Markets Optimistic As Trump Returns To The White House

During Trumps speech, stock futures traded higher, with contracts on the Standard Poors 500 index, the Nasdaq 100 index and the Dow Jones Industrial Average trading up between 0.4 and 0.5.

The dollar weakened ahead of the inauguration , as the Trump administration signaled that new tariffs would not be imposed on the new presidents first day in office.

Although we suspect that a fair degree of volatility will persist for a while yet, we ultimately expect his first year in office to coincide with a further rally in the US dollar and US equities, said James Reilly, senior markets economist at Capital Economics.

Trump enters office with an ambitious agenda spanning trade reform, immigration crackdowns, tax cuts and loosening cryptocurrency regulation.

Investment managers are adjusting portfolios across asset classes, watching his inaugural address for signals that could trigger near-term market moves.