MORNING BID ASIA - Trump Shooting Overshadows Markets

July 15, 2024, 05.08 AM
Source: ReutersEditor: Hasbi Maulana

MORNING BID ASIA - JAKARTA. July 15 (Reuters) - A dramatic escalation in U.S. political tension and violencelooms over world markets on Monday after the attempted assassination of former President Donald Trump on Saturday, with Asian assets the first to show what the impact - if any - will be on trading and investing.

If the shooting strengthens Trump's election hopes, analysts reckon so-called 'Trump-victory trades' could include a stronger dollar and a steeper U.S. Treasury yield curve. Bitcoin was up 4% at $60,000 early in Monday's global session.

Read Also: BREAKING NEWS: Multiple Shots Ring Out at Trump Rally, Trump Seen Injured

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