Mexican peso and stocks gain ground as chance of Trump victory fades
Asian stocks edge high as investors see less chance of Donald Trump winning his US presidential bid amid a scandal over comments he made about women
SYDNEY — The Mexican peso climbed and US stock futures crept higher on Monday as markets saw less chance of a victory by Republican nominee Donald Trump in his US presidential bid amid a scandal over comments he made about women.A holiday in Tokyo limited the early reaction in equities and MSCI’s broadest index of Asia-Pacific shares outside Japan was barely in the black.E-mini futures for the S&P 500 rose 0.2%, as did Australian stocks, while Shanghai firmed 1.2% as markets there returned from a long holiday.Going the other way, Thailand stocks fell 2.5% after the palace said in a statement that 88-year-old King Bhumibol Adulyadej’s health was in an unstable condition.Trump faces the biggest crisis of his 16-month campaign after a tape of him making vulgar comments about women deepened fissures with establishment Republicans.A second debate with Democrat Hillary Clinton came and went with little immediate impact on investor thinking.Presidential betting markets had lengthened the o...
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