Asian Markets React to Uncertain US Election Outcome
Asian stock markets exhibited mixed results as investors await the US election outcome, which could significantly impact the global economy. The Nikkei 225 rose by 1.4%, while the Hang Seng dropped over 1%. Attention is especially focused on the potential policies of either candidate, with Donald Trump likely to impose higher tariffs and a more isolationist foreign policy, particularly concerning China and Taiwan. Conversely, a victory for Kamala Harris may lead to a continuation of the current administration’s approach. Market observers are also anticipating vital announcements from the US Federal Reserve and Chinese officials this week.