US election snapshot: electoral map moving in Trump’s direction

PUBLISHED : Saturday, 05 November, 2016, 9:56am
UPDATED : Monday, 07 November, 2016, 3:17pm

Asian stocks weighed down amid worries over US Election

The tightening of the presidential race between Democratic Hillary Clinton and Republican Donald Trump has given jitters to investors in the global market, in particular in Asia.

Asian stocks headed for the first back-to-back weekly drop in two months amid a global sell-off as investors grew increasingly anxious before next week’s US presidential election and Tokyo shares sank for a second day, Bloomberg reported.

The MSCI Asia Pacific Index on Friday fell 0.9 per cent to 136.67 as of 4.10 pm in Hong Kong, set for a 1.5 per cent decline this week. Japan’s Topix index lost 1.6 per cent, capping its worst week in four months, according to Bloomberg.

Shifting electoral map could lead Trump to victory

While Clinton maintains a narrow lead over her Republican opponent, the final push from a recovering Trump from the recording scandal has seen some battleground states turning red – such as Ohio and Utah. A latest scorecard by Fox News shows that Trump would only be 15 electoral votes short of 270 to reach the White House – if he wins the states leaning or solidly Republican and the toss-ups.

One final win in North Carolina, Michigan or Pennsylvania could take him to victory. While Trump has a much more uphill task than Clinton, analysts say it is still possible given Trump is performing much stronger than the last week.

Low expectations and frustrations looms over the next president no matter who wins

A final pre-election New York Times/CBS News Poll shows that an overwhelming majority of voters are disgusted by the state of American politics – as more than eight in 10 voters said the “historically ugly” presidential campaign has left them repulsed rather than excited. Such discontent is expected to at least cloud the beginning of term of the next president, as majority of voters believe neither Clinton nor Trump could unite the country after this bitter election season.