View more search results. Donald Trump has been elected as the next president of the United States. What does this mean for the markets? Take a position with IG. Donald Trump has been elected president of the United States, and the Republican party has regained control of the House of Representatives and the Senate. Of course, this will just be the beginning, as Trump begins to enact his policies and global traders unpick what they mean for the markets at large.
Had Trump secured the presidency but faced a Democratic majority in either the House or the Senate, he would have been hamstrung by an unsympathetic audience. Like Obama before him, he would likely have struggled to pass his more sedate policies, let alone his dramatic ones.
This, alongside the anticipated Clinton presidency, suggested a smoother future for Democratic policy. But the predictions were wrong. Donald Trump secured the presidency, and the Republicans regained control of the House and the Senate — even picking up a few seats along the way. Of course, some of those policies may struggle to see the light of day regardless of congressional affiliation, simply due to budgetary restrictions.
Likewise, motions that contravene Republican convention are unlikely to pass, as the GOP tries to maintain the tenets that have been upset by their nominee over the past few months. But certain areas which have never been popular among Republicans — Obamacare, funding for certain departments and initiatives — could well face swift dismantling.
For traders, this means major changes to US economic infrastructure and the uncertainty that comes with it. The Fed, too, is likely to have to react as a clean Republican sweep makes its mark, meaning closer attention than ever will be paid to future rate announcements and policy adjustments.
But even the possibility of a more amenable political landscape may be enough to see major indices and the dollar suffer. Having built a campaign upon incendiary promises, few expected Trump to gain the nomination of the GOP, let alone reach the Oval Office.
In reality, the Republican National Convention came to highlight just how vocal his support had become. His first debate, in which he focused more on mudslinging than policy, was widely seen to prove how far behind his rival he was. Faring only marginally better in the subsequent debates, the leaked Access Hollywood tape would seem to create a polling deficit too significant to bridge.
Trump will be keen to gain traction on major fiscal changes as soon as he gets into office, including reduced Wall Street regulation, simplified tax brackets and scaled-down corporate duties. Prices are indicative only. Take a position on the impact of the US election with key FX pairs from 0. Learn more about other key financial events in Spread bets and CFDs are leveraged products and can result in losses that exceed deposits. Please ensure you fully understand the risks and take care to manage your exposure.
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The result Donald Trump has been elected president of the United States, and the Republican party has regained control of the House of Representatives and the Senate. A closer look at Congress. Almost as crucial as who won the presidency itself was who would take Congress. How we got here. The new president and his policies Trump will be keen to gain traction on major fiscal changes as soon as he gets into office, including reduced Wall Street regulation, simplified tax brackets and scaled-down corporate duties.
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