Trump moves ahead in election race
|While there are still lots of votes left to count, the direction of travel is certainly going Donald Trump’s way. US futures are moving higher as they have done throughout the week so far. But in China indices have taken a sharp knock as the prospect of a hardline US administration and further tariffs on Chinese goods looms large.
Meanwhile the Dollar is the other beneficiary of tonight’s results, bolstered by Republican success in Senate races. So far US markets are putting their best foot forward - all those Trump trades that were being unwound last week are getting put back on in rapid fashion.
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