European shares were down on opening in the wake of the shock election result in the US but then rallied.<br /><br /> The Euro Stoxx 50 fell a couple of percentage points, with the FTSE in London down just under a point and the Dax in Frankfurt down 1.6 percent. <br /><br /> Following Trump’s victory, some early corporate winners and losers are emerging in European stock markets https://t.co/2pQuGth0or — Wall Street Journal (@WSJ) November 9, 2016<br /><br /> But it may be too early to tell exactly what is happening.<br /><br /> Robert Halver, the head of capital markets analysis at Baader Bank, said: “We can forget the markets today, it’s clear that they will crash, the shock is so big. <br /><br /> “The markets react to either positive or negative things and it’s negative when no one saw this coming.The polls were clear. <br /><br /> “But I think today the markets will plunge deeply as we lick our wounds and it will only be in the days to come that we can think rationally.”<br /><br /> Donald Trump’s victory is being felt in the most far-flung of markets https://t.co/bStigVaP8p pic.twitter.com/MNwQUzeD6W— Bloomberg (@business) November 9, 2016<br /><br /> The US dollar fell and stock futures plunged five percent at one point overnight.<br /><br /> Asian markets also fell, with Tokyo shares down five percent.<br /><br /> The Mexican peso collapsed, down by more than 13 percent in after-market trading but then recovered.<br /><br /> The country is seen as particularly vulnerable economically with a Trump presidency.<br /><br /> Stock seen as safe havens have done better and so too has gold, with its traders expected to have a good day.<br />
