4E Exchange: Trump Faces Another Assassination Attempt, Markets Relatively Calm But Forex Could Fluctuate
On September 16th, local time September 15th, Trump was attacked again, fortunately, he was not injured. According to 4E Exchange observations, after the incident, US stock index futures, the US dollar, and the cryptocurrency market remained generally stable.
The incident occurred on a weekend with lower trading volume, and the market was relatively calm, but it may trigger volatility in the foreign exchange market. The market's current focus remains on the Federal Reserve meeting to be held on September 17th and 18th.
According to the latest briefing, the probability of a 50-basis-point interest rate cut is expected to rise again to 45%, an expectation that had fallen to single digits earlier last week. US stocks rose for five consecutive days last week, with the S&P 500 gaining a cumulative 4.02%, just 0.7% away from its all-time high; the Nasdaq gained 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 indices, bulk gold, foreign exchange, and other assets. It is a Platinum sponsor of Token2049 in 2024. With the Federal Reserve meeting approaching, 4E reminds you to be aware of market volatility risks and to allocate assets rationally.