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What Are The Possible Effects Of Trump's Covid Diagnose?

Donald Trump's covid diagnose shook the markets. What Are The Possible Effects Of Trump's Covid Diagnose?

What Are The Possible Effects Of Trump's Covid Diagnose?
Yazar: Elif Dinçer

Yayınlanma: 2 Ekim 2020 15:40

Güncellenme: 7 Kasım 2024 10:06

What Are The Possible Effects Of Trump's Covid Diagnose? US President Donald Trump's diagnose of the coronavirus fell like a bomb on the world agenda what are the possible effects? The news that the president and his wife were quarantined caused a shock in the markets. Experts on the subject told their evaluations to Bloomberg HT. Here are the details. US President Donald Trump announced on his social media account that the coronavirus test of himself and his wife Melania Trump was positive. Trump, in his post on Twitter, stated that they will start the "quarantine and treatment process immediately". The news that Trump caught the coronavirus shortly before the presidential elections to be held on November 3 shocked the election results and the markets. Making an assessment on the subject, Kültür University Faculty Member Prof. Dr. Hasan Köni said that if Donald Trump's health condition deteriorates, Vice President Mike Pence may step in and this situation will benefit Joe Biden. Also, Köni said, "There are some states, for example, in Georgia Trump was plus 1 point ahead and Florida was very important. Trump will not be able to visit these places now. He may have a rapid decline because he cannot make visits. If he cannot stand up, America will use all of its power to heal. Instead, probably Mike Pence will enter the system. Reactions also begin to emerge in the USA. Democrats said, "He did not pay attention to the corona virüs.   Stating that these news will not affect the election, Köni stated that if Trump's situation worsens, Mike Pence will be put forward. Köni said, "This means they lose. Because the system was standing by Trump's approach to the whites. If the election was in danger, the Pentagon will step in, stating " The president is sick, he cannot move, there is a national security problem, "the system will be somehow taken away. "If the election is held, Biden gets the election. Fox News supports Trump, if somehow they get Trump to talk. If he is unable to speak, Pence will step in. Democrats will take the election.   The Performance of the US Dollar and Gold Will Not Be Affected Commenting on the impact of US President Donald Trump's coronavirus on the markets, Qanda Asia Pacific Senior Market Analyst Jeffrey Halley said, "The reaction in the markets will continue. We can say that the value of the US dollar has increased. We can see that the value of gold has increased. We can see that the US Treasury bond rates are also going down. In general, everyone will take a position against the risk. If Trump recovers quickly, the opinions of his auditions may change. Then most of his voters may shift to Republicans. Of course there is great uncertainty in the markets. I, don’t think the US dollar and gold will perform bad ". I expect gold to perform in emerging markets." In addition, Halley added, "The markets have already priced Biden's victory. Because he is a person who can change the scenario a bit. I do not think Trump's victory will be welcomed in the markets."
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