And the Vix volatility index, which measures market fear, soared 14 percent to its highest levels since Britain’s shock vote in June to exit the European Union. Those losses spread to Asia again, with Tokyo—which was closed for a holiday Thursday—ending 1.3 percent lower. The greenback bought 103.24 yen in Asia, up from 102.93 yen in New York but well down from the 105.30 yen mark touched earlier this week. “The dollar is showing clear signs that investors are worried about a Trump win,” Sean Callow, a senior strategist at Westpac Banking Corp. in Sydney, told Bloomberg News. Sterling was edging towards the $1.25 level in Asia, well up from the sub $1.22 seen on Monday.

Source: Manila Times November 04, 2016 07:43 UTC