Trump Attacked Again, Markets Remain Stable

ChainCatcher reported on September 15th that Donald Trump was attacked again, though thankfully unharmed. According to 4E Exchange observations, after the incident, US stock index futures, the US dollar, and the crypto market remained largely stable.

Data from Polymarket showed a slight 1% decrease in the probability of Harris winning the presidential election, currently at 50%, still slightly higher than Trump's 49%.

The event occurred on a weekend with lower trading volume, resulting in relatively calm market behavior, but it could potentially trigger fluctuations in the foreign exchange market. The current market focus remains on the upcoming Federal Reserve meeting scheduled for September 17th and 18th.

According to recent briefings, the probability of a 50 basis point rate cut has risen again to 45%, after falling to single digits earlier last week. US equities have experienced 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 gained 5.95%; and the Dow Jones gained 2.6%, only 0.5% away from its previous peak.

4E Exchange is a financial trading platform that supports cryptocurrencies, stock indices, bulk gold, forex, and other assets. They are a platinum sponsor of Token2049 in 2024. With the Federal Reserve meeting approaching, 4E reminds users to be aware of market volatility risks and manage their assets accordingly.