Traders Brace for a Jolt With Trump’s Health, Stimulus in Focus

(Bloomberg) — Markets face the prospect of additional turmoil this week after Donald Trump’s hospitalization for coronavirus late Friday raised concerns over the U.S. president’s health and further roiled a Washington political landscape already riven by battles over fiscal stimulus and the Supreme Court.Foreign-exchange traders in the Asia-Pacific region will be the first to react Monday, with attention focused on the prospect of renewed gains by havens such as the Japanese yen and additional declines in riskier currencies like the Australian dollar.Market volatility jumped Friday as financial markets initially reacted to news of Trump’s diagnosis in a risk-averse manner. U.S. …read more

Source:: Yahoo Finance

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