4E Exchange: Trump suffered another assassination attempt, the market is relatively calm but the foreign exchange market may fluctuate

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On September 16, local time on September 15, Trump was attacked again, but fortunately he was not injured. According to 4E Exchange, after the incident, the US stock index futures, US dollar and crypto markets remained basically stable.

The event occurred during a weekend with low trading volume, and the market was relatively calm, but it could cause volatility in the foreign exchange market. The current market focus is still on the upcoming Federal Reserve meeting on September 17-18.

According to the latest news, the probability of a 50 basis point rate cut has risen to 45%, which had fallen to single digits at the beginning of last week. U.S. stocks rose for five consecutive days last week, with the S&P 500 up 4.02% and only 0.7% away from its all-time high; the Nasdaq up 5.95% and the Dow up 2.6%, only about 0.5% away from its previous high.

4E Exchange is a financial trading platform that supports cryptocurrencies, stock indices, bulk gold, foreign exchange and other assets. It is the platinum sponsor of Token2049 in 2024. As the Federal Reserve meeting approaches, 4E reminds you to pay attention to market volatility risks and allocate assets reasonably.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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