Shares and Mexican peso rally after first US presidential debate – business live

Discussion in 'Market News' started by Lily, Sep 27, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Stock market reaction suggests Hillary Clinton came off best in last night’s clash with Donald Trump

    8.23am BST

    Shares are rallying across Europe this morning, as investors digest the first US presidential debate (which took place while most of them were asleep).

    With Clinton seemingly stumping Trump in the first presidential debate a semblance of calm has returned to the markets.

    Yesterday saw a series of market-wide declines prompted, among other things, by the reminder that come November Donald Trump could be the new President of the United States of America. This morning, however, the European indices have taken anywhere between 0.6% and 0.8% back, arguably thanks to Hilary Clinton’s better received performance at last night’s debate.

    7.53am BST

    Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

    Investors have a lot to think about today, both in the financial markets and the world of politics.

    Donald Trump’s freewheeling approach spun wildly out of control in the first presidential debate as he was forced on the defensive during a chaotic clash with Hillary Clinton.

    Goaded by Clinton and pressed hard by moderator Lester Holt, the Republican nominee angrily defended his record against charges of racism, sexism and tax avoidance for much of the 90-minute clash at Hofstra University, outside New York.

    Debate recap: Hillary Clinton delivers poised showing as Trump forced on the defensive

    Clinton stays calm while Trump loses cool during first presidential debate

    Related: Deutsche Bank shares fall to lowest level since mid-1980s

    Continue reading...

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