Yahoo TV

STORY: "This will truly be the golden age of America."

'Trump 2.0' winners and losers whipped up global markets on Wednesday (Nov 6).

In Europe, the pan-European STOXX 600 index jumped over one and a half percent, on track for its biggest single-day leap this year.

Leading the march were the so-called 'Trump Trades' – or the stocks which could benefit from Trump's White House.

He's seen as bullish for European defence stocks, due to his warnings to scale back U.S. military support in the region.

Trump also wants to force NATO members to spend 2% or more of their GDP on defence.

An index of Europe's aerospace and defence companies jumped 2.7% to a record high.

Bitcoin surged to a fresh record, banking on a softer line on cryptocurrency regulation.

But shares of European renewable energy companies were under pressure.

Trump has said he'll scrap offshore wind projects through an executive order on his first day in office.

In Asian markets there was also a mixed-bag reaction.

The Shanghai Composite Index closed down nearly a percent.

Trump has pledged previously to impose tariffs of 60% or more on Chinese imports, and 10 to 20% on all other foreign goods.

Japan's Nikkei closed up 2.61%, bolstered by chip and defence stocks.

Meanwhile, in South Korea, the benchmark KOSPI closed down over half a percent.

With many of the world’s trade-dependent economies based in Asia, a Trump win could lead to major uncertainty in the region.

Later this week, investors will turn their attention to the U.S. Federal Reserve and the Bank of England's rate decisions.

Trump's policies on immigration, tax and tariffs are generally viewed as inflationary, which could prompt higher U.S. interest rates.