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Sovereign Wealth Funds Briefing - Categorized | Market, Trends

HKMA expects market volatility to persist in near term after U.S. election

Posted on 10 November 2016

The Hong Kong Monetary Authority (HKMA) said on Wednesday that market volatility is expected to persist in the near term until there is more clarity about the policy stance of the new U.S. Administration.
The U.S. residential election suggests that Donald Trump is on course for a win, triggering significant volatility in financial markets, Norman Chan, the chief executive of the HKMA said in an email response to media. Shortly after Chan’s email, Democrat Hillary Clinton called Trump to concede a stunning upset win for Trump, U.S. TV networks reported………………………………………Full Article: Source


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