Translated
1
All in everyday
voted
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...
Translated
![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)
11
2
All in everyday
commented on
$HSI Futures(JUL4)(HSImain.HK$ Biden dropout makes China happy to cut interest rate. 🤣
2
2
All in everyday
commented on
$HSI Futures(JUL4)(HSImain.HK$ Wow, V was able to come up today. Looks like this is a hopeless bullet.
Translated
2
All in everyday
commented on
$Direxion Daily Semiconductor Bear 3x Shares ETF(SOXS.US$ Wolf King is finally able to lift his chest
Translated
6
1
All in everyday
commented on
$Intel(INTC.US$ Let's just leave and see. After all, the company's basic market isn't as stable as Nvidia Broadcom. Entirely institutions operate with funds
Translated
1
1
All in everyday
commented on
$Direxion Daily Semiconductor Bear 3x Shares ETF(SOXS.US$ $Coinbase(COIN.US$ Before every purchase of soxs fell for less than half a day, I got the shadow of a glass bow, now I dare not buy it, it has been rising for almost a week.
Translated
5
2
All in everyday
commented on
$Direxion Daily Semiconductor Bear 3x Shares ETF(SOXS.US$ On top of you, as soon as I buy you, I fall, I don't buy you right now.
Translated
3
5