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Tag Archives: Politics of the United States

Dollar, Futures Slump; Gold Spikes Over $1,200 After Trump Disappoints Markets

Risk assets declined across the globe, with European, Asian shares and S&P 500 futures all falling, while the dollar slumped against most currencies after a news conference by President-elect Donald Trump disappointed investors with limited details of his economic-stimulus plans, and the Trumpflation/reflation trade was said to be unwinding. "The risk was always that a president like Trump would end up upsetting that consensus (of faster U.S. growth, stronger dollar) view by introducing...

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Trump Urges “Civilized World Must Change” After Today’s Terror Attacks

After a violent trifecta of a day, in which terrorist attacks left at least 9 dead and 50 injured in Germany after a truck plowed through a crowded Christmas market (see "Truck Ploughs Into Berlin Market Killing Nine, Over 50 Injured; US Condemns 'What Appears To Be A Terrorist Attack'"); three more people hurt in a shooting at an Islamic Center in Zurich, Switzerland; and the Russian Ambassador to Turkey murdered on live television (see "Russian Ambassador In Turkey Murdered In Terrorist...

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