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Hardy: When and how the US presidential race could hit the markets

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Donald Trump has emerged after Super Tuesday as the clear front-runner to win the Republican Party’s presidential nomination. But Trump’s success may very well trigger a crisis in the Republican Party, says Saxo Bank’s John Hardy, and that could rattle the markets.

Republican and Democratic Party conventions will in July nominate their candidates for the US presidential election on November 8. Former US Secretary of State Hillary Clinton looks set to be the Democrat, who will be running for the White House, Hardy says.

He also looks at when and how the markets may react to what he describes as the most interesting US election in modern time.