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-gas
March 31, 2022

Prices up again on colder weather

European gas prices were up again yesterday, more sensitive to the drop in temperatures than to the still-comfortable pipeline supply. Indeed, Russian flows were slightly…
ES-economy
September 23, 2021

Markets absorb Fed announcements smoothly

For a detailed analysis of the Fed’s announcements after its meeting, you can refer to the News sent last night.  Unsurprisingly, the process of reducing asset purchases should…
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]