European share markets continued to stabilize today after Asian stocks rebounded from Wednesday\u2019s sharp sell-off in the immediate aftermath of Donald Trump\u2019s US election victory.<\/p>\n
Hopes that Mr. Trump will introduce a pro-business agenda to stimulate US economic growth helped to blunt concerns about his surprise win.<\/p>\n
In London, Paris and Frankfurt, the main stock markets were reported to have open 1% up.<\/p>\n
Some observers have pointed out that it appears a consensus was building that much of Mr. Trump\u2019s rhetoric during the campaign was a sales pitch rather than a commitment to act.<\/p>\n
Earlier, gold prices went up after the announcement of Trump\u2019s election, and development has been viewed as a positive phenomenon that could benefit gold producing country like Ghana.<\/p>\n
Meanwhile, thousands of people have hit the streets in different cities in the U.S protesting against Trump\u2019s election as president.<\/p>\n
A BBC report stated that in London, the FTSE 100 index, which closed 1% up on Wednesday, advanced a further 1% in the first hour of trading on Thursday. Germany\u2019s Dax and France\u2019s Cac indexes were both 1.2% ahead.<\/p>\n
\u201cIn Asia, following gains on Wall Street, the Nikkei\u2019s 6.7% rise saw it more than recover losses from the previous session. Hong Kong\u2019s Hang Seng added 1.9%,\u201d the report said.<\/p>\n
On the currency markets, sterling rose 0.39% against the dollar to $1.2455, and was slightly up against the euro at \u20ac1.1368.<\/p>\n
\u2013<\/p>\n
By: Lawrence Segbefia\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
European share markets continued to stabilize today after Asian stocks rebounded from Wednesday\u2019s sharp sell-off in the immediate aftermath of Donald Trump\u2019s US election victory. Hopes that Mr. Trump will introduce a pro-business agenda to stimulate US economic growth helped to blunt concerns about his surprise win. In London, Paris and Frankfurt, the main stock […]<\/p>\n","protected":false},"author":14,"featured_media":237265,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[121,32],"tags":[],"class_list":["post-267095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-and-finance","category-business"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/267095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=267095"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/267095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/237265"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=267095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=267095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=267095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}