Archive for December 4th, 2017

New Overnight Developments Abroad - Daily Update

Dollar Strengthens and U.S. Stocks Extend Rally

December 4, 2017

The mounting likelihood of a huge U.S. tax cut is dominating world financial markets. The possibility of a federal government shutdown on Friday is not impacting. Sterling has also been in demand, aided by more constructive Brexit discussions. Overnight dollar gains amount to 1.1% against the kiwi, 0.9% relative to the Swiss franc, 0.6% vis-a-vis […] More

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