(Bloomberg) -- While financial markets are rallying as polls point to a Hillary Clinton victory in the U.S. election, trading patterns around Britain's referendum on European Union membership provide a cautionary tale. A similar rally in stocks, emerging markets and commodities on the day of the U.K. vote gave way to a slump -- and a rebound in haven assets -- after the unexpected decision in favor of Brexit. The outlier this time around is the dollar, which is strengthening, having weakened before Britain's plebiscite.
To contact the reporter on this story: Anooja Debnath in London at adebnath@bloomberg.net.
To contact the editors responsible for this story: David Goodman at dgoodman28@bloomberg.net, Paul Armstrong, Keith Jenkins
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