Global markets react to Donald Trump’s victory in US presidential election
Republican economic plan will add $7.75 trillion to the US Treasury’s debt over 10 years

Equity markets across Asia, Europe and America reacted to the news of Donald Trump’s return to White House for a second term.
In the US, the Dow Jones gained more than 1%, while Japan's Nikkei 225 increased by 2.6% and the Euro Stoxx climbed by 0.5%.
However, China's CSI index fell by 0.5% as investors were concerned about potential tariffs on Chinese goods under the new regime.
Bitcoin prices surged to a new high of $75,000 as Trump showed his support for cryptocurrency. The dollar index, which measures the strength of the dollar against a basket of currencies including the pound, euro, and Japanese yen, gained 1.5%.
Oil prices also declined, with Brent crude oil futures down $1.25 to $74.28 per barrel. Investors anticipated a slowdown in the world's second-largest economy due to possible trade restrictions in Trump's second term.
According to Reuters, "Trump's fiscal pledges are seriously troublesome – for the U.S. economy and for global financial markets – as they promise to vastly expand an already excessive deficit at the same time as he threatens to undermine key institutions," Erik Nielsen, UniCredit's Group Chief Economics Advisor, said.
"One must conclude that Trump poses a serious – and so far vastly under-appreciated - threat to the U.S. Treasury market and thereby to global financial stability," Nielsen said.
The economic plan given by the Republican will result in the increase of $7.75 trillion to the US Treasury's debt over a period of 10 years.
Popular
Spotlight
More from Business
K-Electric proposes reduction in electricity bills via fuel cost adjustment
Relief is passed on to customers as global fuel prices decline
More from World
Iran says response to Trump's letter under 'assessment'
Iran says it will assess Trump’s letter before responding, as tensions rise over nuclear talks and potential U.S. military action
Comments
See what people are discussing