Markets were clearly unsatisfied with Donald Trump as all three benchmark indices opened lower on Wall Street. The second half of the overnight session saw mild recovery. Most of the Fed speakers who spoke overnight seem to be comfortable with the pace of US growth and inflation a

GBL: Global Markets Daily

Dollar Waffles by Saktiandi Supaat

FX Research

Markets were clearly unsatisfied with Donald Trump as all three benchmark indices opened lower on Wall Street. The second half of the overnight session saw mild recovery. Most of the Fed speakers who spoke overnight seem to be comfortable with the pace of US growth and inflation at this point. Fed Kaplan was rather optimistic, as he expects GDP growth to exceed 2% even without any fiscal stimulus or structural reforms. Fed Bullard does not see price pressure to quicken a lot and rates...