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 :

ES-oil
June 2, 2021

OPEC passes on its turn

Strong uncertainty around the timing of a potential return of Iranian oil on the market pushed the OPEC+ group to just confirm what had been…
ES-economy
March 17, 2021

The market is waiting for the Fed

Financial markets should remain rather cautious today ahead of the end of the Fed meeting. We do not expect any policy change, but the tone…
ES-oil
April 16, 2021

Chinese runs in March remained strong

ICE Brent prompt month reached 67.1 $/b on early Thursday, as the dollar continued to weaken and new data on the Chinese refining sector showed sustained…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter
Thank you for subscribing to our newsletter​

We will get back in touch with you soon.

Don’t forget to follow us on twitter!

EnergyScan - Newsletter subscription

Don’t have an account yet? 

[booked-calendar]