Fiscal stimulus in China, the world’s biggest importer, was heavily focused on as traders processed the effects of the president and oil prices rose in Asian trade on Thursday.
2024 U.S. Following the election victory, which sent the dollar to a four-month high and put pressure on oil markets, In a recent note, the U.S. The win could lead Beijing to implement even more fiscal stimulus, as the president has promised to impose more trade duties on the country.
U.S. It is expected that the President’s expansionary policies will be favorable to economic growth. On Thursday, the Federal Reserve meeting is also expected to end, and the central bank is generally expected to cut interest rates by 25 basis points.
