Share markets were whipsawed, while bonds and the dollar gained today as results from the US presidential election proved far closer than polls had predicted, potentially leaving the outcome in doubt for days or weeks. — AFP file pic
Investors initially wagered that a possible Democratic sweep by Biden could ease political risk and provide a huge boost to fiscal stimulus. “It means possibly quite a lot of volatility,” said AXA Group’s Chief Economist Gilles Moec in London. Andrew Brenner, head of international fixed income at NatAlliance Securities, said the move in techs appeared to be a play on the Senate potentially staying Republican.
Chinese blue chips rose 0.7 per cent, with markets uncertain how Sino-US relations would develop from here. The chance of a Trump victory saw the dollar jump 2 per cent against the Mexican peso on the assumption US trade policies would continue to favour tariffs. Norway’s crown, Australia’s risk-sensitive dollar and Britain’s pound all tumbled too.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: malaymail - 🏆 1. / 86 더 많은 것을 읽으십시오 »