The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Donald Trump achieved such a decisive victory that this time, the election avoided the scandals that marred the vote four years ago. Additionally, Republicans secured a majority in the Senate. While vote counting for the House of Representatives continues, they are also clearly leading there. It seems that the Republican Party will gain control of the White House and both chambers of Congress.
This translates to higher tariffs, increased U.S. protectionism, and more aggressive demands for higher defense spending for Europe. Given the fragile state of the eurozone economy, these developments could exacerbate its problems.
Moreover, the situation worsened because of the collapse of the ruling coalition in Germany, prompting Olaf Scholz to discuss early elections. Currently, opposition parties are highly skeptical of the European Union, and NATO may not achieve a majority in the Bundestag, but they are likely to strengthen their positions. The future government will have to take their stance into account.
All these factors contribute to a lack of optimism for the euro, which will likely remain under pressure. For now, political factors are expected to outweigh economic ones.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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