Reserve Bank governor Philip Lowe says if Donald Trump were to win next month's US presidential election it would be more of a shock to financial markets than the Brexit vote in June, which in hindsight was "benign". Dr Lowe also said his biggest global concern was the threat of rising protectionism and a decline in support for globalisation.In response to an audience question at a conference in Sydney, Dr Lowe said the bank had not done particular scenario planning for a Trump presidency, something that is unlikely, according to polls. However, the RBA does develop a "generic" response for potential "major ... (full story)