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Five reasons why world markets are plunging after Donald Trump stunner

The Tokyo stock exchange plunged 5.5% Wednesday morning, with sharp drops also recorded in other Asian markets. The Mexican peso fell 10%, the dollar dropped 3.4% against the yen and 1.7% against the euro, while it jumped against emerging market currencies.

Oil prices dropped by 3%, while gold, the Swiss franc and the yen – safe harbors for investors in stressful times – are all trending upward.

Donald Trump’s U.S. presidential election victory is rocking the world financial markets.

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Analysts predicted a negative reaction to a Trump victory, but neither they nor the markets factored in the possibility seriously because of the inherently optimistic nature of investments.

Article source: http://www.haaretz.com/world-news/u-s-election-2016/1.752037