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$Bitcoin(BTC.CC$ should rip higher now that Alamak Harris took over from Sleepy Joe...
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Columns The dollar and Asian stocks declined after Biden announced his withdrawal from the election (1)
The US dollar and Asian stock markets declined. Biden previously announced his withdrawal from the 2024 US presidential election and supported He Jinli to take over the fight.
Bloomberg US Dollar Spot Index $USD(USDindex.FX$The Mexican peso climbed as it fell 0.2% on Monday.
In the face of continuous pressure from within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November general election. The Japanese and South Korean stock markets opened lower, and the Australian stock market also weakened. Hong Kong stock index futures remained stable.
$Korea Composite Index(.KOSPI.KR$
$Nikkei 225(.N225.JP$
$S&P/ASX 200(.XJO.AU$
$Hang Seng Index(800000.HK$
The question facing investors is whether it is still necessary to stick to the Trump deal since Biden has given up his re-election campaign.
The market is likely to fluctuate greatly. Traders are waiting to see if He Jinli can be nominated by the party, and at the same time weigh whether she can gather enough momentum to challenge Trump's current leading position in the polls.
“People's subconscious reaction is that this is bad for the dollar, but it's still too early to draw conclusions,” said Olga Yangor, head of emerging market research and strategy at Crédit Agricole.
“This will largely depend on He Jinli's initial appearance, her choice of running partner, and swing state polls.”
On the commodities side, crude oil and gold prices rose in early trading.
Biden withdrew from the market...
Bloomberg US Dollar Spot Index $USD(USDindex.FX$The Mexican peso climbed as it fell 0.2% on Monday.
In the face of continuous pressure from within the Democratic Party, Biden had to give up his re-election campaign and withdraw from the November general election. The Japanese and South Korean stock markets opened lower, and the Australian stock market also weakened. Hong Kong stock index futures remained stable.
$Korea Composite Index(.KOSPI.KR$
$Nikkei 225(.N225.JP$
$S&P/ASX 200(.XJO.AU$
$Hang Seng Index(800000.HK$
The question facing investors is whether it is still necessary to stick to the Trump deal since Biden has given up his re-election campaign.
The market is likely to fluctuate greatly. Traders are waiting to see if He Jinli can be nominated by the party, and at the same time weigh whether she can gather enough momentum to challenge Trump's current leading position in the polls.
“People's subconscious reaction is that this is bad for the dollar, but it's still too early to draw conclusions,” said Olga Yangor, head of emerging market research and strategy at Crédit Agricole.
“This will largely depend on He Jinli's initial appearance, her choice of running partner, and swing state polls.”
On the commodities side, crude oil and gold prices rose in early trading.
Biden withdrew from the market...
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![The dollar and Asian stocks declined after Biden announced his withdrawal from the election (1)](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240722/1721619695527-b1c11370f2.jpeg/thumb?area=104&is_public=true)
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$CrowdStrike(CRWD.US$ I thought it was the leader. No matter how slow it was to solve it, the rest is to lose money slowly
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$NVIDIA(NVDA.US$BREAKING: Nvidia, $NVDA, working on a version of its new flagship AI chips for the China market that would be compatible with US exports controls Nvidia preparing version of new flaghip AI chip for China market, sources say
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$Super Micro Computer(SMCI.US$On the sixth day of continued decline, the NASDAQ entered 100 and fell faster and more, looking towards 730
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$Taiwan Semiconductor(TSM.US$ The more beautiful the results, the more reasons Trump has to draw taxes
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$Dell Technologies(DELL.US$ Mom is locked in by this junk stock, and the boss sells it every day, it's not at all comparable to Chaowei Computer
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$Super Micro Computer(SMCI.US$ sell more this rubbish stock ,next week will drop more
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$Super Micro Computer(SMCI.US$ what a nice stock from announce joining nsq 100 until now (only downside) another lesson lol
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$Taiwan Semiconductor(TSM.US$ Trump fixed the Taiwanese chip again and replaced the chip with BTC
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102514703 : Women, like the UK, only for a few days?