Monday, January 16, 2017

· US dollar weakens surrounding uncertainty of President-elect’s stimulus plans


Good Afternoon,

Highlights of the week:-

·         US dollar weakens surrounding uncertainty of President-elect’s stimulus plans
·         Deeper cuts in oil production expected as stated by Saudi Arabia’s energy minister
·         Initial drop in Euro Stoxx 50 caused by decline in healthcare sector
·         Asian currencies gained on the back of dissipating dollar rally.

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