Emerging-Market Currencies Under Threat as Trump Odds Rise

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(Bloomberg) -- A potential return of Donald Trump as the next US president may bring bad news for emerging-market currencies, given the threat of his...

-- A potential return of Donald Trump as the next US president may bring bad news for emerging-market currencies, given the threat of his protectionist economic policies.BlackRock Says Gunman From Trump Rally Appeared in Firm’s AdThe South Korean won led the broader declines in Asia after the assassination attempt on Trump over the weekend boosted his odds of winning the presidency.

All those gains could be at risk with traders mindful of the dollar’s dominance during Trump’s years in office, when currencies like the Chinese yuan and the Mexican peso came under pressure after he unleashed higher tariffs.“Trump’s policies are likely more protectionist against other countries and may cause headwinds to exporters,” said Jeff Ng, head of Asia macro strategy at Sumitomo. “This is particularly significant for Asian exporting nations.

The FBI identified the shooter as a 20-year-old from Bethel Park, Pennsylvania. His employer says he passed a background check for his job. As Trump travels across the country holding rallies, the furthest Melania has ventured is to fundraisers hosted at her own homes. What happens if Trump wins — and then divorces his wife? asks Gustaf KilanderPoland is considering a Ukrainian proposal to intercept Russian rockets that are on course to hit cities in Ukraine or enter Polish territory, says its foreign minister.

 

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