日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Across America

Gold soars on election uncertainty

By Bloomberg | China Daily USA | Updated: 2016-11-10 06:20

Gold surged the most since the Brexit vote as traders plowed back into haven assets on reports showing surprise victories for Republican Donald Trump in states critical to his White House hopes.

Bullion jumped above $1,300 an ounce as early results raised the possibility that Trump may prevail over Democratic candidate Hillary Clinton in the race for the presidency, throwing global markets into turmoil. Gold soared along with other havens including the yen while oil and equities tumbled.

Investors are fleeing riskier assets as projections showed Trump victories in Florida, Ohio and North Carolina, states that he needs to have a path to the White House.

Most polls showed Clinton ahead going into the vote and the first four states to be called were in line with forecasts. Gold prices soared as much as 8.1 percent following Britain's vote to leave the EU in June.

"Rightly or wrongly, a Trump victory is seen by markets as a major risk event," said Ric Spooner, chief market strategist at CMC Markets Asia Pacific Pty in Sydney. "The size of the moves we've seen today in key markets does point to the possibility for further risk-off moves if a Trump victory is confirmed."

Bullion for immediate delivery jumped as much as 3.7 percent to $1,323.17 an ounce, the biggest intraday rally since the UK's Brexit vote, according to Bloomberg generic pricing. It traded at $1,318.34 at 11:54 a.m. in Singapore, having rebounded from an earlier loss of as much as 0.6 percent.

Trump was projected to win Florida's 29 electoral votes, an unexpectedly strong showing that potentially throws the balance in the presidential race to Michigan and Wisconsin, key parts of Clinton's Midwestern electoral firewall. He was also on track to win Ohio, Florida and North Carolina, based on network projections. Clinton pulled out a victory in Virginia and Colorado - two states critical to her chances - but Trump was competitive in another state she was counting on, New Hampshire.

"We are glued to our screens and trying to make out which way it is going to be," said Naeem Aslam, chief market analyst at Think Markets UK Ltd. in London. "For us, keeping a close eye on gold, yen and peso are the main indicators, and after every result we are looking at them."

Bullion has gyrated in recent weeks as investors tracked the campaign, which has dominated sentiment even as the Federal Reserve signals that it's set to raise interest rates. While a win for the Republican is largely seen as bullish for bullion because his promises to renegotiate trade deals and curb immigration may stoke instability, a Democrat victory is seen as less turbulent. Odds of a US rate hike sank on Wednesday as the US results came in, bolstering the case for holding gold.

Hedge funds piled into bullion a week before Election Day amid bets that a Trump victory would trigger a repeat of last week's selloff that sent the S&P 500 Index of equities to its longest slump since 1980. Clinton is seen as a continuity candidate whose win would likely do little to change the Federal Reserve's plan to raise US interest rates.

Polar icebreaker Snow Dragon arrives in Antarctic
Xi's vision on shared future for humanity
Air Force units explore new airspace
Premier Li urges information integration to serve the public
Dialogue links global political parties
Editor's picks
Beijing limits signs attached to top of buildings across city
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 欧美视频在线观看免费 | 黄色一级片免费观看 | 青青av在线 | 精品无人国产偷自产在线 | 成人午夜高清 | a久久久久久 | 狠狠干2024| 日韩一区二区在线观看视频 | 国产美女久久久 | 天天干天天狠 | 国产一区视频在线 | 日本一区二区三区四区视频 | 日本免费网站视频 | 992在线观看 | 神马影院一区二区 | 国产精品久久免费视频 | 国产精品综合网 | 国产精品久久777777毛茸茸 | 在线看片成人 | 毛片综合 | 欧美特级视频 | 成人免费网站视频 | 中文字幕在线中文 | 成人免费福利视频 | 在线国产小视频 | 亚洲在线视频观看 | 成人中文字幕在线观看 | 制服.丝袜.亚洲.中文.综合懂色 | 色先锋影音资源 | 黄色片视频免费 | 免费看成年人视频 | 国产在线视频不卡 | 国产精久久久 | 射射射av | 黄色特级一级片 | 国产黄色免费观看 | 国产成人精品av久久 | 91国产免费视频 | 中国一级特黄录像播放 | 欧美第一视频 | av超碰 |