US Republican presidential candidate and former President Donald Trump is assumed to return to the White House. He declared victory from his campaign headquarters in Florida. Meanwhile, the Republicans have also regained control of the Senate. The “Trump trades” escalated, and futures for the three major US stock indexes spiked further this afternoon (6th) Hong Kong time. The DJIA futures last printed at 43,202, up 821 pts or 1.9%. The S&P 500 futures last stood at 5,918, up 106 pts or 1.8%. The latest report for Nasdaq futures was 20,704, up 363 pts or 1.8%.Related NewsInflation Rate YoY for Oct in United States is 2.6%, higher than the previous value of 2.4%. The forecast was 2.6%.The latest data from the Associated Press showed that Trump is expected to seize at least 267 electoral votes, while Democratic presidential candidate Kamala Harris is expected to receive at least 214 electoral votes.The FX market rattled drastically following the upsurge in the USD Index. The USD Index leaped 1.5% to 105.01. USD/ CNY slid 586 bps or 0.8% to 7.1641. USD/ CNH tumbled 926 bps, bottoming at 7.1922; and last reported at 7.1829, down 833 bps or nearly 1.2%. USD/ JPY sagged 1.6% to 153.93.Hong Kong bourse continued to come under pressure in the afternoon, now giving up 560 pts or 2.7% to 20,446, with turnover of $190.156 billion.Related NewsCFLP: CN Oct E-commerce Logistics Biz Vol. Index Logs ~5Yr High amid Double 11Trump had previously announced that he would raise tariffs on Chinese goods. In response, China’s State Department spokesperson Mao Ning said this afternoon that the US presidential election is an internal affair of the US, and China respects the choice of the American people. Regarding the tariffs mentioned by the reporter, Mao said China will not answer hypothetical questions.