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Good morning. Bitcoin falls with the dollar as Harris and Trump debate. The yen rises on a hawkish signal. And investors shift focus to UK growth data followed by US inflation later. Here’s what people are talking about.
Investors have a lot to digest to gauge implications on asset prices after Vice President Kamala Harris and former President Donald Trump sparred through their first debate. The match-up ranged from their plans for the economy to US-China relations and immigration. As the debate closed, the odds for victory for Harris climbed on PredictIt. Bitcoin slumped before paring some of the drop, while US equity futures and a dollar gauge edged down and Treasuries were steady. By the way, Taylor Swift announced her endorsement of Kamala Harris on Tuesday night, minutes after the Democratic presidential nominee wrapped up the debate.