Archive for December 18th, 2017

New Overnight Developments Abroad - Daily Update

Firmer Stock Markets and a Softer Dollar

December 18, 2017

With passage of a U.S. tax cut at mid-week looking increasingly probable, equities rallied in Asia and Europe overnight, and the dollar eased a bit. Dollar declines amount to 0.3% relative to sterling, the euro, Swiss franc loonie and peso, 0.2% against the Australian and and New Zealand dollars, and 0.1% versus the yen. Share […] More

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