Markets lean on 'Trump trade' as former president leads

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The story "Markets lean on &#039;Trump trade&#039; as former president leads" was covered 2 weeks ago by The Star, a news publisher based in Malaysia.

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The Star 2w ago

Markets lean on 'Trump trade' as former president leads - The Star

Quick Summary:

NEW YORK: Global investors were increasingly pricing in a win late on Tuesday for Republican Donald Trump, as the former president took a lead in U.S.presidential elections, with some battleground states yet to post results.

The results so far underscore how one of the most unusual - and tightest - presidential elections in modern U.S.history could have far-reaching implications for tax and trade policy, as well as U.S.institutions.

He was buying bank shares in anticipation that higher yields and stronger growth would benefit their earnings.Bank stocks rose 4.4% in Tokyo and outperformed the market in Australia.