Global markets rally as US election results show Trump leading in key states

Global markets reacted positively to early US election results, with Donald Trump leading in key swing states. The US Dollar reached a record high against several currencies, including the Indian Rupee and the Yen. Bitcoin also hit a new peak, surpassing $75,000. Traders are optimistic about a potential Trump victory, anticipating tax cuts and less regulation. The S&P 500 and Nasdaq futures rose over one percent, while Asian markets showed mixed results. In Europe, stocks fell amid concerns about a possible trade war. The dollar index increased significantly, marking its largest daily rise since early 2023. The Euro declined against the Dollar, retreating from a recent high. The US Central Bank is expected to announce a policy decision soon, with analysts predicting a rate cut.