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The currency market is expected to be the first major Asian market to be affected on Monday by the shooting at a rally for former US President and presidential candidate Donald Trump in Pennsylvania earlier this week

According to Bloomberg, there is a possibility of further volatility, and it may be particularly difficult to get a clear reading, as a national holiday in Japan will hinder liquidity

Bitcoin rose after the incident on Saturday, as betting markets boosted the chances of Trump’s election, so the dollar is likely to start trading positively, in a replay of the dynamics that unfolded after last month’s debate, which boosted the former president’s chances

The yen traded stronger at the end of last week after a clear intervention to support it, so the dollar’s ​​moves against it may be limited – especially since cash Treasuries will remain closed until London business hours tomorrow, Monday, which will dampen yield movements

In a related development, the yuan is expected to get a lot of attention because of Trump’s trade stance, as Simon Flint, a Bloomberg columnist, highlighted last month