FIRST AIRED: September 27, 2016

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program

Business

Market's 'Trump Thermometer' soars on debate

Opening sequence

Opening sequence

Business

Market's 'Trump Thermometer' soars on debate

0:00
17:10
More Info

COMING UP:Market's 'Trump Thermometer' soars on debate

×

Transcript

00:00:00
>> Global markets giving their own verdict on Monday night's presidential debate. The Mexican peso and Canadian dollar, the main things to watch, both seeing sharp gains after snap polls pointed to a win for Hillary Clinton. The peso up around 2%, its biggest daily gain in over six months.
00:00:18
>> Our jobs are fleeing the country. They're going to Mexico.>> Some now calling the Mexican currency the Trump Thermometer, so sensitive is it to his prospects. Reuters markets editor, Mike Dolan.>> The biggest reaction we're seeing is clearly in the Mexican peso because Donald Trump has been, used Mexico as his main point of attack when he's talking about raising trade barriers and talking about limiting migration.
00:00:46
So, Mexico is seen as the biggest loser from a Trump victory.>> Asian stocks also sharply up after the debate. Hong Kong's Hang Seng Index and Japan's Nikkei both closing around 1% higher. A more muted reaction in Europe, though, where worries about the health of big banks outweighed any debate boost.
00:01:05
Even so, it's clear that market moves are closely attuned to the US election.>> I think world markets would favor a Clinton win as the status quo candidate. And that's very similar to the Brexit referendum we saw earlier in the year. I think the assumption of the UK remaining in being the best for markets was one of, I guess certainty again, as opposed to uncertainty.
00:01:26
>> The presidential contenders set to face off again on October 9th. Anyone with a wallet full of Mexican pesos probably hoping for a Clinton win.