Thursday, January 12, 2017

Dollar tumbles, bonds win as Trump trade fizzles

The U.S. dollar has nursed widespread losses after President-elect Donald Trump's long-awaited news briefing provided little clarity on future fiscal policies, disappointing bulls who had bet on major stimulus. But, as Sonia Legg reports, Trump did not mention possible tariffs against Chinese exports - a relief for Asian share markets that have feared the outbreak of a global trade war.

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