Original article by David Rogers
The Australian – Page: 21 & 30 : 10-Nov-16

The Australian dollar and the domestic sharemarket fell sharply on 9 November 2016, in response to the election of US presidential candidate Donald Trump. The S&P/ASX 200 reached an intra-day low of 5,052.1 before closing down 1.9 per cent at 5156.6. In the US, S&P 500 futures initially fell by more than five per cent, which resulted in a temporary suspension of trading. Some analysts expect "risk-off" trading to be sustained for some time, while the prospect of an interest rate rise in the US in December appears to have diminished. The Australian dollar reached a low of $US0.758 in local trading, and Westpac’s Robert Rennie says it could fall below $US0.74 in the near-term.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S 500 INDEX, FTSE 100 INDEX, UNITED STATES. FEDERAL RESERVE BOARD, WESTPAC BANKING CORPORATION – ASX WBC, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, CITIGROUP PTY LTD, HSBC AUSTRALIA HOLDINGS PTY LTD, CAPITAL ECONOMICS LIMITED