New Overnight Developments Abroad - Daily Update
Failed Assassination Fallout, Soft Chinese Data, and Awaited Comments from Fed Chairman Powell
July 15, 2024
Expectations that Donald Trump will win November’s election got a large additional boost from Saturday’s unsuccessful assassination attempt. The immediate repercussions in world financial markets include A 3.0% jump in the crypto currencies and a modest 0.1% strengthening of the dollar from safe haven-seeking capital flows. A steepening of the U.S. yield curve, reflecting the […] More