LIVE UPDATES
The dollar saw a broad increase on Monday; while cryptocurrencies experienced a jump in value as the likelihood of Donald Trump winning the upcoming US elections gained traction following an assassination attempt on the former President.
Trump, 78, was targeted during a campaign rally in Pennsylvania, sustaining injuries to his right ear. This incident led to a surge in support for Trump, boosting the dollar, US Treasury yields, and cryptocurrencies.
The odds of a Trump victory in November have increased, leading to a rise in sympathy votes and a positive outlook for the US dollar.
PredictIT, an online betting site, now places the odds of a Republican win at 66 cents, compared to the Democrats' 38 cents.
This suggests that Republicans are twice as likely to win the election. In currency markets, the euro and sterling fell against the dollar, while the greenback rose against the Norwegian and Swedish crowns.
The potential for a "Trump 2.0" administration has led to expectations of higher long-term US bond yields, driven by the anticipation of increased government debt and inflation under Trump's policies.
Additionally, cryptocurrency prices surged, with bitcoin and ether both experiencing significant gains.
