Would a Clinton Win Have a Positive Impact on Europe?
Mexico’s peso strengthened versus major peers after the final American presidential debate was seen leaving Hillary Clinton as the favorite. The peso, which tends to appreciate when Republican candidate Donald Trump’s chances of victory recede, reached a six-week high versus the greenback. Australia’s dollar slumped following an unexpected drop in employment, while the euro slipped to its weakest level since July. The latest head-to-head between Clinton and Trump did little to shed new light on their policies and had less impact on financial markets than their two previous exchanges, which triggered jumps of at least 2 percent in the peso. Algebris Investments Partner and Portfolio Manager Alberto Gallo discusses with Guy Johnson and Caroline Hyde on "Bloomberg Markets: European Open."
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