Dollar spooked in Asia as U.S. polls too close to call

Record ID: 79552

  • Title: Dollar spooked in Asia as U.S. polls too close to call
  • Date: 9th November 2016
  • Summary: TOKYO, JAPAN (NOVEMBER 9, 2016) (REUTERS) EXTERIOR OF TOKYO STOCK EXCHANGE (TSE) BUILDING SIGN READING (English): "JPX TOKYO STOCK EXCHANGE" ELECTRONIC STOCK BOARD ELECTRONIC STOCK BOARD SHOWING NIKKEI AVERAGE LEVELS A FEW MINUTES AFTER THE OPEN TSE STAFF WORKING TSE MARKET CENTER AND REVOLVING STOCK PRICE TICKER REVOLVING STOCK PRICE TICKER TSE MARKET CENTER ELECTRONIC STOCK BOARD JPX GRAPHIC SEOUL, SOUTH KOREA (NOVEMBER 9, 2016) (REUTERS) TRAFFIC ON SEOUL STREETS PEOPLE WALKING ACROSS STREET INTERIOR OF DEALING ROOM AT KEB HANA BANK ELECTRONIC BOARD SHOWING KOREA COMPOSITE STOCK PRICE INDEX (KOSPI) DEALERS WORKING IN FRONT OF ELECTRONIC BOARDS SHOWING CNH/KRW EXCHANGE RATE AND KOSPI DEALER LOOKING AT MONITOR SHOWING US PRESIDENTIAL ELECTION POLL REPORTS DEALERS WORKING DEALER TALKING ON PHONE ELECTRONIC BOARDS SHOWING CNH/KRW, USD/KRW EXCHANGE RATE, KOSPI AND KOREA SECURITIES DEALERS AUTOMATED QUOTATION (KOSDAQ) INTERIOR OF DEALING ROOM
  • Embargoed: 24th November 2016 02:08
  • Keywords: stock market NIKKEI TOPIX KOSPI Hang Seng Asia global markets stocks volatile U.S. election
  • Location: TOKYO, JAPAN / SEOUL, SOUTH KOREA
  • City: TOKYO, JAPAN / SEOUL, SOUTH KOREA
  • Country: Various
  • Topics: Economic Events,Equities Markets
  • Reuters ID: LVA00157Q1ZK5
  • Aspect Ratio: 16:9
  • Story Text:Asian markets were on tenderhooks on Wednesday (November 8) as early state exit polls in the U.S. presidential election showed wins for both candidates and no clear trend as yet.
    In Tokyo, Japan's benchmark Nikkei stock average opened at 17281.95 up 117.24 points on a possible Hillary Clinton win but later shed some points after Donald Trump was seen winning a few states in early exit polls.
    South Korean shares opened higher with the Korea Composite Stock Price Index (KOSPI) up 0.40 percent at 2,011.48 points as of 0031GMT.
    Asian stocks and U.S. stock futures edged 0.5 percent higher in volatile trade, while the dollar slipped on the yen and euro as investors hedged against the risk of a shock win by Republican Donald Trump.
    Both Trump and Democrat Hillary Clinton scored early victories in their bitter race, with Trump winning as expected in conservative Indiana, Kentucky and West Virginia and Clinton capturing liberal Vermont.
    The victories in the four states were long predicted and not especially significant in a national race where opinion polls show Clinton has an edge.
    Markets have tended to favour Clinton as a status quo candidate who would be considered a safe pair of hands at home on the world stage.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2016. Open For Restrictions - http://about.reuters.com/fulllegal.asp
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