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Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Donald Trump wins the US presidential election

November, 06 2024
watermark Economic news

Donald Trump won the US presidential election, securing 277 electoral votes, which exceeds the threshold of 270 votes needed to win. Trump has already addressed the Americans and declared himself the 47th president of the United States.


In the fight for the presidency, Trump defeated Vice President Kamala Harris. During a speech to his supporters, he said that his new administration would be a «truly golden era» for the country. 


This is Trump's second return to power: he previously served as president from 2017 to 2021 after defeating Hillary Clinton in the 2016 election, but lost in the 2020 election to Joe Biden. At the time of his inauguration, Trump will be 78 years old, and he will become the oldest president in the history of the United States.


Trump is actively supported by influential businessmen, including Elon Musk. James Vance, a 40-year-old entrepreneur and politician, will become vice president in the new administration. Trump also stressed that the Republican Party will retain control of the House of Representatives and will probably gain a majority in the Senate.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.