Bitcoin, which also traded over the weekend, rose above $60,000 by Sunday, reflecting Trump's pro-crypto stance, Bloomberg reported. World Economy Stabbed.
According to the analysis, other assets positively correlated with the so-called Trump deal could be among the winners:
Such as stocks of energy companies, private prisons, credit card companies, and health insurance companies.
Traders will also be watching the tariff-sensitive Chinese yuan and Mexican peso, which have already started pricing in the US election, Garfield Reynolds, head of Asia at Markets Live, said.
Asian currency markets may react first to the weekend onslaught, and while there is potential for further volatility, the Japanese national holiday could interfere with the picture.
Donald Trump was shot and killed by a 20-year-old man during a campaign rally in Butler, Pennsylvania. The assassin fired multiple shots at the former president, who suffered only minor injuries. Another person was killed in the attack and two others were seriously wounded. The FBI is treating the case as an attempted assassination of Trump. Authorities killed the assailant on the spot.
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