cover of episode Trump Takes Swing State Lead, Harris Path Narrows, Dollar & Bitcoin Soar

Trump Takes Swing State Lead, Harris Path Narrows, Dollar & Bitcoin Soar

2024/11/6
logo of podcast Bloomberg Daybreak: Europe Edition

Bloomberg Daybreak: Europe Edition

Shownotes Transcript

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Republican nominee Donald Trump inched closer to capturing the White House, projected as the winner in two battleground states with his party set to control the Senate and markets swinging in expectation of his possible victory.(2) Trump won both North Carolina and Georgia, flipping the latter from four years ago. He holds a more tentative advantage across Wisconsin, Michigan, Pennsylvania and Arizona, where vote counting continues.(3) Republicans are set to control the Senate, flipping seats in Ohio and West Virginia, and markets are responding to the initial results favoring Trump.(4) A slew of trades around the world tied to Donald Trump's rising presidential prospects notched decisive moves, with stock futures extending gains, Treasury yields jumping and the dollar up the most since February 2023.(5) Bitcoin jumped to a record high, part of a wave of trades across global markets in response to Republican nominee Donald Trump's lead over Democratic rival Kamala Harris in the US presidential election. 

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