Forex news for NY trading on January 11, 2017
In other markets at the end of the day:
– US stocks close higher: S&P index +0.28%. NASDAQ composite index +0.21%. Dow Jones industrial average +0.5%
He walked into the room late and stood on the side. A speaker spoke about how corrupt the press was – to the press – and then introduced the Vice President. He introduced the President-elect and there was some applause (I assume from staffers. I have never heard applause at a press conference, nor an introduction. They normally just walk in). It felt like a campaign rally. That was just the beginning. In his opening remarks he blasted the pharma industry (down goes the stock market). He could not help but talk about Hillary. He DID not talk about infrastructure spending or repealing regulation. His legal counsel talked about what the President elect would do with his businesses and investments. There was talk of Russia and Putin. He also had a shouting match with a CNN reporter who pleaded to ask a question. Trump pointed at him and said "You are fake news" and flatly refused. The King was in his court and he was in charge. The presser was like no other.