Dollar still down but reverses some earlier losses against major currencies as Hillary Clinton concedes defeat to Donald Trump November 9, 2016 The dollar began to creep back against the pound, euro and the yen following Donald Trump's conciliatory first speech after being elected the 45th President of the US. The greenback has made a comeback from earlier losses (albeit slight), trading down 0.31 per cent against sterling at mid-morning at £0.8052. Shortly after 5.30am, it was 1.1 per cent [...]
Why Deutsche Bank thinks the ECB is in for a tougher time following the Trump victory November 9, 2016 Donald Trump's triumph at the US elections could cause Mario Draghi some headaches, according from Deutsche Bank. In a note published early this morning, when Trump's win was clearly on the cards but not yet officially announced, the bank noted a combination of factors that could possibly be triggered by the result – a downward drag on [...]
Remember when UK politicians debated banning Donald Trump from the country? Things are about to get awkward November 9, 2016 The news is sinking in: Donald Trump will be the next President of the United States. UK politicians have mixed reactions, but many are concerned about what this development will mean for Britain, and for Brexit. But cast your minds back to the start of 2016. A simpler time, some may say. A petition was started [...]
“Time for America to bind the wounds of division”: Watch Donald Trump’s victory speech in full November 9, 2016 Donald Trump gave an unusually statesmanlike victory speech today, congratulating his opponent and promising to unite his country. "It’s time for America to bind the wounds of division. We have to get together," he said. "For those who have chosen not to support me in the past, of which there were a few people, I’m [...]
Theresa May just congratulated Donald Trump on winning the US Presidential election November 9, 2016 Theresa May has said Britain and the US will continue to be strong partners as she congratulated Donald Trump on his victory in the US Presidential election. The prime minister said she would look forward to working with the President-elect to "ensure the security and prosperity of our nations" in the future. Later this afternoon a spokesperson added [...]
Here are the front pages after the Trump win – they’re pretty mixed November 9, 2016 The news of Donald Trump's victory is spreading across the world. The result came too late to make the UK front pages, but across the pond in America, the late papers are coming in. Read more: Dollar still down but reverses losses against other major currencies The Washington Post has an identical headline, but waited until [...]
Pharma firm share prices are jumping on Trump’s win. Here’s why November 9, 2016 Pharmaceutical stocks – one of the few sectors that was thought to be privately if not publicly hoping for a Trump win last night – surged after Democrat candidate Hillary Clinton conceded defeat in the US presidential election. They've joined precious metal miners in surging ahead, which are doing well on the rising price of [...]
Paddy Power paid $1m early to people who bet on Clinton, and now has forked out $4.5m to customers to backed Trump November 9, 2016 Betting firm Paddy Power are in hot water after this morning's election result. It paid out over $1m early to customers who made bets on Hillary Clinton, just after the sexual assault allegations against Donald Trump came out. Read more: Trump wins the White House Did they learn NOTHING from Brexit? Nothing is ever off the [...]
US Presidential election 2016: Politicians around the world react to Donald Trump victory November 9, 2016 Politicians around the world have been reacting this morning to news that Donald Trump has been elected the 45th President of the United States. Trump surged past rival Hillary Clinton to take 276 electoral college votes, against Clinton's 218. In his victory speech, the property tycoon and former US Apprentice presenter said: "I want to [...]
How did UK politicians react to Donald Trump’s victory? November 9, 2016 Donald Trump has won the US Presidential Election, and no one is sure how to react. The markets are down, the currency is all over the place and people have woken up in Britain confused and worried about what the future might hold for international relations. And what does this mean for the special relationship? [...]