# Global Markets Rocked by Trump Election Upset - ABC News

> Global markets were caught off guard as Donald Trump's presidential win unfolded on Tuesday night, triggering sharp sell-offs reminiscent of the Brexit vote. Investors scrambled to reposition trades that had assumed a Hillary Clinton victory.

- Date: 2016-11-09 · published 2016-11-09T12:00:00.000Z
- Category: macro · region Global · magnitude high
- Page: https://feedsoft.ai/events/74071-global-markets-rocked-by-trump-election-upset-abc-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

The shock election result drove a strong dollar and risk-off moves that weigh on commodity prices and emerging-market currencies, raising import costs for feed buyers. Its price effects are broad but largely reflected in the dollar and currency moves.

## Read by commodity

- DXY: bullish ▲
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-02-26 | [Stock markets roiled by global bond whiplash \| Reuters](https://feedsoft.ai/events/9588-stock-markets-roiled-by-global-bond-whiplash-reuters.md) | +0.7% | +1.9% |
| DXY | 2025-01-24 | [Bond Market Selloff and Trump Concerns \| Global Banking & Finance Review](https://feedsoft.ai/events/12679-bond-market-selloff-and-trump-concerns-global-banking-and-finance-review.md) | -0.1% | -0.8% |
| DXY | 2022-06-13 | [GLOBAL MARKETS-Inflation fears grip markets as bonds, stocks extend selloff](https://feedsoft.ai/events/9637-global-markets-inflation-fears-grip-markets-as-bonds-stocks-extend-selloff.md) | +1.0% | +2.9% |
| DXY | 2024-08-05 | [Emerging Markets equities slump as US recession fears spark global selloff](https://feedsoft.ai/events/12017-emerging-markets-equities-slump-as-us-recession-fears-spark-global-selloff.md) | -0.4% | -0.9% |
| DXY | 2023-09-26 | [Fed-triggered taper tantrum takes toll on Korean financial markets - KED Global](https://feedsoft.ai/events/34364-fed-triggered-taper-tantrum-takes-toll-on-korean-financial-markets-ked-global.md) | +0.8% | +1.3% |

## Sources

- abcnews.com: https://abcnews.com/Business/markets-jittery-results-received/story?id=43401507

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.