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US Election 2024 Trump

Markets React to Early US Election Results with Trump Gains

Markets swung a bit more decisively behind a Trump win in the midnight -1am period

It seems some good news around Georgia and Florida is the cause –

Georgia independents swung towards Trump – CNN exit poll. Florida is meanwhile going his way decisively.

Odds on Polymarket have risen from below 60% to north of 66% in the last 40mins or so

We have some clear moves on so-called Trump trades -

Bitcoin rallied about $2k to $71,400

DJT shares popped about 29% after-hours before paring gains a touch

10yr yields are back to 4.34%

USD is bid vs peers with big gains vs EM (MXN, CNH) and G10 peers

Now, over to the early reports from Pennsylvania as polls close


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