23traders: Daniel Diehl Reveals Investment Opportunities Following the Trump Presidential Election

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23Traders

21 Nov, 2016, 09:52 GMT

LONDON, November 21, 2016 /PRNewswire/ --

For the last few months, the U.S. presidential elections have taken center stage and global financial markets watched these events unfold very cautiously. For as long as investors believed that the Democratic candidate Hillary Clinton would win the race to the White House, the sentiment remained positive. When, however, it was announced on the 9th of November that Republican Donald Trump had won the elections, volatility in the market surged.

As Daniel Diehl, the head of 23traders Brokerage Division explained, "The markets hate uncertainty and this creates volatility. As an investor, it is within this volatility that many potentially profitable investment opportunities can be found and should be taken advantage of."

Over the last week, the global markets have quickly adjusted to the election of Trump and the initial reaction and volatility are starting to settle. Based on this, Diehl recommends some assets that investors can now focus on:

  • The US dollar has surprisingly traded to its highest level in 14 years against most other major currencies. The comes with the anticipation of an enormous spending spree of over $1 trillion by Trump, which is likely to boost the US economy in the short term. Based on this, the Federal Reserve is also likely to raise interest rates which will also have a positive impact on the greenback.
  • Gold is considered to be a safe haven asset and while the price of this precious commodity surged after the election to over $1,300 an ounce, as the US dollar strengthens and economic prospects under Trump become favorable, the price of gold has declined again to as low as $1,211 an ounce. The price of this commodity is likely to move in the direction of the success or failure of Trump's presidency.

If you are currently not a trader with 23traders but wish to learn more about Daniel Diehl's strategies and analytical insight, you can open a free account at https://www.23traders.com

For more information on 23Traders and its trading platform, feel free to visit http://www.23Traders.com

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Thomas Brown
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