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The Swiss stock market experienced a decline amid concerns over potential tariffs from the new Trump administration, which could lead to inflation and hinder interest rate cuts by the Fed. The euro faced pressure as Trump's Republican Party secured a majority in the US House of Representatives, facilitating his legislative agenda.
US stock markets are reacting to inflation concerns, with the SMI declining and Lonza reaching a 14-week high. The dollar has strengthened against the yuan and Swiss franc, while the euro faces pressure from potential tariffs under the new Trump administration, which could exacerbate inflation and hinder interest rate cuts. With the Republican Party gaining a majority in the House, Trump's legislative agenda may advance with less opposition.
US futures are experiencing losses, with significant declines in stocks like Straumann, Alcon, and Sonova. The dollar has gained against the yuan and Swiss franc, while the euro faces pressure due to potential tariffs from the new Trump administration, which could impact inflation and interest rates. With the Republican Party securing a majority in the House, Trump's agenda may advance with less resistance.
The SMI is lower in pre-market trading as Wall Street loses momentum, while Tesla shares continue to rise. The dollar gained against the yuan and Swiss franc, while the euro fell against the dollar amid concerns over potential tariffs from the Trump administration, which could impact inflation and interest rates. With the Republican Party securing a majority in the House, Trump's agenda may face less resistance, facilitating legislative progress.
Vasu Menon
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
swiss stock market declines as trump administration raises tariff concerns
Japanese Yen
Swiss Franc
Euro
United States Dollar
Oversea-Chinese Banking Corporation Limited
USA
Vasu Menon
Donald Trump
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us futures decline as dollar strengthens amid tariff concerns and political shifts
Swiss Franc
Euro
United States Dollar
Chinese Yuan
Alcon Inc.
Straumann Holding AG
Sonova Holding AG
USA
Vasu Menon
Donald Trump
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