Traders across the globe were thrown into market mayhem following the US election result, as they were faced with a shock win for Donald Trump, which led the US dollar, Mexican peso and world stocks to plummet.

US election 2016
A TV screen showing U.S. President-elect Donald Trump and Hillary Clinton is pictured at the stock exchange in Frankfurt, GermanyReuters

As the Wall Street open neared, European shares were down less than 1 per cent and traders were returning to other markets that had been sent into a tailspin as it became clear Trump was set for a dramatic victory over Democrat Hillary Clinton. The Mexican peso, plunged more than 13 per cent against the dollar in chaotic trading. US stocks futures dived five per cent at one point – worse than the carnage caused by Britain's vote to the leave the European Union. The expected US rate rise in December is now looking doubtful. "I love this country," Trump said during his victory speech in New York. "America will no longer settle for anything less than the best ... We have a great economic plan, we will double our growth and have the strongest economy in the world."

US election 2016
A trader from ETX Capital works in central London, following the result of the US presidential electionDaniel Leal-Olivas/ Getty Images
US election 2016
A trader from ETX Capital works in central London, following the result of the US presidential electionDaniel Leal-Olivas/ Getty Images
US election 2016
Traders at BGC Partners look at screens in London after Donald Trump won the US presidential electionToby Melville/ Reuters

Pledges made by Trump that he would also forge strong relations with other big nations has helped ease concerns of heavy tariffs being slapped on selling to the US. However, during an interview with Reuters, one analyst described the markets reaction as being "like the four horsemen of the apocalypse just rode out of Trump Tower".

US election 2016
A TV screen showing president-elect Donald Trump in front of the German share price index, DAX board, at the stock exchange in Frankfurt, GermanyReuters
US election 2016
A trader at the stock exchange in Frankfurt, GermanyKai Pfaffenbach/ Reuters
US election 2016
A trader at the stock exchange in Frankfurt, GermanyKai Pfaffenbach/ Reuters
US election 2016
Traders work on the floor of the New York Stock Exchange (NYSE) the morning after Donald Trump won a major upset in the presidential election in New York CitySpencer Platt/ Getty Images
US election 2016
Traders work on the floor of the New York Stock Exchange (NYSE) the morning after Donald Trump won a major upset in the presidential election in New York CitySpencer Platt/ Getty Images
New York Stock Exchange
Traders work on the floor of the New York Stock Exchange (NYSE) in New York CityBrendan McDermid/ Reuters
US election 2016
An investor looks at a screen showing stock information at a brokerage house in Shanghai, ChinaAly Song/ Reuters
US election 2016
An investor leaves a securities company at the end of the trading day in Shanghai, ChinaJohannes Eisele/ AFP
US election 2016
Investors look at a screens showing stock information at a brokerage house in Shanghai, ChinaAly Song/ Reuters
US election 2016
A Japanese national flag is seen in front of a monitor displaying Hillary Clinton and Donald Trump on TV news at a foreign exchange trading company in Tokyo, JapanToru Hanai/ Reuters
US election 2016
US presidential election news is displayed above the share prices on a digital broadcast on the facade of the Bombay Stock Exchange (BSE) in Mumbai, IndiaPurit Paranjpe/ AFP