10 November, 2016
Insecurity over a Trump presidency trigged investors to unload shares causing the Dow to tumble 3.5 percent, or 643 points.
After Trump's victory speech at the Hilton Hotel in Midtown Manhattan, European stock markets recovered some of those early losses, however.
Pledges by Trump in his victory speech that he would forge strong relations with other big nations helped ease some concerns of heavy tariffs being slapped on imports to the United States and a starkly more aggressive geopolitical attitude.
Trump's anti-Mexico rhetoric has affected the value of the peso for weeks. "That's basically bad", Ha said.
Overseas stocks tumbled Wednesday as Donald Trump emerged as the shock victor in the US presidential election.
Mexico's central bank has called a joint press conference with the Finance Ministry for 0700 local time (0800 EST/1300GMT).
Japan's vice-minister of finance for worldwide affairs, Masatsugu Asakawa, is consulting finance minister Taro Aso on how best to respond to the turbulence, according to Reuters.
"The initial reaction in markets was violent", Saxo Bank head of FX strategy John Hardy said. South Korea's Kospi skidded 2.6 percent to 1,950.95 and Hong Kong's Hang Seng tumbled 2.3 percent to 22,382.27. The Shanghai Composite index fell 0.2 percent to 3,141.87 and Australia's S&P ASX/200 in sank 1.9 percent to 5,156.60. Trump has talked about renegotiating or even ending NAFTA, the free trade deal between the U.S., Mexico and Canada.
Overwatch League announced, will include player salaries and localized teams
Sombra also has a " Translocator " feature which is a beacon that she can throw out and return to it while it is active. Sombra will come with 5 different abilities: the Machine Pistol that allows her to fire in a short-range spread.
Stocks decline for a 9th day, despite strong jobs data
Advancing issues outnumbered declining ones on the NYSE by a 1.06-to-1 ratio; on Nasdaq , a 1.09-to-1 ratio favoured advancers. The S&P 500 index showed three new 52-week highs and 10 new lows, while the Nasdaq recorded 21 new highs and 110 new lows.
Average US 30-year mortgage rate rises to 3.54 percent
The big Canadian bank increased its TD Mortgage Prime rate to 2.85 per cent from 2.7 per cent, effective Tuesday. The five-year Treasury-indexed hybrid adjustable-rate mortgage increased to 2.87%, up from 2.84% last week.
As results emerged Wednesday, the Mexican peso swooned 11.5 per cent. The U.S. currency rose sharply to 20.01 Mexican pesos from 18.68 pesos.
Implied volatility in one-week peso-dollar options contracts surged to the highest level since the financial crisis ahead of the election, although levels dipped this week.
Markets from Japan to India fell the most since at least June 24, when Britain shocked investors by opting to leave the European Union, as investors dumped global risk securities and bought safe-haven assets including the yen and gold.
The faltering Euro was also up almost two per cent against the euro, suggesting investors may be looking to invest in the comparatively stable currency.
The US dollar has also scrambled back from an early-morning rout, and is now only slightly lower against the euro.
A sell-off in bonds sent prices tumbling, driving the yield on the 10-year Treasury note up to 1.97 percent from 1.86 percent late Tuesday, a large move.
"This is a major concern for the markets, as it could completely change not just United States politics, but also the global economic norm", Ms Brooks said.
Prices fell on benchmark 10-year Treasury notes and 30-year bonds, pushing yields to their highest levels in 10 months, as investors expected Trump to enact protectionist trade policies that would put upward pressure on USA wages and boost inflation. Brent crude, used to price global oils, slid 29 cents to $45.75 a barrel in London.