US Election 2016: Asia markets bounce back after Trump win

  |   India News

Thursday's rally followed rises in Europe and the US, as the market meltdown many had anticipated failed to materialise.

And Nariman Behravesh, chief economist at IHS Markit said that "after the initial shock, investors seem to feel that a Trump administration could be good news for US businesses, with lower taxes and a reduced regulatory burden".

He added that while Mr Trump had set out several broad economic policies, including corporate tax breaks and the renegotiating or scrapping of trade deals, there was no certainty these would go ahead.

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