Source Pravda.Ru

Markets collapse as Donald Trump is projected to win

International stock indexes have declined against the backdrop of the news about Donald Trump's leadership in electoral votes in the US presidential election. Investors were counting on Hillary Clinton's victory. 

World stocks indices collapsed on Tuesday, 8 November, as Donald Trump is expected to win the battle and take office as the next President of the United States. Earlier, The New York Times has changed its forecast for Trump's victory from 80 to 95 percent. 

The futures on major US stock indices fell in the range of 3-4%, OTC trading data showed. Dow Jones fell by 3.5% (650 points), S&P 500 - by 4,26%, NASDAQ - by 4.1%.

Japan's Nikkei 225 fell by 3.98% (to 682.88 points) China's Shanghai Composite dropped by 1.32% (to 41.66 points), the index of Chinese "blue chips" CSI300 - by 1.18% (39.65 points), the Hong Kong Hang Seng - by 2.85% (646.73 points). South Korea's KOSPI dropped by 2.43% (48.64 points). Australian ASX200 - by 1.64% (86.29 points).

Donald Trump's projected victory in the US presidential election has led to the fall of the US dollar against other major currencies. The dollar has weakened against the Japanese yen by 3.46% and by 2.2% against the euro ($1.1265).

The price of Brent crude oil fell to $ 44.5 per barrel. Futures for Brent fell by 3.75% and are currently trading at 43.9.

The price of US Treasuries shows a positive dynamics, while gold futures have grown by 4%. 

Pravda.Ru

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