"If Trump wins, you'll get risk-off sentiment and you'll see the dollar losing against the Swiss franc, yen and euro," said Mary Nicola, investment strategist at Aviva Investors Asia. "If you get a Clinton win, you will get a relief rally in markets so you could potentially see dollar weakness." Some investors have held short positions in South Korea's won, China's yuan and the Malaysian ringgit — currencies vulnerable to shifts in risk appetite or potentially global trade frictions if Trump wins. RENEWABLES AND DEFENCEOne 'Clinton' trade of late has been to buy north Asian renewable energy stocks, such as Taiwan's biggest solar cell maker Motech Industries. Car exporters in Mexico, on the other hand, could be hit by a Trump win, said Hisashi Iwama, fund manager at Asset Management One in Tokyo.

Source: The Edge Markets November 07, 2016 07:50 UTC