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Published on Monday, December 18, 2017

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Market Comment | Global market rally ahead of Trump’s tax legislation approval

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Summary

Global stocks showed significant gains after the publication of an agreed text of new US tax legislation (see), which could be approved by the end of this week. US indices are hovering around all-time highs, while the banking sector was among the standout performers. Despite this environment, the USD depreciated, after the recent rally enjoyed […]

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