(NEW YORK, 15th) As global financial markets reopen after the attempted assassination of former US President Trump, one thing seems extremely likely. That is, the so-called “Trump deal” will gain more momentum.
A series of bets based on the expectation that the Republican's return to the White House would cut taxes, raise tariffs, and relax regulations have actually been on the rise since President Joe Biden's poor performance in last month's debate put his re-election campaign in jeopardy.
These deals are now expected to be further cultivated in the market, as Trump's perseverance after being shot at a rally in Pennsylvania inspired supporters and won more sympathy.
Trump's bloodstained and stubborn punching image invigorates the Republican Party's basic estimates to boost his election
Bitcoin is rising
$Bitcoin (BTC.CC)$
At the beginning of the Asian trading session, the dollar began to rise against most of its rivals — it would benefit if loose fiscal policies kept bond yields high. Bitcoin surged above $0.06 million, possibly reflecting Trump's crypto-friendly stance.
Mark McCormick, global head of foreign exchange and emerging market strategy at TD Bank of Toronto, said, “For us, this news really reinforces the fact that Trump is the frontrunner, and we are still optimistic about the dollar's performance in the second half of the year and early 2025.”
The specter of US political violence may drive investors to safe-haven assets, thereby dwarfing some of the arrangements surrounding the presidential election over a period of time....

$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$
FOMC Press Conference is scheduled for June 12 at 2:30 PM ET /June 13 at 2:30 AM SGT/June 13 at 4:30 AM AEST. Subscribe to join the live NOW!
The FOMC is expected to leave interest rates at a 23-year high at their upcoming meeting, and their estimates of three rate cuts for 2024 may be revised to show fewer cuts, or potentially none at all. The reason for rate cuts will be more important than ti...

Morning mooers! It is Friday, June 7th, the market is lower after jobs data came in too high from the month of May.
My name is Kevin Travers, here are stories from the herd on Wall Street today.
Videogame retailer$GameStop fell 20% in early trading Friday after the firm reported a first-quarter loss of 12 cents a share on revenue of $881.8 million Friday morning. Investors are waiting for a livestream from Keith Gill, also known...

$Bitcoin (BTC.CC)$ dont worry, the moving averages will come up and punch it in the balls sending it to the moon soon 🤣

A quick update.
The markets are at a crossroads. I do not believe that this move is done. I have 18000 on NQ and 5000 on $E-mini S&P 500 Futures(MAR5) (ESmain.US)$ . I think the markets want to reach those numbers. There is a big pullback coming. It could happen before making a new high, BUT I DONT THINK SO. That's just my bias. This pullback could also be a rotation. A rotation back into defensive. Watch oil ( $Energy Select Sector SPDR Fund (XLE.US)$ ), Healthcare ( $The Health Care Select Sector SPDR® Fund (XLV.US)$ ), and Ut...