The failed assassination attempt on Donald Trump is likely to be on investors' minds this week.
Bitcoin surged on haven trade following the event, while the dollar also rose as the "Trump trade" returned.
AdvertisementThe failed assassination attempt on former President Donald Trump is expected to dominate markets this week as investors focus on the so-called "Trump trade."
Even before the weekend events, economists and analysts were already debating what a Trump presidency would mean for the markets.
"Judging by historical parallels, this event will galvanize the Trump vote, meaning the markets will gradually price in the so-called 'Trump trade,'" wrote Rodda.
Persons:
Donald Trump, Bitcoin, Trump, —, Kyle Rodda, TMTG, Hong, Rong
Organizations:
Trump, Service, Investors
Locations:
United States, Tokyo, Paris, Frankfurt