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A look at the day ahead in U.S. and global markets from Mike Dolan After a jarring Monday that spurred a wave of U.

S. election trades, world markets zeroed in Federal Reserve easing hopes, China's economic stumble and the unfolding earnings season. The appearance former President Donald Trump at the Republican party convention after Saturday's failed attempt on his life underscored speculation the attempted assassination now boosts his chance of re-election in November.



And for longer-term investors, Trump's pick of like-minded Ohio Senator J.D. Vance as his running mate also focuses minds on the political landscape through 2028.

"The decision is crucial because one-third of US presidents throughout American history have previously occupied the position of vice president," said UBS Global Wealth Management's Tom McLoughlin, adding this "effectively anoints" Trump's successor. With betting markets putting Trump's chances of a return to the White House at more than 70%, Monday's reaction sent the 2-to-30 year Treasury yield curve into positive territory for the first time since January, lifted Bitcoin and Trump-related stocks sharply, underlined a rotation to small cap stocks and knocked Mexico's peso. Some of those moves cooled a bit ahead of Tuesday's bell, Bitcoin slipped back under $63,000 and the 2-to-30 year yield curve ebbed into negative territory again as attention switches to mounting Fed easing hopes.

With last week's renewed disinflation hopes as a backdrop, Fed cha.

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