Japan's Nikkei plunges 5.4pc overnight

Mexican peso reacting sharply as results trickle in

Dollar dives as investors face risk of shock Trump win

Gold enjoys biggest rally since Brexit vote

FTSE 100 trims losses as Trump speech eases fears

European bourses trim losses after acceptance speech

Pharma stocks, gold miners, and CRH among biggest winners

Pound rises against the dollar ​

Chances of a Fed rate hike in December slump to 47pc

Q&A: What does Donald Trump’s Presidential victory mean for the economy? ​

Investors endured a rollercoaster ride after the shock election of Donald Trump as the next US president sparked a bout of extraordinary volatility that roiled financial markets around the world.

Shares and bonds whipsawed violently as initial concerns about a Trump presidency gave way to cautious optimism that the businessman-turned-reality-television-star would be less divisive than originally feared.

It made for a wild ride for investors. The FTSE 100 dropped as much as 146.8 points at the opening of trade, only to stage a remarkable recovery and close up 68.71 points, or 1pc, at 6,911.84, a rally mirrored in Europe and the US. While futures on the Dow Jones Industrial Average at one point plunged more than 800 points, the US benchmark index was up 1.4pc, or more than 256 points, by the end of the day, just 0.25pc off its record high set in August.

Mark Haefele, global chief investment officer at UBS Wealth Management, said Mr Trump’s victory speech, in which the Republican outsider with no government experience struck an unexpectedly conciliatory tone, soothed some investors’ worst fears.

“We clearly saw the market turn when Donald Trump began speaking and rather than continuing with divisive campaign rhetoric, thanked Hillary Clinton, said he would reach out to all Americans and the Democrats for guidance,” said Mr Haefele.