Analysts at Rabobank noted that Super Tuesday in the US looks like cementing the leading positions of the Republican and Democratic presidential nominees.
Key Quotes:
“Indeed, Donald Trump reportedly won in at least seven states well ahead of other Republican candidates while Hillary Clinton is favourite to obtain the nomination to represent the Democrats in the presidential election scheduled in November.
There’s more than enough commentary on that elsewhere, but suffice to say that mainstream market commentators are only just waking up to the fact that this may not mean business as normal: markets themselves aren’t there yet. But they will get there.”
(Market News Provided by FXstreet)