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Global markets ambivalent on Brexit and Trump's presidency



Global markets ambivalent on Brexit and Trump's presidency
South China Morning Post

What do international investors really make of Britain’s exit from the European Union (EU), or “Brexit,” and the ascendancy of Donald Trump to the US presidency?

If one thing has been patently clear over the last few weeks, it is that financial markets remain deeply ambivalent about what is in store for the UK and US economies, to say nothing about the political and geopolitical ramifications of last year’s twin electoral shocks.

That there is no clear-cut consensus about the consequences of Brexit and a Trump presidency - two developments which not only were viewed as highly improbable by most investors but were expected to be hugely detrimental to markets - has been the most striking feature of sentiment over the past several months.

South China Morning Post via Brexit News App.

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