Asia Shares Gain, Mexican peso Jumps as Trump's chances seen Diminishing

Asian shares crept higher and the Mexican peso climbed on Monday as markets saw less chance a victory by Republican nominee Donald Trump in his U.S. presidential bid amid a scandal over vulgar comments he made about women. 

 

A holiday in Tokyo limited the early reaction and MSCI's broadest index of Asia-Pacific shares outside Japan was up a bare 0.1 percent. 

 

Australian stocks rose 0.2 percent, while EMini futures for the S&P 500 added 0.3 percent. 

 

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Trump faces the biggest crisis of his 16-month-old campaign after a tape of him making vulgar comments about women deepened fissures with establishment Republicans. 

 

A second debate with Democrat Hillary Clinton on Sunday night seemed to have little immediate impact on investor thinking. 

 

Presidential betting markets had lengthened the odds on a Trump victory, while the Five Thirty Eight site of well-regarded forecaster Nate Silver put the probability of a Clinton win at over 81 percent.