From construction companies in Spain to copper traders in London's financial district, Donald Trump's victory in the U.S. presidential election is being felt around the world as investors bet on a lasting rise in global inflation.
If Trump delivers on his pledge to give the U.S. economy a growth and inflationary shot in the arm from a multitrillion-dollar package of tax cuts and infrastructure spending, the impact will likely be felt far beyond American borders.
Analysts at M&G Investments this week went as far to ponder whether his election victory had triggered "the end of global austerity.