Stock markets are not very well experienced election night, as Republican Donald trump increases the departing from Hillary Clinton. Most likely, he will become the new President of the United States.
Trump received the most electoral votes in key States, the New York Times is constantly improving forecasts for the victory of the Republican. Now the chances of a trump to take the presidency is estimated at 95%.
According to forecasts, trump received the votes of about 300 voters, while to win enough only 270. At the moment, he has already gained 244 votes, while Clinton is their only 209.
Futures for the Dow Jones Industrial Average began to decline as soon as it became known about the separation of Republican. To date, they have lost 700 points, or almost 4%, to 17,574 points.
Almost 5% of lost futures for the S&P500 index.
The US dollar against the yen fell by 3.28% to 101,98. The US dollar index that determines its strength against a basket of six major currencies, fell by 1.3%, reaching 96,58.
Futures on the VIX, also known as the fear index, soared by 22.17% amid weakening of the US stock market.
Also, when the negative dynamics of the Asian are trading: Hang Seng fell 2.8%, Nikkei 225 fell by 4%.
The Mexican peso fell by 10.5%, reaching a record low against the dollar at 20.3 pesos.
The reaction of the markets similar to the events after the decision of the citizens of the UK to leave the EU, but, apparently, it will be much stronger.
Traders were expecting a victory for Clinton, and they are very much mistaken, so the US stock market and the dollar will be under more pressure in the coming days. The consequences of the American elections may be felt in the markets for up to two weeks.
Gold futures rose 3.5% to $1317 per ounce and is likely to continue to grow, while U.S. treasuries lost 5.6 percent, or 12.9 basis points, while the yield of 1,725%.
