4E Exchange: Trump Hit Again, Market Remains Calm
On September 15th, local time, Trump was attacked again, fortunately without injury. According to 4E Exchange observations, after the incident, US stock index futures, the US dollar, and the crypto market remained largely stable. Polymarket data shows Harris's presidential election win probability dropped slightly by 1%, currently at 50%, still slightly higher than Trump's 49%.
The incident occurred on a weekend with low trading volume, leading to relatively calm market behavior. However, it could potentially trigger fluctuations in the foreign exchange market. The current market focus remains on the upcoming Federal Reserve meeting on September 17th and 18th.
According to the latest information, the probability of a 50 basis point interest rate cut has risen again to 45%. This expectation had dropped to single digits earlier last week. US stocks have seen five consecutive days of gains last week, with the S&P 500 gaining 4.02%, only 0.7% away from its all-time high; the Nasdaq rose 5.95%; and the Dow gained 2.6%, only about 0.5% away from its previous high.
4E Exchange is a financial trading platform that supports cryptocurrencies, stock indexes, precious metals, foreign exchange and other assets. It is a platinum sponsor of Token2049 2024. With the Fed meeting approaching, 4E reminds users to be aware of market volatility risks and manage their assets rationally.