Markets Swing Sharply After U.S. Election Result as eBayFX Shifts Toward Defensive Assets
By Olivia Hayes ยท Published Nov 09, 2016
Global financial markets reacted sharply on November 9, 2016, following the outcome of the United States presidential election. Overnight futures initially declined before staging a rapid rebound, while currency markets experienced significant fluctuations and bond yields climbed on expectations of fiscal stimulus and policy changes.
The sudden moves prompted asset managers worldwide to reassess portfolio exposure. eBayFX confirmed that its risk team activated defensive allocation protocols d
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