FIRST AIRED: November 2, 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

Trump poll bounce gives markets the jitters

Opening sequence

Opening sequence

Business

Trump poll bounce gives markets the jitters

0:00
17:13
More Info

COMING UP:Trump poll bounce gives markets the jitters

×

Transcript

00:00:00
>> He just might win and that has some investors rattled. Global markets roiled by a poll that put Donald Trump ahead of Hillary Clinton in the race for the White House. Stocks down around the world. The dollar and oil also taking a hit. Reuter's chief markets correspondent Jamie McGeever says traders see Trump as worryingly protectionist.
00:00:22
>> Already, trade and global trade growth is quite weak. A Trump victory might hit that even harder. That's never really good for markets and for risk appetite. There are also question marks over Trump's character, shall we say. And maybe some investors and markets, in general, see him as more as a loose cannon compared to Hillary Clinton.
00:00:43
>> The jitters are benefiting traditional safe havens. Gold, German government bonds, the Japanese Yen and the Swiss Franc all getting a boost. That's a sign that investors are moving their money out of riskier assets. In the UK, Trump now seems to outweigh worries over Brexit.>> Sterling has been hammered by Brexit fears, it's at a 31-year low against the Dollar.
00:01:05
But just in the last couple of days, it's bounced back up to a two week high. So it's a dollar move and that's even give rise to a slight pop up in sterling. So yes, US election worries are paramount right now.>> At least the uncertainty won't last long.
00:01:21
The US election now less than a week away. If Clinton wins, traders can then go back to worrying about Brexit.