look news india
Market Outlook: Former US President Donald Trump was attacked during an election rally in Butler, Pennsylvania. However, he survived the attack. The bullet hit the upper part of his right ear.
Meanwhile, the impact of this incident can be seen on stock markets around the world. After this incident, the sentiment of the stock market may be adversely affected, although gold, US dollar and US Treasury may turn towards safe investment instruments. According to experts, after this incident, the possibility of Donald Trump winning the general election in America has increased. And for this, stocks and asset classes associated with the Republican candidate may see improvement. However, the impact of this incident on the stock market will be temporary.
This incident in America can once again lead to a bullish trend in gold and gold investors can show a buying trend. Along with this, there is also a possibility that this incident can push gold prices to new heights. Apart from this, investments can also come in Yen and Treasury bonds.
Other assets that will be affected if Trump is re-elected include the dollar, treasury, credit card companies and health insurance company shares. Apart from this, bond yields will increase and this will create a good situation for the related equity sector.