(Bloomberg) — Asian stocks were mixed as the US dollar rose after the attempted assassination of Donald Trump reinforced bets that his chances of winning the presidential election have increased.
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A Bloomberg gauge of the greenback’s strength against major peers climbed 0.2% in Asia while S&P 500 contracts were little changed. US Treasury futures fell, indicating yields will rise when cash trading begins in London. Cash trading of US bonds is closed in Asia due to a holiday in Japan.
Australian and South Korean shares rose while Hong Kong futures indicated an early loss when markets open. Australian bond yields edged lower. Bitcoin topped $60,000 in the wake of the attack.
“Not reacting may prove to be the smartest thing you can do,” said Oliver Pursche at Wealthspire Advisors. “Markets will find their equilibrium and get back to the things that matter…
