Election coverage and the resulting volatility dominated financial markets last week, sending risk assets higher while haven assets slumped. The Dow Jones Industrial Average closed at a brand new record high in reaction to Trump’s proposed fiscal stimulus measures. A combination of tax breaks and infrastructure spending saw renewed confidence in the US outlook. Federal Funds futures, which track the probability of a Federal Reserve rate hike, have risen to 81.10% as of Friday trade for the December meeting. In response, gold prices fell to the lowest level since May as the US dollar index, which tracks the US currency against a basket of major peers, rose to the highest level since January. Aside from United States, China released its latest trade data which confirmed an enduring contraction in exports. Even though both exports and imports are gradually recovering, both remain in negative territory. In a positive sign, both consumer and producer price inflation is picking up. Furthermore, the offshore Yuan trading at its lowest levels on record will help improve the figures down the road. Finally, in a widely anticipated move, the Reserve Bank of New Zealand reduced interested rates to 1.75% in a bid to help move the need on inflation.