Tuesday 7 June 2016

US MARKET NEWS 8 June 2016

Nomura has declared a Donald Trump presidency as a major market risk, predicting turbulence ahead if the presumptive Republican nominee takes up residence in the White House.
"No matter what, I think a Trump victory is not good in terms of the financial market reaction," Craig Chan, head of foreign-exchange strategy for Asia ex-Japan at Nomura, said on the sidelines of the Nomura Investment Forum in Singapore Tuesday. "From an economic-financial- political angle, there are huge risks."

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