What a Trump presidency could mean for global markets and investments

Quick Summary:

Another potential headwind for emerging markets: Trump's vice presidential candidate JD Vance has proposed a 10 per cent tax on remittances, important for many Latin American economies.

Trump will aim to maximize US oil and gas drilling by expanding federal leasing and rolling back environmental regulation where possible a policy agenda that all but guarantees the country will remain the world's top petroleum producer.

Higher dollar yields will also mean a return of carry-trades, with currencies such as the Japanese yen and Swiss franc already heavily sold in the run-up to the election.

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Category: BusinessFinance

Markets: IndiaBrazilChileChinaJapanSouth KoreaMexicoSouth AfricaTaiwanUkraineUnited States

Topics: Clean energy Us dollar European economy Trade wars Commodity prices Us-china trade Us defense spending Corporate tax cuts Emerging markets Stock market Cryptocurrency Oil prices Tariffs Foreign exchange Global markets Sustainable investing Trump presidency Us interest rates Inflation Bond market Us fiscal policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 17:21:10 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1221 words

Reading Time: 7 minutes read

Sentences: 53 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23446593

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 300 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #49

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