S&P 500, Nasdaq futures resume trading, recover sharply

Futures for the S&P 500 and Nasdaq index have resumed trading and recovered more-than half the US exit polls results-led slump following Trump’s victory at US presidential election today.

The US index futures halted trading after dropping 5% and triggering premarket circuit breakers, as increased odds of a Trump win ahead of the US election results roiled sentiment.

Meanwhile, the European equity markets are also seen on a recovery mode and trade near session highs, as dust appears to settle over Trump’s presidency news.

Germany's DAX 30 index now drops -0.97% to 10,380 levels, while the UK's FTSE 100 index declines -0.18% to 6,834. Among the other indices, the French CAC 40 index drops -1.07% to 4,430, while the pan-European Euro Stoxx 50 index drops -1.29% to trade just under 3k mark.

US Dollar trims losses to 97.40 after Trump became President

After briefly bottoming out in sub-96.00 levels, the greenback – tracked by the US Dollar Index – has managed to retake the 97.00 handle and above. U
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Our task is maintain price stability – Riksbank’s M.Floden

Martin Floden, Deputy Governor of the Riksbank, said on Wednesday in Goteborg that the Nordic central bank remains committed to maintain price stabili
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