Market Comment | Doubts about Trump’s fiscal stimulus dragged down USD during the week
Published on Friday, January 13, 2017 | Updated on Friday, January 13, 2017
Market Comment | Doubts about Trump’s fiscal stimulus dragged down USD during the week
Summary
Overall, financial markets were calm during the first part of the week. However, higher volatility was perceived afterwards, following the first press conference held by US president elect Donald Trump. Following the Trump speech, the USD depreciated and US Treasury yields declined, as he did not mention his awaited plans to increase government spending, triggering […]
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