The US dollar and Treasuries are likely to see a knee-jerk bid higher after Joe Biden dropped his re-election bid.

Investors will see this development as bringing a fresh level of uncertainty about the final outcome of the US elections. 

Shane Solly from Harbour Asset Management says this is definitely a spanner in the works.

LISTEN ABOVE

The US dollar and Treasuries are likely to see a knee-jerk bid higher after Joe Biden dropped his re-election bid.
Investors will see this development as bringing a fresh level of uncertainty about the final outcome of the US elections. 
Shane Solly from Harbour Asset Management says this is definitely a spanner in the works.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Advertisement