You are here

Trump Trade approaching the limits

As president-elect Donald Trump is expected to push forward his populist agenda, short-term figures are already showing trades have reached their bullish extremes.
Wednesday, November 30, 2016 - 05:50

BT_20161130_JOBS_2621347.jpg
People waiting to meet potential employers at a job fair in Hartford, Connecticut, US. This week's jobs data will be crucial given that the December FOMC meeting is just around the corner.

WHILE the S&P 500 made a new high last week, the "Trump Trade" appears to be exhausting. The key elements of the trade have been: bullish US dollar, US equities, USD/JPY, Japanese equities and industrial metals.

The other side of the "Trump Trade" has been: bearish Asia ex-Japan

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom