feared just after the presidential election actually happened yesterday: Trump supporters invaded the Capitol to prevent Joe Biden’s victory from being certified by the Congress. The process was eventually only delayed for a few hours and moreover, Mr. Biden can now count on Senate support after the two remaining seats went to Democratic candidates. Despite the scenes of insurrection in Washington, financial markets welcomed prospects of stronger budgetary stimulus and growth, except the Nasdaq, as tech giants can fear stricter regulation. The USD touched new lows against the euro (1.2349).

Share this news :

You might also read :

December 5, 2022

Upheld Optimism

Macro & Oil Podcast #6 In this EnergyScan podcast, Olivier Gasnier tells us that the markets are currently benefitting from a wave of optimism, brought…
ES-oil
July 7, 2021

Spread vs outright

ICE Brent and WTI’s entire forward curve sold off yesterday by about 3$/b, as the whole commodity complex suffered from a continued rise of the dollar.…
ES-gas
December 3, 2021

Mixed price evolution

European gas prices were mixed yesterday, amid unchanged fundamentals and slight drop in Asia JKM prices (-0.83% on the spot, to €105.380/MWh; -1.40% for the…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]