Bitcoin jumps >$60k as Trump shooting boosts Trump election odds.
Cryptos are the only assets trading 24/7. This could indicate a positive market reaction tomorrow. Source: Bloomberg, HolgerZ
Trump's strength in such a tough moment makes the contrast to Biden even larger...
This assassination attempt (the 1st of its kind in 43 years) took place 4 months before the Presidential election and days before Trump is to be officially named the Republican nominee at his party's convention. It is most likely a boost to his election - just watch the odds on PredictIt on the right. Worldwide, the image of a bloodied 78 years old man raising fist just a minute after the shooting is very powerful. But it also highlights how split America is.
Biden betting odds (blue line) fall after US President calls Ukraine’s Zelensky ‘President Putin’ in latest brutal gaffe, but corrects himself.
Trump odds (in red) now stand at 59% while Harris odds (in green) increased to 27% Source: Bloomberg, HolgerZ, FT
🚨 JUST IN: A bipartisan group of Senators announce proposal that would prevent lawmakers from buying stocks and prevent spouses and dependent children from trading stocks beginning in March 2027.
Source: Barchart
The East-West divide: some evidences of the Saudi/Russia/China emancipation vs. the West
Source: Bloomberg
Looks like Biden keeps the lead on Democrats nomination and this means a high probability of Trump winning Presidential election
Source: HolgerZ, Bloomberg
Rare image of the constitution of the new Government in France
Source: RadioLondres
Macron’s Rise and Fall in one chart: at first, he kicked out opposition coming from the traditional right and left parties.
Fast forward to 2024 and the parliament is in gridlock with Macron's Renaissance being stuck between left and far-right. French assets could feel more pressure in the near-term -- even in the case of a hung parliament -- after the Nouveau Front Populaire came out on top in a second round of parliamentary elections. Its fiscal expansion and anti-business program could push the French-German yield spread back toward 80-85 basis points and weigh on all companies with a large exposure to hashtag#France. Source: Bloomberg
