Haven rush, ‘Trump trades’ on investor minds after shooting

Traders will initially rush into haven assets and re-evaluate trades most linked to former US President Donald Trump’s candidacy after he was shot at a rally, according to market watchers.

“Undoubtedly, there’ll be some protectionist or haven flows in the Asia early morning,” said Nick Twidale, chief market analyst at ATFX Global Markets. “I’d suspect gold could test all-time highs, we will see the yen getting bought and the dollar, and flows into Treasuries too.”

Bloomberg