Wall Street works all night for the US election and asks Asia for support, anti-riot and "Trump trade" positions change dramatically

According to Cailian Press, the outcome of the US election, which is enough to greatly affect the direction of policy, is unpredictable, and Wall Street is on high alert. Trading desks will be on duty all night, and teams in Hong Kong and Singapore will also be arranged to help. The "Trump trade" of long US dollars and short bonds may increase positions or close positions quickly. The measures taken by some institutions for this election are unprecedented. A London-based hedge fund has prepared a "world-shocking" computer model specifically for this moment. Some banks are preparing for the risk of social unrest, no matter how far-fetched such a risk is, if it comes true, it will shake the US, the world and global financial markets. JPMorgan Chase plans to increase staffing in Europe and Asia to cope with overnight trading and volatility; Goldman Sachs expects hundreds of sales and trading teams to work late into the night in New York, and more people are ready to go online from home. American employees across the industry are preparing to work all night. As Harris and Trump make the final sprint to canvass voters, American society is polarized and the election is so stalemate that the financial industry is sandboxing possible impacts. At present, the market believes that Trump will win. Stocks rose, as did the dollar and cryptocurrencies. Bond yields climbed. If Harris ultimately wins, the "Trump trade" could be quickly reversed, causing big market moves overnight.