U.S. Dollar Affects Asian Markets

US Dollar Surge Hits Asian Markets

A strong U.S. dollar unsettled Asian markets on Thursday, as investors assessed a U.S. inflation report that showed price increases. The dollar’s continued rise—particularly against Asian currencies—has intensified economic pressure on the region since the U.S. election. In Japan, the dollar climbed to 156.10 yen from 155.49 yen, reflecting expectations of currency gains linked to…

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Why Elon Musk, private prisons, and crypto are going to profit the most from Trump’s second term.

Why Elon Musk, private prisons, and crypto are going to profit the most from Trump’s second term.

Although America’s CEOs and financiers largely condemned Donald Trump after the Jan. 6 Capitol riot in 2021, they all but made peace with his political return this year—tempering their onetime critiques of the candidate and the GOP, hedging their bets in the lead-up to Election Day, forbidding their media apparatuses from endorsing Kamala Harris, and…

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Donald Trump’s election win is boosting these 11 stocks

Photo: DIMITRIS KAPANTAIS (Getty Images) It is generally expected that Trump will favor policies that would benefit American oil companies. Non-renewable energy stocks, which provide services to the oil and energy industry, performed well after his victory. EQT (EQT), a natural gas producer that engages in hydrocarbon exploration and pipeline transport, has surged since Trump’s…

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