13-02-2017 13:31 via news.yahoo.com

GLOBAL MARKETS-Stocks on the march as "Trump trades" bounce back

World stocks and bond yields rose on Monday, lifted by a re-emergence of so-called "Trump trades" as investors bet that the U.S. president's tax reform plans will boost economic growth and corporate profits. Following on from Friday's record high closes on Wall Street, Asian stocks rallied to 1-1/2-year peaks and a broad measure of pan-European stocks hit its highest since late 2015. The Japanese yen was the biggest underperformer among major currencies, as is typical when riskier assets such as
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