Haven rush, ‘Trump trades’ on investor minds after shooting

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Haven rush, ‘Trump trades’ on investor minds after shooting - Business Mirror

Quick Summary:

Investors will initially favor traditional haven assets and perhaps lean into trades most linked to former President Donald Trump’s chances of winning the White House after he survived an assassination attempt, according to market watchers.

Strategists had already expected a volatile run into the election, not least because Democrats are still agonizing over President Joe Biden’s candidacy after his poor debate performance last month raised questions about his age.

An attendee at the rally was shot and killed and two others were in a critical condition.“Currencies will be the first major market on Monday in Asia to react to the weekend’s shooting.