How Asia Would Vote in the US Election


Across the region, economic issues were seen as more important than the management of international relations and the environment.

Seventy per cent said a Clinton presidency would be better for US trade relations with Asia than a Trump presidency.

“I think part of the reason for that sentiment could be the overriding ‘pro-protectionist’ theme of Donald Trump’s presidency,” said Stephen Innes, a senior trader at the New York-based currency trading firm Oanda.

On the flip side, Innes said a Clinton presidency had the potential to hurt Asian trade with the US as well. “A strong win for Hillary could mean her policies to boost economic growth may be brought forward,” said Innes.

“This could be done by cranking up fiscal policy which in turn would lead to a wave of US inflation,” he said. “This will give support for the US dollar, to the detriment of Asia  emerging  market capital  inflows.”

SCMP This Week in Asia

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Stephen Innes

Stephen Innes

Senior Currency Trader and Analyst at OANDA
Stephen has over 25 years of experience in the financial markets and specializes in Asian currencies at OANDA. After having started his trading career with NatWest Bank, he is currently based in Singapore as a Senior Currency Trader and Analyst with OANDA, focusing on the movement of the Aussie Dollar and ASEAN Currencies. Stephen has an extensive trading experience in Interest Rate Futures, Money Markets and Precious Metals. Prior to joining OANDA, he worked with organizations like Cambridge Mercantile, Nat West, Garvin Guy Butler, Sumitomo Mitsui Banking Corporation. Stephen was born in Glasgow, Scotland, and holds a Degree in Economics from the University of Western Ontario.
Stephen Innes
Stephen Innes

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