US presidential election

Donald Trump is elected as the next president of the United States. What does this mean for the markets? Take a position with IG Bank.

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The result

Donald Trump has been elected president of the United States.

On 8 November, the former Apprentice star won the popular vote, and on 19 December he eased past the 270 electoral college votes needed to formalise his victory. On 20 January 2017, the new president and vice president have been sworn in.

Of course, this will just be the beginning, as Trump begins to enact his policies and global traders unpick what they mean for the markets at large.

How we got here

Having built a campaign upon incendiary promises, few expected Trump to gain the nomination of the GOP, let alone reach the Oval Office.

The first signs of success came in the primaries, when Trump’s popularity triggered speculation of a brokered convention. In reality, the Republican National Convention came to highlight just how vocal his support had become.

From then on, Trump’s campaign resisted every disappointment and scandal. His first debate, in which he focused more on mudslinging than policy, was widely seen to prove how far behind his rival he was. Faring only marginally better in the subsequent debates, the leaked Access Hollywood tape would seem to create a polling deficit too significant to bridge.

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Watch: election analysis

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You might be interested in...

Primary

A ballot where supporters of a particular party vote secretly to appoint their presidential candidate.

Super Tuesday

The day 14 states hold primaries or caucuses for one or both parties on the same day. This can represent a decisive date for all the candidates.

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