Hillary Clinton appears to have edged out her Republican opponent Donald Trump in the first presidential debate, based on analysts' take on the market reaction.
"Early indications suggest Hillary won the debate; at least didn't lose. Futures are higher and the peso is rallying," said Jack Ablin, chief investment officer at BMO Private Bank.
U.S. stock index futures erased losses to trade positive as the debate kicked off. Futures were near session highs as the debate ended, with Dow futures briefly adding more than 100 points.
The U.S. dollar last traded about 1.8 percent weaker against the Mexican peso and was stronger against the yen. The euro-dollar held steady near$1.125.
"If markets think she did well, then the polls need to reflect that. In the financial industry, the (market participants), they can have an assessment she won. That doesn't mean the average voter has the same view," said Andres Jaime, global FX and rates strategist at Barclays.
"If a poll in the next few days shows the race is as tight as it (was heading into the debate), then markets will probably sell off," he said. He said clarity on the latest polls should come by the end of the week.
Reference: CNBC
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