More volatility, uncertainty for markets in H2 as chances of Trump presidency increase: analysts
They note that return of former US president could have an impact on trade tariffs, Treasury yields and gold market
Add BT as a preferred source
WITH the chances of a Trump presidency seeming increasingly likely, market watchers warn of greater volatility and uncertainty in global markets ahead of the United States elections later this year.
And while the Singapore stock market has performed relatively well in the first half of this year, protectionist policies adopted by a potential Trump administration could affect its performance going forward, say analysts.
With the US elections looming in November this year, political observers are placing their bets on former president Donald Trump to beat incumbent President Joe Biden at the polls.
TRENDING NOW
Johor property old hand KSL readies family handover amid market boom
Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing
Sats may reward shareholders with special dividend if there’s spare cash
Property group Lee Kim Tah reaches settlement with ex-director in ongoing misconduct probe
