p asx: The shock US election result dominated the market moves last week, despite following the US markets down initially, both the US and Australian markets ended the week higher, with the S&P/ASX 200 up 41.9 points at 5,370.7 on Friday, according to Nine News Australia. But that movement is expected to pull back slightly on Monday, Dr Oliver said. AFP The upcoming week on the Australian share market will be a taste of uncertainty that could linger for months as investors try to pin down incoming US president Donald Trump policies, says AMP Capital chief economist. Well probably come off a little bit, maybe 15 points, giving up a little bit of the gains we have seen in the last week, he said. Initially markets sort of fretted about his protectionist policies and the impact on free trade, he said. US politics would remain a strong focus throughout the week as markets continue to evaluate what his presidency will mean, the good and the bad, Dr Oliver said.
(news.financializer.com). As
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