Global markets boost 'Trump trade' after rally attack, with dollar and Bitcoin rising

From Yahoo Finance: 2024-07-14 16:00:00

After an attempted assassination, world financial markets anticipate the Trump trade gaining more momentum as Trump supporters rally behind him despite the incident. The dollar and Bitcoin rise in response, reflecting confidence in Trump’s favor. The specter of political violence may lead investors towards safe-haven assets, overshadowing the positioning amidst the presidential campaign. Equity investors are bracing for increased volatility, particularly in sectors like banks, healthcare, and oil industry. Bond traders are watching for fluctuations, with Trump’s potential re-election influencing interest rates and Fed policy decisions. The market remains on edge as investors navigate the impact on stock-market trajectory and long-term implications.



Read more at Yahoo Finance: Global Markets Ramp Up the ‘Trump Trade’ After Rally Attack