Donald Trump Assassination Attempt: Market and Political Reactions

Donald Trump was shot in the ear during a campaign rally in Pennsylvania. Analysts suggest this could bolster his support and affect financial markets. The incident raises concerns about increasing political violence in the U.S., potentially impacting the upcoming elections and market stability.

Donald Trump was shot in the ear during a campaign rally in Pennsylvania on Saturday in a suspected assassination attempt. Authorities are treating the incident as a grave threat to the candidate's safety.

The Trump campaign quickly reported that he was "doing well" and only suffered a minor injury to his upper right ear.

Geopolitical strategist Tina Fordham noted that the shooting complicates the already divided Democratic election outlook. Ian Bremmer highlighted the heightened political violence and social instability in the U.S. following the incident.

Khoon Goh from ANZ pointed out the rising probability of a Trump victory in betting markets, while Nick Twidale from ATFX Global predicted haven flows in financial markets. Rong Ren Goh expected bolstered support for Trump, influencing U.S. Treasury yields and the dollar.

Nicholas Ferres of Vantage Point Asset Management saw parallels with Reagan's poll surge post-attempt, speculating a potential landslide for Trump. Hemant Mishr forecast a reinforced Trump trade and a focus on high growth, high inflation sectors.

(With inputs from agencies.)