US shares hit record highs on Wall Street and the dollar posted its biggest gain in eight years as Donald Trump was re-elected to the White House in a historic win.
Bitcoin has also hit an all-time high, following Trump’s election promise to prioritise the volatile crypto currency.
Investors are, however, betting that Trump’s plan to cut taxes and raise tariffs will push up inflation and reduce the pace of interest rate cuts.
Higher rates for longer mean investors will get better returns on savings and investments they hold in dollars.
Subscribe here: http://bit.ly/1rbfUog
For more news, analysis and features visit: www.bbc.com/news
#US #Election #BBCNews
The BBC's Will Grant has been taking a look around the base camps that England and defending champions Argentina will…
L'informazione della testata giornalistica di LA7 diretta da Enrico Mentana
SEATTLE (STATI UNITI) (ITALPRESS) – Finisce 1-1 la sfida tra Belgio ed Egitto, che apre il programma del gruppo G…
Millions of children in the UK will be forced off social media after the government announced it would ban under-16s…