Against all odds, the Asian markets opened higher

Traders reassessed the economic impact of Donald Trump's victory as the 45th president of United States of America, and they came up with the conclusion that the Asian markets are safe to invest since Thursday. The impact was so big, that Nikkei 225 ended up 6.72 percent, as the Japanese Yen weakened against the dollar trading at 105.42.

The presidential election helped the the USD to rally sharply against other currencies, like the Euro, Mexican Peso and Japanese Yen.
"A weaker yen has helped propel Japanese stocks up...completely erasing yesterday's losses"- Anthony Darvall, chief market strategist at easyMarkets, declared on Thursday.

Other countries in Asia felt the impact of Trump's victory, too. In South Korea, for example ,the Kospi closed up 2.26 percent, while Hong Kong's Hang Seng had surged 2.09 percent higher compared to the previous days.
The Shanghai composite closed up 1.36 percent.

The Chinese Yuan plunged to a new six-year low against the American Dollar after Donald Trump's victory in the presidential elections.
This doesn't come as a surprise, given the fact that on his campaign trail, Trump vowed to impose China a 45 percent tariff on Chinese imports and label the country as a currency manipulator.

With this matter in mind, the HSBC analysts said that "China could discourage the purchasing of U.S. goods, services and even reject its popular culture (e.g. movies)".

On the other hand, Reuters reported that Chinese companies that are involved in One Belt, One Roar (OBOR) -a China-led initiative for a major infrastructure and framework- received a boost from Donald Trump's victory, with a weaker yuan being involved.

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