Investors in Asia see Biden withdrawal as benefiting 'Trump trade'

Quick Summary:

Global investors see the Republican’s policies on tariffs, immigration and deficits leading to a stronger dollar, higher bond yields and a more favorable environment for US equity sectors like bank, health and energy.

Former President Donald Trump’s poll numbers are rising even as Biden’s grasp on the Democratic presidential nomination.

Former President Donald Trump’s poll numbers are rising even as Biden’s grasp on the Democratic presidential nomination appears to be slipping.

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Article Details

Category: BusinessFinance

Markets: IndiaChinaJapanSingaporeTaiwan

Topics: US Presidential elections Joe Biden Asian investors Trade US elections Donald Trump Trump trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 14:55:50 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 708 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21683116

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 259 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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