Nikkei will open lower at 19,037, australian ASX is being traded lower around 5641.
Will the Trump trade continue post-inauguration or will “alternative facts” prove no substitute for concrete policy details in the eyes of the market? We’re about to find out.
With a new US president now firmly ensconced in the White House, markets are set to spend the start of this week coming to terms with enduring uncertainties as trading gets under way in Asia.
Investor eyeballs will be fixed on the dollar and whether last week’s fluctuations are set to continue; how much US tensions with China can be expected to escalate; whether bond markets are taking the prospect of a US spending splurge seriously; and whether equities can regain their post-election steam after an uneven week.
For what it’s worth, the dollar index measuring the greenback against a basket of peers is essentially flat in early morning trade.
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