News Forum

Trump fear fans dollar rally as emerging markets sink

 
 



Go Back   News Forum > Top Stories > Breaking News
Breaking News Forum Trump fear fans dollar rally as emerging markets sink at News Forum - The dollar soared against high-yielding currencies and Asian emerging markets sank Friday on the prospect of higher US interest rates, ...

Reply
 
LinkBack Thread Tools Display Modes
Old 11-11-2016, 02:00 AM   #1
Senior Member
 
NF Reporter's Avatar
 
Join Date: Nov 2006
Posts: 66,765
Default Trump fear fans dollar rally as emerging markets sink

The dollar soared against high-yielding currencies and Asian emerging markets sank Friday on the prospect of higher US interest rates, with dealers betting Donald Trump's planned huge spending policies will fire inflation. Despite an all-time high close on Wall Street, investors across Asia turned cautious on uncertainties linked to a Trump presidency, while the Mexican peso fell back towards record lows on worries about the firebrand tycoon's anti-Mexico stance. After an initial shock, global equities rocketed on news Trump had beaten Hillary Clinton, with investors hoping for business-friendly policies and measures to boost the US economy, a key driver of world growth.




Trump fear fans dollar rally as emerging markets sink
NF Reporter is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Facebook rolls out pared down Messenger app for emerging markets NF Reporter Technology 0 10-03-2016 01:17 AM
Global shares, dollar rally as markets shrug off Paris attacks NF Reporter Business 0 11-17-2015 04:29 AM
Investors are fleeing once-popular emerging markets NF Reporter Breaking News 0 08-31-2015 02:35 PM
Italian tensions in focus as emerging markets steady NF Reporter Business 0 08-26-2013 06:33 AM
Analysis: Citigroup has an emerging markets headache NF Reporter Business 0 07-16-2013 12:35 AM


All times are GMT -5. The time now is 05:54 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

SEO by vBSEO 3.2.0 ©2008, Crawlability, Inc.