Markets are giving US President-elect Donald Trump the benefit of the doubt. Rather like Brexit, early surprise and discontent has already given way to acceptance and optimism. Brexit was obviously not an isolated event. Voters and investors in another major nation have been dealt a new hand. The view now is, what’s done is done,…
11 Nov Digital Look “Equity markets are voting risk-off into the weekend, perhaps worried about what a two-day break could deliver in terms of news about Trump’s team and his plans once in office. A correction from post-election highs is, however, no surprise. We rallied for six days after Brexit before pausing for breath. And…
Financial markets have swiftly reassessed Trump’s win, embracing it with bullish gusto. After a gracious acceptance speech there is faith that a more Presidential persona will replace the extreme character portrayed to win populist votes. Markets are moving on even more quickly than after the UK referendum Brexit result. Investor skin has clearly thickened in the interim. Which bodes well,…
At the front of the pack this morning are Copper miners (Antofagasta, BHP Billiton, Evraz, Glencore, KAZ Minerals, Vedanta Resources) seeing share prices increase upwards of 5% as the post-Trump commodity rally continued through the night. A 4.4% rally in the price of the metal so far today follows on from yesterday’s 5th consecutive positive…
Trump wins. The outside chance political outcome is once again the victor as news outlets and polls have been proved decisively wrong for a second time in six months. Yet for all the scaremongering and populist tendencies he showed in the long and hard–fought election battle against the Democratic nominee Hillary Clinton, Trump’s victory speech…
With less than 24 hours to go until the 45th President of the United States of America is announced, markets are once again trading timidly, as tonight’s election is once again too close to call for investors. However yesterday’s second ‘all-clear’ for Democratic nominee Clinton from the FBI in its investigation into her use of a private email…