Key comments of Saxo Bank on the results of the US elections and the reactions of markets

Here are the key comments of Strategic Team of Saxo Bank shortly after announcing the results of the US elections and the reactions of the markets:

John Hardy, head of "Forex Strategies" at Saxo Bank

- The markets have already made conclusions
- The reaction in the US dollar is in line with the expectations
- USD/JPY is rated correctly, nothing changes basically
- It will be interesting to see what will be the next move against the status quo in Europe
- The clock is ticking for Janet Yellen

Steen Jakobsen, chief economist and CIO at Saxo Bank

- I'm currently in Russia, where they are not surprised by the victory of Trump
- It's not that Trump wins, but that Clinton lost again
- It's about the antiglobalizm and the coming of age of a generation "Berlin Wall"
- People can not live another eight years without change
- The likelihood of higher interest rates in the US dropped

Peter Garnri, head of "Strategies in securities" at Saxo Bank

- Today (on Wednesday) we will see a repeat of the reaction of the markets after Brexit
- Financial markets in Asia Pacific behave better than expected
- We can expect serious dynamics in Mexican stocks

Ole Hansen, head of "Strategies in raw materials" at Saxo Bank

- Oil and copper are down, bets on gold increase
- The Trump's policy on fuels can help restore oil production in the US
- Gold is necessary to close above 1.330 dollars to signal movement towards the peaks of 1.375 dollars that were in July
- We're already seeing great excitement in gold volumes