Asian shares dipped from four-month highs on Wednesday and the euro was pressured as lingering political and economic uncertainty in the United States and Europe sapped investor confidence, Reuters reported. A raft of strong global economic data and hopes that U.S. President Donald Trump’s stimulus measures would boost U.S. economic growth all helped to support world share markets, and the dollar, since late last year. But some of the moves Trump took since he was sworn in on Jan. 20 have spread anxiety in financial markets, including Trump’s protectionist measures on international trade and controversial steps to tighten entry to immigrants from selected countries. Uncertainty on the new administration’s currency policy is also keeping foreign exchange markets on edge.
To subscribe please click here
