The countdown to the US election has begun, with China and these markets becoming 'safe havens'.

Before the upcoming US election, which may influence global capital and trade flows, investors are selling the yen and turning to assets in cash, India, China markets, and the Singapore dollar.

In the final sprint before the official US election, the market seems to favor Trump: with his poll numbers rising, the "Trump trades" in financial markets, ranging from stocks to Bitcoin $Crypto (LIST20010.US)$ to the Mexican peso, are making a comeback.

Currently, financial markets have started selling US bonds and buying the dollar, anticipating that a Trump administration could exacerbate inflation. In Asia, selling the low-yielding yen is the preferred choice, as the yen-to-dollar exchange rate is at historic lows.
The US election results could bring about some volatility in global stock markets, especially in the case of Trump's reelection $Donald Trump (LIST22962.US)$ , which might intensify market uncertainty and volatility.

Remember the path we must chose!