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Asian markets resilient as hopes for a blue wave fade
Earlier, most markets were priced for a Biden/Democratic sweep scenario, but that seemed wishful thinking after the polls closed and the electoral college vote results started trickling in.
PHOTO: AFP
Singapore
MOST Asian markets displayed unexpected resilience, logging gains on Wednesday as they moved from trading a "blue wave" that failed to pan out to a possible "Trump trade" amid the nail-biting suspense of the too-close-to-call US election, easily the year's biggest event.
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