The United States was rocked by another political tragedy after Charlie Kirk, a conservative figure and close supporter of Donald Trump, was shot dead while attending an event at Utah Valley University. This incident immediately sparked national outrage, given that Kirk was known as an influential young figure in the conservative movement and a frequent mobilizer of Trump's voter base.
The shooting is feared to deepen political polarization in the US, with Republicans viewing it as an attack on free speech, while the issue of gun control has resurfaced. This political uncertainty has the potential to increase social risks ahead of the election, triggering unrest in financial markets sensitive to domestic stability.
From a financial perspective, this event has pushed the market into risk-off mode. Investors are likely to seek safe assets such as gold and US bonds, while stocks are potentially under pressure due to concerns about political instability. Gold (XAUUSD) has the potential to receive additional support after previously holding above $3,600 per ounce.
For currencies, the US dollar (USD) shows two possible directions:
Short-term: The USD could weaken as investors worry about domestic political stability.
Medium-term: It could actually strengthen as the dollar is considered a global safe haven asset when uncertainty increases.
Meanwhile, the impact on oil (Brent and WTI) is mixed. A weakening USD could push oil prices higher, but concerns about an economic slowdown due to political instability could potentially depress energy demand.
Overall, the shooting of Charlie Kirk is not only a political tragedy but also a new catalyst for global market dynamics. Investors are now awaiting the response of the US government and central bank to maintain stability, both politically and economically.
Source: Newsmaker.id
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