Markets to stand still until US election is over

OANDA strategist Jeffrey Halley was perhaps among the first to seriously consider the possibility that US Republican presidential candidate Donald Trump could win the upcoming election when he wrote in August that thus far, (Trump's) opponents had apparently failed to grasp the depth of emotion he was tapping into and were seemingly, consistently, underestimating him.

"His aim is squarely at the four swing states he needs," wrote Mr Halley in his Asia in H2: Beware the Orange Swan. "Yet,…