Stocks fall, dollar poised for weekly loss as Trump rally pauses - News Summed Up

Stocks fall, dollar poised for weekly loss as Trump rally pauses


LONDON (Feb 24): Bond market jitters spilled over into stocks on Friday, pulling European indexes lower for a third straight session, and the dollar was poised for a weekly loss as "Trumpflation" trades lost momentum. That knocked the dollar back, leaving it to trade down on the week and facing its first weekly loss in three. Too relaxedPolitical concerns around elections in Europe have so far largely affected bond markets. In commodity markets, London copper prices recovered as doubt about Chinese demand returned. Oil prices fell after U.S. crude inventories rose for a seventh week.


Source: The Edge Markets February 24, 2017 14:26 UTC



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