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Wednesday, 9 November 2016

Trump presidency: what next for markets?

Trump presidency: what next for markets?:

"Donald Trump’s shock victory in the US presidential race caught investors off guard and is expected to lead to a period of sustained market volatility. How did markets react and how will they respond in the coming days and weeks?

Currencies

Asian trading saw marked foreign exchange volatility as election results came through. While some of that may be down to thin markets, the moves were not surprising, given the extent to which the market had been pricing in a Clinton victory.

There was also a sense of preparedness on some trading floors, given the experience of Brexit, with a readiness to take stock of the implications of the result."



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