The Global annual trade volume has exceeded 3 trillion dollars, and merger bankers believe that the year after Trump's inauguration will be even better.

M&A bankers are re-establishing their footing in 2024, currently watching whether Donald Trump's second term will drive or hinder the nascent recovery. According to data compiled by Bloomberg, global Trade volume has grown by 16% this year to $3.1 trillion as central banks begin to cut interest rates. Lower borrowing costs and strong stock market performance have given some companies the confidence and capital to engage in Trade, while Others have been streamlining their Business through asset sales and spin-offs, taking advantage of a more normalized environment after the COVID-19 pandemic. In recent weeks, there have been multiple billion-dollar M&A deals emerging in sectors like advertising, construction materials, and Banks, while private equity firms...

Global Market Broadcast12:27 ET

The Canadian dollar has fallen to its lowest point against the US dollar since the pandemic due to the dual impact of economic and political risks.

The Canadian dollar fell to its lowest level since March 2020, following a political crisis in the Trudeau government after the sudden resignation of the finance minister. The Canadian dollar continued its recent decline against the US dollar, dropping another 0.4% on Tuesday, breaking through the level of 1 US dollar to 1.43 Canadian dollars, reaching the lowest point since the outbreak of the pandemic. Due to poor economic performance, the government has also been unable to present a plan to address the threat of Trump's tariffs, which has led to a continuous weakening of the Canadian dollar. Barclays Forex strategist Skylar Montgomery Koning stated, "We believe the Canadian dollar will remain under pressure." Deutsche Bank strategist Michael Puempel mentioned this on the...

Global Market Report11:24 ET

Sector Update: Financial Stocks Decline Premarket Tuesday

MT NewswiresDec 17 09:15 ET

Sector Update: Financial

MT NewswiresDec 17 08:55 ET

Barclays Loses Appeal in UK Court Over Unfair Car Loan Practices

MT NewswiresDec 17 08:01 ET

Barclays Reportedly Loses Appeal to UK Motor Finance Ruling

MT NewswiresDec 17 07:56 ET