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Biden exit leaves markets asking what’s next for ‘Trump trade’

Investors are set to start the week scrambling to decide if President Joe Biden’s decision to end his re-election campaign and endorse Vice President Kamala Harris increases or decreases Donald Trump’s chances of regaining power.

The earliest opportunity for traders to respond comes as trading in currency markets picks up in Asia’s early Monday session.

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    Original URL: https://www.afr.com/world/north-america/biden-exit-leaves-markets-asking-what-s-next-for-trump-trade-20240722-p5jvek