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Traders Stunned by Election Surprises From Mexico to India

(Bloomberg) Early Monday morning, one of the world’s most profitable currency trades unraveled, done in by a twist in Mexican elections few saw coming. Twenty hours later, investors in India started frantically dumping stocks, triggering a one-day, $386 billion wipeout, when they realized they had badly miscalculated the scope of Narendra Modi’s election victory.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopReal Estate Investors Are Wiped Out in Bets Fueled ....

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Anticipated ANC majority loss sparks market uncertainty

Investors anticipated the ANC governing in coalition, but projections showing a loss of its parliamentary majority have caused uncertainty. ....

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Markets in turmoil as South Africa awaits coalition outcome

South African markets are gripped by both hope and anxiety as the country navigates the uncertain terrain of coalition politics. ....

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🔒 SA's financial markets buzz with pre-election optimism

''South Africa's financial landscape teems with optimism ahead of the upcoming election, as investors anticipate a post-vote surge. ....

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Ivory Coast surpasses SA as top-rated sub-Saharan sovereign

Ivory Coast has outpaced South Africa to claim the highest rating among sub-Saharan African nations with outstanding foreign debt. ....

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