Asian stocks bounce after investors view Hillary Clinton as debate winner
While the Mexican peso surges as markets award the first US presidential debate to Democrat Hillary Clinton
SYDNEY — Asian shares recovered from an early bout of nerves while the Mexican peso surged on Tuesday as investors awarded the first US presidential debate to Democrat Hillary Clinton over Republican Donald Trump.Markets have tended to see Clinton as the candidate of the status quo, while few are sure what a Trump presidency might mean for US foreign policy, international trade deals or the domestic economy.Opinion polls have shown the two candidates in a very tight race, with the latest Reuters/Ipsos polling showing Clinton ahead by four percentage points, with 41% of likely voters.As early risk aversion faded, MSCI’s broadest index of Asia-Pacific shares outside Japan recouped early losses to rise 0.5%. Japan’s Nikkei swung 0.3% higher, having been down 1.5% at one stage, while the US dollar rebounded to ¥100.83 from a one-month low about ¥100.08.E-mini futures for the S&P 500 recovered to gain 0.6%, an unusually large move for Asian hours."Markets started to call the debate for H...
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