Asian shares fell on Tuesday as investors pondered the prospect of a Trump victory and what that would mean for China, while the dollar climbed for a second ...
TV camera men wait for the opening of market in front of a large screen showing stock prices at the Tokyo Stock Exchange in TokyoSYDNEY - Asian shares fell on Tuesday as investors pondered the prospect of a Trump victory and what that would mean for China , while the dollar climbed for a second day even though dovish Fed comments fuelled bets of more U.S. rate cuts this year.
The Shanghai Composite index fell 0.3%, while Hong Kong's Hang Seng index lost 1.4%, having already dropped 1.5% the day before soft economic data from China heightened the risk that Beijing could miss its 5% growth target this year, barring forceful stimulus. "I actually have bought dollars here. I think the U.S. dollar has probably bottomed for now," said Tony Sycamore, analyst at IG. "We've had the reaction out of the soft CPI data and the dovish Powell. And I think the risks to the dollar to the upside here."
Donald Trump arrives in Milwaukee enveloped in the glow of surviving an assassination attempt. He's also trailed by a litany of questions over his condition as he prepares on Monday to name his running mate, the person who would be a heartbeat away from the presidency should he prevail in November.Neither the Trump campaign nor the hospital where he was treated on Saturday in Butler, Pa., have released any information on the former president's treatment, diagnosis or condition.
The man who photographed a bloodied and defiant Trump says he 'knew it was a moment in American history that had to be documented'
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