News list for "political event"
For the one-time impact of non-US related political events, we need to be vigilant against excessive pessimism. The shutdown of the US government has left the bond market unclear and deviated from the short-term trend of the US index.
According to Binance Research, bitcoin has historically rallied after major geopolitical events, with an average return of 37% 60 days after an event since 2020.
Commenting on the sudden political events in South Korea, Gareth Leather, strategist at Capital Economics, said: "This is really unexpected, it's not clear what the purpose of martial law is. It's a reminder that the political system in South Korea is not as stable as many people think." While the domestic market has yet to react, the country's biggest stocks, such as Samsung Electronics, SK Hynix, LG Energy Solutions and Hyundai Motor and Kia, are sure to be watched in the coming days. Potentia...
