Global Markets – Dollar tumbles, bonds rebound as Trump traction fades

By Marc Jones
LONDON (Reuters) – The U.S. dollar nursed widespread losses on Thursday after President-elect Donald Trump’s long-awaited news briefing gave little clarity on future fiscal policies, disappointing bulls who had bet on major stimulus.
Trump did not mention tariffs against Chinese exports, a relief for Asian markets fearing the outbreak of a global trade war, and there was more pain for the dollar as the euro drove higher on ECB minutes showing a split over stimulus.
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