mexican peso: Key points The Mexican peso has lifted off recent lows in anticipation of Clinton winning the US poll Clinton is seen to represent stability and predictability and a win for share markets Official data show China commodity imports are down 13 per cent from September That is partly because Hillary Clinton represents policy stability and predictability, as well as a continuation and expansion of globalisation, according to Australian Broadcasting Corporation. Sydney-based market strategist Michael McCarthy said he had never seen a market reaction to a political event quite like this one. AP Seth Wenig Related Story China trade remains weak as exports and imports keep falling Related Story Wall Street rallies on growing chance of Clinton victory Map United States Global financial markets have held onto strong gains ahead of the announcement tomorrow of a new American president. There was a lot of enthusiasm and good turnover yesterday but today, movement is subdued and volumes are right down, he said. The Mexican peso has lifted off its recent lows in anticipation of a Clinton win the election. That does suggest not only has the market positioned itself for a Clinton victory, but it quite happy with the positioning at the moment.
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Tagged under mexican peso, policy stability topics.