Dollar

Trump 2024 Sparks Optimism in Financial Markets

Global markets responded enthusiastically to Donald Trump’s victory as President of the United States. The US 10-year Treasury yield spiked above 4.4%, climbing 15 basis points overnight, while Wall Street opened with strong gains after the Republican win. Dow Jones futures surged 1,100 points pre-market, and Bitcoin broke past the $75,000 mark, ...

Dollar Soars, Bitcoin Hits Record as Trump Leads Key Swing States

The dollar surged and bitcoin hit a record high Wednesday as traders bet on a victory for Donald Trump as he picked up key swing states needed to take the White House, ramping up bets on fresh tax cuts, tariffs and rising inflation. While polls had shown the race on a knife edge, the Republican appeared to be faring better than his Democratic ...

The Notable Events of 2023

The year 2023 has been marked by numerous uncertainties and cautious optimism in Lebanon. The economic retrospective of the past year is largely shaped by the impacts of a series of economic and political upheavals. However, amidst the challenges, there have been positive developments. Let's reflect on some significant events. The Dollar Reaches ...