(Reuters)
World shares swung higher, and the Mexican peso surged more than two per cent as investors awarded the first U.S. Presidential debate to Democrat Hillary Clinton over Republican Donald Trump. Ivor Bennett reported,
It was clearly a late night for traders in Europe. But one worth staying up for.
European shares rising half a percent when markets opened after the US presidential debate gave traders the result they wanted.
Head of Analysis of Capital Market at Baader Bank said: “Mrs Clinton won the points over Donald Trump in the first TV debate. We have known Mrs Clinton for 20 years. She was secretary of state, she was the wife of a U.S. president. That means that if she were to become president, there is a certain amount that we already know.”
The sigh of relief had already been felt in Asia – the Nikkei closing up 0.8 percent.
The most sensitive Trump thermometer though seems to be the currency markets.
The safe haven Yen fell from a one-month high and the Mexican Peso surged as much as 2.3 percent.
But the fluctuations are unlikely to be over yet.
With two more debates, and election night itself – there are plenty more late nights to come for overseas markets.
