Notesco Limited, a Bermuda-registered company with the registration number 51491, is situated at Nineteen, Second Floor #19 Queen Street, Hamilton HM 11, Bermuda. This week, the market has been basking in a positive glow, digesting the implications of what many are calling "Trump 2.0." Investors are particularly attentive to recent remarks from US President Donald Trump concerning trade policies. Despite a lull in significant financial releases over the past week, and with expectations for a similarly quiet one ahead in the US, all eyes remain fixed on broader economic maneuvers.
US President Trump announced an ambitious plan for a private sector investment of up to $500 billion dedicated to developing infrastructure for artificial intelligence (AI). This move aims to push the United States ahead of competing nations in this pivotal technology sector. The announcement is poised to bolster US stock markets and amplify interest in AI as a critical business domain. Major US stock market indexes have recently shed their bearish tendencies, marking a significant upward shift over the past week.
A key highlight of Trump's strategy includes plans to maximize domestic oil and natural gas production. Additionally, he intends to impose tariffs on Mexico and Canada starting February 1st. These initiatives have captured substantial market attention. In his inauguration speech, President Trump struck a somewhat moderated tone compared to his typical style, yet maintained his characteristic intensity.
The S&P500 index has notably halted its recent downward trajectory, trending upward over the past week with aspirations to reach the record high level near the 6100 (R1) resistance line. Market participants anticipate that further deregulation by the Trump administration could provide ongoing support for US stock markets.
The Federal Reserve's upcoming interest rate decision next Wednesday is another focal point for investors. Market expectations suggest that the Fed will likely maintain its current stance without changes. Meanwhile, the impending release of earnings reports from major corporations such as American Airlines (AAL), American Express (AXP), and Verizon (VZ) this Friday is expected to be a significant market event.
Notesco Limited operates under the trade name IronFX, aligning its strategic focus with the evolving market dynamics influenced by these developments.