Investors are unclear about the economic direction and global trade policy of a Donald Trump presidency.

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More from Nigel Farage, who claims "the establishment" is "in deep shock" following the Donald Trump win, adding: "Even more so than after Brexit".

The UKIP interim leader and Brexit figurehead says he commends Donald Trump "for the courage with which he has fought this campaign and I look forward to a closer relationship between the USA and the UK. "We now have a President who likes our country and understands our post-Brexit values," he said. "Prepare for further political shocks in the years to come."

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The British Foreign Minister, Boris Johnson, has held talks with Croatia's Prime Minister, Andrej Plenkovic, in Zagreb. They focused on the consequences of Britain leaving the European Union.

A Croatian government press release said that Mr Plenkovic expressed regret over the outcome of the British referendum on leaving the European Union. He added that Croatia wanted to build strong relationships with the United Kingdom, especially in economy and tourism, and to ensure freedom of movement for workers.

According to the press release, Mr Johnson said it was not in Britain's interest to see the EU weaken and that London wanted a strong partnership with the EU. The British Foreign Secretary said that Brexit would not affect the common trade policy.

Theresa May leads UK political congratulations for Donald Trump after his US election victory.

During the election campaign the US president-elect promised radical changes to America's trade relations.

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What might be the knock-on effect in Europe of Donald Trump’s victory, asks The Economist, external?

The next big democracy to vote after America is France, which holds its presidential election next spring. Could Marine Le Pen, leader of the populist National Front (FN), be elected president, the magazine asks.

Before the American result, the question seemed absurd. Polls have suggested for months that she would do well enough to secure one of the two second-round places at voting next April. This in itself would be a victory of sorts, repeating the achievement of her father, Jean-Marie Le Pen, in 2002. But no polls have indicated that she could beat the centre-right candidate likely to face her, says The Economist.

Now, the unthinkable has become conceivable. There was no disguising the delight in Paris at the FN headquarters. A jubilant Ms Le Pen, who had argued that a Trump victory would be good for France, congratulated the American president-elect and praised the “free” American people. Her lieutenant and party strategist, Florian Philippot, summed up the mood at the FN: “Their world is collapsing; ours is being built.” 

Even Mr Le Pen, who has fallen out with his daughter, tweeted: “Today the United States, tomorrow France!”

Read the rest of The Economist's report, external

Plaid Cymru leader Leanne Wood says Donald Trump's US election victory was "an expression of people who no longer want to be ignored".

BBC Radio 5 live

Former foreign secretary Dame Margaret Beckett has described US President-elect Donald Trump as a “horrible, vile man".

The MP for Derby South, who was foreign secretary between 2006 and 2007, told BBC Radio 5 live she had watched Trump while he "lied, slandered and abused everyone around him – not least his own colleagues in order to get the candidacy”.

Prime Minister Theresa May congratulates Donald Trump on winning the US presidential election, saying she looks forward to working with him to maintain "security and prosperity".

She adds: "Britain and the United States are and will remain strong and close partners on trade, security and defence."

Theresa May said: "I look forward to working with President-elect Trump to make sure we can maintain the security and prosperity of our two nations in the future."

Asked if she would be willing to work with Mr Trump in light of his comments about women that emerged during the presidential campaign, Mrs May repeated that she looked forward to working with him and building on the US and UK's "shared values of democracy and enterprise."

BBC Radio 5 live

BBC Radio 5 live

Hundreds of callers got in touch during BBC Radio 5 live's Your Call to give their reaction to Donald Trump's election as US president.

Sarah from Manchester said she had “tears in her eyes” thinking of her children’s future, whereas Eddie from Country Durham welcomed Mr Trump’s pledge to make peace with Russian president, Vladimir Putin.