United States

The shock victory of Donald Trump in the US presidential elections on November 9 is already having an impact on the RMB, with the currency weakening to new record lows. We gathered some of the key views from top bank analysts in the days since which draw a picture that is far from pretty (but not hopeless) for China.

The Chicago Mercantile Exchange has introduced a new method of trading six FX option products, by using volatility-quoted prices.

US pharmaceutical company Abbvie hit the corporate new issue market on Monday, making its euro debut as a volatile backdrop in government bonds began to filter into the corporate bond market.

Symbiont, a start-up firm specialising in smart contracts and distributed ledger technology, has appointed a former SEC commissioner and a former investment manager chief executive to its board of directors.

Greencore Group, the Irish convenience food supplier, has announced plans for a £439m rights issue to partly finance its takeover of Peacock Foods, a US competitor, alongside its preliminary full year results on Monday.

US based-Novelis, part of Indian company Aditya Birla Group, has decided to access the Asian syndicated loan market following discussions lasting several months.

Quantile Technologies and AcadiaSoft have teamed up on a service aimed at reducing counterparty credit risk for derivatives market participants.

It's now all Trump, all the time – especially for China. In this round-up, a recap of our top stories from an eventful week. In broader news, the RMB struggles against the dollar, China’s foreign exchange (FX) reserves hit new lows in October, and the Asian Infrastructure Investment Bank readies a seat at the table for Hong Kong.

An upset in the US presidential election overnight on Tuesday caught the world and its capital markets off-guard. Just like the Friday morning after the Brexit vote many awoke seemingly unprepared for a perilous open. But Donald Trump’s ascent to the White House, which so few capital markets participants wanted or predicted, has not disrupted market activity as much as might have been feared, for now.

This week, those in the capital markets showed it’s not just electorates that can deliver surprises. Investors got one back — by making markets rise on a shock Donald Trump election victory.

Equity specialists marvelled again this week at the capacity of markets to surprise, as despite a strongly held consensus that shares would tumble if Donald Trump won the US presidency, the New York stockmarket actually rose.

The US Commodity Futures Trading Commission has requested more than $38m in monetary sanctions against UK based trader Navinder Singh Sarao over S&P futures 'spoofing' allegations.