- US dollar launched new week's trading higher in response to weekend events in the United States
- There was an assassination attempt on Donald Trump's life during a campaign rally in Pennsylvania. A shooter fired multiple shots at former US president and rally crowd
- Former US President and Republican presidential candidate for this year's elections sustained minor injuries to his ear and was rushed off the stage by US Secret Service. However, 1 rally attendant was killed, and 2 others are in critical condition. Shooter was killed on the scene by US Secret Service
- Trump has been released from the hospital quickly and said he will continue his presidential campaign
- The assassination attempt has been condemned by leaders from countries all around the world. The event raised risk of even deeper polarization of the US public and a more violent final months of the campaign
- Political commentators expect assassination attempt to boost support for Donald Trump, and may cement his victory in November elections
- Indices from Asia-Pacific traded mostly higher today - S&P/ASX 200 gained 0.6%, Kospi moved 0.1% higher and Nifty 50 added 0.3%. Indices from China traded mixed. Japanese markets were closed for holiday
- European index futures point to a lower opening of the cash session on the Old Continent today
- BoE's Dhingra said that demand is too soft for an inflation to rise sharply. Dhingra said that now is the time to start normalizing rates
- Chinese Q2 GDP growth reached 0.7% QoQ, much lower than 1.1% QoQ expected and 1.6% QoQ reported in Q1 2024. On a year-over-year basis, growth reached 4.7% YoY (exp. 5.1% YoY)
- Chinese industrial production was 5.3% YoY higher in June (exp. 5.0% YoY), retail sales increased 2.0% YoY (exp. 3.5% YoY), while urban investments were 3.9% YoY higher (exp. 4.0% YoY)
- People's Bank of China left 1-year medium-term liquidity facility rate unchanged at 2.5%, in-line with market expectations
- Cryptocurrencies gain on increased prospects of Trump presidency, who is seen as more crypto-friendly than Biden. Bitcoin and Ethereum trade 2.3% higher
- Energy commodities trade mixed - oil trades 0.2% higher, while US natural gas prices drop over 2%
- Precious metals trade mixed - gold trades flat, silver gains 0.6%, while platinum and palladium drop 0.3% each
- JPY and AUD are the best performing major currencies, while NZD and CAD lag the most
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