Trump trade seen to continue dictating market moves

Quick Summary:

THE yen and Asian bonds are among the assets that are likely to continue to be impacted by the outcome of the US election as Donald Trump closes in on the presidency, according to analysts.

The Bloomberg Dollar Spot Index gained over 1 percent, while a gauge of Asian currencies fell 0.8 percent, with the Japanese yen and South Korean won dropping by more than 1 percent.

Further along the curve, greater risk/term premia are likely needed amid the US’s continued withdrawal from global affairs, given the potential impacts on the movement and cost of goods and energy.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: BusinessMirror

Category: BusinessStartups

Markets: PhilippinesAustraliaChinaHong KongIndiaIndonesiaJapanSouth KoreaSingaporeSwitzerlandTaiwanVietnam

Topics: Likely Bonds Chief Currencies Trump Yields Asian Markets Global Asia Percent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 11:31:49 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 634 words

Reading Time: 4 minutes read

Sentences: 16 lines

Sentence Length: 40 words per sentence (average)

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

Copyright Owner: © Business Mirror

News ID: 23446689

View Article Analysis

About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 35 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 8 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions