Even in his boldest plans, Donald Trump probably did not expect that with his presidency, both chambers of Congress would also come under Republican control. This means he can effectively push forward his reforms starting in January.
Notably, the future president plans to shake up the system by establishing a new department headed by Elon Musk. The goal of this agency will include restructuring and eliminating certain federal agencies.
Amid these developments, the G20 summit, scheduled for November 18-19 in Rio de Janeiro, risks fading into the background. However, such a prospect is unlikely to affect the US dollar negatively. Let us delve into the macroeconomic reports slated for release on Tuesday, November 19, and find out how they may affect the market.
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