Trump's Win Spurs Asian Market Rebound

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China's exports surged by 13 percent in October, the fastest pace in over two years, despite looming tariff threats.

Asian and European markets surged Thursday as investors weighed Donald Trump's White House return.The Republican secured the presidency this week with 50.9 percent of the popular vote and counting.Driven by expectations of renewed trade, corporate tax cuts, and deregulation, many markets are preparing for both growth potential and economic disruption.

'People want the government to spend some money to boost the economy, instead of looking outward,' said Francis Lun, CEO of Geo Securities.Wall Street Calm in the Face of VolatilityElsewhere, Japan's Nikkei 225 fell slightly by 0.3 percent to 39,381.41.South Korea's Kospi finished nearly flat, at 2,564.63—both indicate a more cautious approach until Trump's abrupt and often volatile intentions come to light.Domestically, multiple markets have responded with less apprehension.

 

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